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Oscar Wilde was certainly not thinking about accounting firm mergers and acquisitions when he penned his farcical comedy, The Importance of Being Earnest. But, the message in the title is abundantly clear for any CPA firm considering such a transaction.

The oil and gas industry’s earnings season is barely underway, and already there’s been $6.5 billion in writedowns.

A senior Republican senator said lawmakers need better data on Puerto Rico’s financial situation before helping the island, as the Obama administration and the territory’s governor stepped up their warnings about the depths of its crisis.

Accounting Degree Review - an independent, online publication that covers education and career paths for students - recently released their 2015 ranking of the top 45 online graduate accounting programs.

Education services company Kaplan Inc. a subsidiary of publicly traded Graham Holdings, has agreed to acquire SmartPros, Ltd., a provider of accredited professional education and training for accountants and other finance professionals.

Highlights of some of our favorite tax-related blogs from the past week.

The Internal Revenue Service recently proposed regulations that could have a big impact on U.S.-based multinational corporations that are considering incorporating a foreign branch operation or transferring intellectual property abroad.

It’s just not in the nature of most accountants to make hassle calls to taxpayer clients who are late coming in to get their returns prepared and filed.

According to a new Robert Half survey, employees claim to want more feedback on their career futures with their bosses. The research claims that 40 percent of professionals say their managers never discuss their career paths with them.

“This meeting is about perspective,” said Barry Melancon, president and CEO of the American Institute of CPAs, while sharing his during the AICPA’s 2015 Fall Meeting of Council.