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The IFRS Foundation has signed a memorandum of understanding with the World Bank to help developing countries use International Financial Reporting Standards.

As clients age, accountants and advisors need to be ready to help them and their families handle the issues surrounding their eventual decline. U.S. Wealth Management’s John Napolitano discusses how, and why it’s more important than ever.

Grant Thornton International has named Peter Bodin, the former CEO of Grant Thornton Sweden, as CEO-elect, succeeding Edward Nusbaum, who will retire at the end of the year.

The tool is designed to solve two problems with traditional reports: Distribution and collaboration.

The tool helps companies calculate and comply with country-specific taxation rules that change often.

The window for participating in Accounting Today and Best Companies Group's annual ranking closes on Monday, May 15.

A California CPA has won a key ruling in a suit against the California Board of Accountancy claiming it is improperly enforcing a fingerprinting requirement.

PricewaterhouseCoopers’ firm in the United Kingdom was fined a record £5 million ($6.4 million) by the U.K.’s Financial Reporting Council for its audits of Connaught, a social housing maintenance business that collapsed in 2010.

The president’s personal lawyers said in a letter that his taxes from the past 10 years show that—with a few exceptions—he received no income from Russian sources and owed no debts to Russian lenders.

When CPA firm leaders are in discussions to merge with another firm, the conversation at some point turns to the importance of staff retention and engagement over the short and long term.