The Latest

The U.S. is stepping up its effort to convince the European Commission to refrain from hitting Apple Inc. and other companies with demands for possibly billions of euros in underpaid taxes.

The Public Accounting Report, the monthly independent newsletter serving the accounting profession since 1978, released the results of their 35th Annual Professors Survey this August, in which accounting professors across U.S. colleges and universities rank collegiate accounting programs.

PricewaterhouseCoopers has released a quick overview of the Financial Accounting Standards Board’s lease accounting standard.

The Organization for Economic Co-operation and Development issued last October the final Base Erosion and Profit Shifting reports that are expected to fundamentally change the course of international taxation and transfer pricing for all multinational enterprises.

eCommerce has greatly overtaken brick-and-mortar retailing, and very small companies are engaged in multinational business with complex accounting and management information system requirements.

The Internal Revenue Service unveiled a new procedure Wednesday to help people who accidentally miss the 60-day time limit for rolling over their retirement plan distributions into another qualified retirement plan or individual retirement account.

The CPA Consultants’ Alliance has appointed Bonnie Buol Ruszczyk of bbr marketing as the group’s new Marketing Chair and Carrie Steffen of the Whetstone Group as the new Deliverables Chair.

The Public Company Accounting Oversight Board has inked a cooperative agreement with the German Auditor Oversight Body, a new regulator for audit firms in Germany.

National Taxpayer Advocate Nina Olson has posted responses from the Internal Revenue Service to her recommendations for improving taxpayer service, along with papers delivered by presenters at an international conference her office convened last November on taxpayer rights.

Every year, Xero recognizes app, bookkeeping and accounting partners that have performed well the previous year. These are the 2016 award winners.