The Latest

With an estimated 75 percent of CPAs expected to retire over the next 15 years, according to the AICPA, CPA firms are under pressure to recruit and retain a sufficient number of young accountants to keep the business going.

Subscription billing software provider goTransverse announced a new partnership with enterprise IT consulting firm MatrixIntel.

It’s the beginning of the end of the filing date disconnect between foreign bank account reports and income tax returns.

The AICPA named Dr. Mark Dirsmith as the winner of the 2015 AICPA Distinguished Achievement in Accounting Education Award on Friday. He was honored at the annual meeting of the American Accounting Association (AAA), in Chicago.

Andrea Parness of A Parness Company CPA talks about how her firm is using online portals for exchanging tax documents with clients and payroll files with a payroll service, in a video interview with Accounting Today editor-in-chief Dan Hood.

The Governmental Accounting Standards Board has issued final guidance that requires state and local governments for the first time to disclose information about tax abatement agreements.

The Internal Revenue Service has issued final regulations for determining a taxable beneficiary’s basis in a term interest in a charitable remainder trust upon a sale or other disposition of all interests in the trust, to the extent that basis consists of a share of adjusted uniform basis.

The U.S. Chamber of Commerce Foundation announced on Tuesday that EY has been named a finalist in the 2015 Corporate Citizenship Awards under the "Best Commitment to Education Program" category, alongside Accenture and the GE Foundation.

The Financial Accounting Standards Board has issued an accounting standards update on derivatives and hedging related to electricity contracts.

Bookkeeper360 has chosen Expensify as their preferred receipt and expense management partner.