The Latest

The Internal Revenue Service has made progress in implementing information security controls, but a new report from the Government Accountability Office finds that weaknesses in the controls limited their effectiveness in protecting the confidentiality, integrity and availability of financial and sensitive taxpayer data.

One out of three internal audit departments worldwide are now outsourcing at least some of their work to a third party, according to a new study.

It’s officially tax season, and between now and April, individuals and corporations alike will be filing their taxes with the IRS.

Kerri Swope of Care.com HomePay talks in this video about some of the tax breaks that are available to families, such as the Child and Dependent Care Credit.

Aplos Software has introduced Aplos Advanced Accounting, a fund-based financial system for nonprofit and religious organizations.

Securities class-action lawsuits, including claims against auditing firms, have reached a five-year high, according to a new report.

The Governmental Accounting Standards Board has issued recognition and measurement guidance for state and local governments that benefit from irrevocable split-interest agreements.

Making the case for the proposed AICPA/CIMA association

In order to help graduating students stand out in a competitive job market, the Institute of Management Accountants (IMA) launched the IMA Accounting Honor Society (IAHS) last year to give students an academic distinction amongst their peers upon completion of their collegiate studies. The IAHS announced that they are still accepting applications for the Society before the Class of '16 graduates later this Spring.

The Treasury’s latest Green Book points to available ‘tax loopholes’