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Democratic presidential candidate Hillary Clinton on Wednesday urged Congress to take action against companies that avoid taxes by shifting their debt to American soil while moving profit overseas, a technique known as earnings stripping, and said that if they don’t, the Treasury Department should crack down with new rules.

Henry & Horne, LLP has acquired Anderson, Church & Co. PLLC in Arizona, effective December 1.

Christina Wiseman of Thomson Reuters discusses how to get an accounting firm's staff members and clients to use online portals.

Financial reporting is increasingly complex, and many companies find it challenging to comply with the disclosure requirements of the standards while providing readers with information that is meaningful and understandable.

The Public Company Accounting and Oversight Board is continuing to encounter resistance from Chinese authorities in its efforts to gain access to inspecting audit firms in China.

Securities and Exchange Commission chair Mary Jo White said the SEC is considering a recommendation from SEC chief accountant James Schnurr that would allow for the supplemental use of International Financial Reporting Standards by U.S. companies in addition to their U.S. GAAP financials.

Royal Bank of Scotland Group Plc agreed to pay 23.8 million euros ($26 million) to settle allegations from German prosecutors that its Swiss Coutts & Co. Ltd. private bank helped some clients evade tax.

Congressional leaders are pushing to reach a deal on a must-pass U.S. government spending bill as a Friday deadline nears to avoid a federal shutdown, even as they concede that lawmakers may have to work into the weekend and beyond.

According to a new survey by CPA.com, firms that have embraced new technologies are more likely to change with the most urgency. Early adopter firms - be it technology or practice management innovations - are more likely to enact deeper changes more rapidly than more cautious CPA firms, according to CPA.com's Innovation in Public Accounting Survey.

Greater engagement and a deeper relationship with your software providers will pay dividends in better service, better deals and, ultimately, better products, according to tech expert Jim Bourke.