The Latest

The Financial Accounting Standards Board has issued a proposed accounting standards update to clarify the definition of a business in an effort to improve financial reporting of acquisitions of nonfinancial assets.

EisnerAmper announced a pair of mergers Monday, with Mallah Furman in South Florida and Ueltzen & Company in California.

BlackLine introduced BlackLine Insights, cloud analytics software built to give customers real-time data to benchmark, analyze and improve the efficiency and performance of their finance processes.

The Indiana Board of Accountancy has approved a proposed rule change that would amend the ethics requirements for CPAs in the Hoosier state, promising to pave the way for competency- or experience-based ethics education in Indiana.

The Internal Revenue Service does not always penalize employers who fail to respond to requests to resolve discrepancies in the wage information reported to the federal government, according to a new report.

Accounting firm chief information officers plan to hire more IT staff for the remainder of 2015, according to a recent survey conducted by the ITA.

Moss Adams has agreed to combine with Spokane, Wash.-based financial services consulting firm Contineo.

The AICPA announced last week that they will be working in conjunction with the Lebanese Association of Certified Public Accountants (LACPA) as part of their commitment to work with their Middle Eastern counterparts. The Institute will look to share their resources promoting professional expertise and enhanced quality of services.

Vanguard Group Inc. has reached an agreement to pay several million dollars in back taxes in Texas, the first known payout related to a whistle-blower’s accusation that the world’s biggest mutual-fund company underpaid its taxes by tens of billions of dollars.

Tax pros weigh in on who they most hate to see walk in the door