The Latest

Daily Journal Corp., a publisher that counts billionaire investor Charles Munger as chairman, has shored up how it discloses information to investors after years of disputes with auditors.

ComScore Inc., the Internet and entertainment research firm, replaced its chief executive officer and chief financial officer as the board’s accounting probe dragged on into its sixth month.

Succeeding at the sales process is one of the more challenging aspects of your role as a CPA. In most cases, you have to sell your own work. For most CPAs, sales does not come naturally and frustration can build quickly when things aren’t moving in a positive direction.

Privately held companies are scaling back their hiring plans, according to a survey from PricewaterhouseCoopers, partly due to fretfulness over the presidential election.

According to a new Accountemps survey, some twenty-three percent of polled CFOs said their firms are doing more entry-level hiring today than five years ago, with another 65 percent saying their efforts have remained the same. For those more actively hiring, an "innovative spirit" (30 percent) and enthusiasm (22 percent) were the most cited reason for seeking more entry-level professionals.

The Tax Court held a husband and wife who supplied information to the Internal Revenue Service are entitled to a full 24 percent of the “collected proceeds,” which includes a criminal fine and civil forfeitures to the government, not just tax restitution.

The AICPA and Chartered Institute of Management Accountants (CIMA) announced on Tuesday that they have expanded their AICPA-CIMA Competency and Learning website to support all major practice areas in management accounting and public accounting with new learning resources and competency-development tools.

How can a CPA firm differentiate itself?

Intuit reports that its QuickBooks Online now has more than 1.5 million paying subscribers.

The Internal Revenue Service has issued a revenue procedure saying a charitable remainder annuity trust that includes a sample provision in its governing agreement won’t be subject to a test that could disqualify it.