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British Telecom has picked KPMG as its new auditing firm, ending a 33-year relationship with PricewaterhouseCoopers, in the wake of an accounting scandal in the telecommunications giant's Italian unit.

Art Kuesel on how communication and trust will make a professional indispensable to a client.

The International Accounting Education Standards Board has proposed a revision to its continuing professional development standards that could potentially move accountants away from gaining CPE credit in terms of a set number of hours.

U.S. exporters have been claiming the DISC or IC-DISC tax break for more than 45 years. Despite these facts, some enterprises fail to take advantage of the federal government’s tax giveaways for Interest Charge Domestic International Sales Corporations. Here are 10 winning IC-DISC strategies an exporter can use.

The Internal Revenue Service is making strides in assisting victims of tax-related identity theft more promptly and making fewer errors on cases, thanks to a more centralized approach, according to a new government report.

U.S. tax revenue is running as much as $70 billion behind estimates more than halfway through the fiscal year, leaving the government with less cash than planned and adding to pressure on Congress to raise the debt ceiling.

More than 70 ministers and high-level representatives from countries around the world signed a tax treaty to prevent base erosion and profit shifting, but not the U.S.

As digital transformation continues to make headlines, nearly all business professionals agree that advanced technologies are going to significantly change the way we live and work over the next decades.

There was a time when consulting projects came in very specific shapes and only fit into the same-shaped hole.

Thomson Reuters' Jon Baron and other experts forecast the latest trends for CPAs at the California Accounting Show