WebCPA Staff

Thomson Reuters has named Grant Thornton LLP the first “Certified Implementer” of its corporate tax software.

The Supreme Court has agreed to hear a case next term that would decide whether medical residents should be considered students or employees when collecting Social Security taxes.

ATM and voting machine maker Diebold and three of its former financial executives have been charged by the Securities and Exchange Commission with engaging in a fraudulent scheme to inflate the company’s earnings.

The American Institute of CPAs’ Peer Review Board has released an exposure draft containing proposed revisions to the guidance for the standards governing CPA firm peer reviews.

Organizations worldwide lose an estimated 5 percent of their annual revenues to fraud, potentially amounting to over $2.9 trillion, according to a new study.

Goodwill impairments at U.S.-based companies fell dramatically last year, according to a new study.

The Securities and Exchange Commission and the Financial Industry Regulatory Authority are warning investors to beware of stock scams that promise easy profits from cleanup efforts related to the catastrophic BP oil spill in the Gulf of Mexico.

A federal appeals court ruled against PricewaterhouseCoopers in a long-running bankruptcy case that could now examine whether the firm acted in good faith as the auditor for a defunct hospital system.

The former controller of Monster Worldwide has been ordered to disgorge over $209,000 in ill-gotten gains, penalties and interest in connection with a stock options backdating case.

The Public Company Accounting Oversight Board has released updated staff guidance to help accounting firms outside the U.S. to register with the board even if their countries do not allow the PCAOB to inspect them or answer some of the questions on a PCAOB application form.

While the majority of companies these days have ethics policies on giving and receiving gifts, many senior financial executives believe their leaders don’t necessarily follow those policies, according to a new poll.

The Federal Trade Commission has further delayed enforcement of the so-called “Red Flags” Rule for identity theft prevention until Dec. 31, while Congress considers legislation that would affect the scope of entities covered by the rule.

Document management and workflow software provider Cabinet NG has introduced a Web browser interface that gives users the ability to search through online cabinets and folders, and view documents from any location anytime, without installing additional software on remote systems.

The House approved a bill to extend many expiring and expired tax breaks through the end of the year, as well as extend unemployment insurance benefits through the end of November.

Seventy percent of corporate executives at large companies plan to increase their spending on climate change initiatives between 2010 and 2012, according to a new survey by Ernst & Young.

An overwhelming majority of senior financial executives say their tax department’s top priority is not tax savings or their effective rate, but timely and accurate tax return and financial reporting, according to a new survey of CFOs and senior comptrollers by Grant Thornton LLP.

CCH has undertaken a nationwide research project on the sales and use tax treatment of drop shipment transactions, and used the information to update its tax research.

The California Society of CPAs has honored seven CPAs with its Women to Watch Awards at its recent Women's Leadership Forum here.

The Securities and Exchange Commission has appointed Brian T. Croteau as its deputy chief accountant for the Professional Practice Group in the SEC’s Office of the Chief Accountant.

The Internal Revenue Service has begun mailing out questionnaires to 401(k) plan sponsors to assess compliance with retirement plan regulations.