WebCPA Staff

The International Public Sector Accounting Standards Board has proposed new guidance to deal with the wave of government takeovers of private businesses.

Federal authorities have sued actress Robin Givens, ex-wife of heavyweight boxer Mike Tyson, for nearly $300,000 in unpaid taxes, interest and penalties stretching back 13 years.

Two thirds of the 500 largest public companies are prepared to begin using interactive data-tagging technology to file their financial statements, according to a new survey.

U.S. banks need about $74.6 billion in extra capital after undergoing a series of financial stress tests by the Federal Reserve.

Internal Revenue Service agents raided a local tax practice in Central Florida known as Taxes by Mr. Bill and accused the firm of stealing its clients’ tax refunds.

The estranged husband of actress Kate Walsh has filed papers asking a judge to force her accounting firm to produce more financial information about her and their home.

The Center for Audit Quality has released a new guidebook to explain to investors, managers and other interested parties the important role played by auditors of public companies.

PNC Equity Partners II LP has acquired Apex Analytix, a firm that provides recovery audit services to more than a third of the Fortune 100.

Tax and accounting information publisher BNA has appointed a new chief information officer, established a new product research and development unit headed by a new chief product officer, and appointed six vice presidents.

Payroll data released Tuesday showed that private sector employers slashed 491,000 jobs in April.

A county tax commissioner in New Jersey has been replaced after he was indicted last week for conspiring to embezzle $278,650 from his Elks Lodge to gamble in Atlantic City.

SmartVault released the latest version of its online document management service for QuickBooks users at the New Jersey Society of CPAs’ Accounting, Business and Technology Show.

In conjunction with the close of tax season, the "Late Show with David Letterman" presented a group of accountants listing the top 10 lessons they have learned as accountants.

Sage North America announced 500 job cuts as the accounting software developer’s U.K. parent company posted revenue declines.

The Ohio Society of CPAs is teaming up with the U.S. Department of Labor to improve the quality of audits of employee benefit plans in the Buckeye State.

Local accounting firms Conner Ash and the SPS Group CPAs met in St. Louis, danced the hoochee koochee, became each other’s tootsee wootsie, and have now announced a merger.

CPA firm Mize, Houser & Co. has teamed up with software developer Star Americas Software Solutions to offer a practice management program aimed at midsized to large accounting firms.

The former director of finance for packaging-machine maker Winpak Lane’s California office has pled guilty to tax and embezzlement charges.

BDO International has Georgia on its mind, but not necessarily the Georgia you might be thinking of.

Paychex has named Jennifer R. Vossler as the payroll company’s new vice president and controller.