The Latest

Working with accounting professionals, a common challenge we often encounter is a CPA’s inability to secure an engagement and their frustration of not understanding why this happens. Analyzing these situations has led us to uncover that one of the main reasons for not securing an engagement is a fear of climbing!

Councilor, Buchanan & Mitchell (CBM), a full-service CPA and business advisory firm with offices in Bethesda, Maryland and Washington, DC, is partnering with the Housing Opportunity Community Partners (HOCP) again this year for their annual school supplies drive. This year, HOCP’s goal is to collect enough school supplies to support 2,000 low-income students throughout Montgomery County, Maryland.

The union representing Internal Revenue Service employees is denouncing a provision in the pending highway funding bill that would require the Treasury Secretary to contract with private collection agencies as an offset for some of the costs of extending funding for the Highway Trust Fund.

The International Accounting Standards Board confirmed Wednesday a one-year deferral of the effective date of the revenue recognition standard to stay in alignment with the Financial Standards Accounting Board, which also recently decided to defer the standard for companies in the U.S.

Tagetik announced enhancements to its corporate performance solution that simplify the consumption and analysis of financial information.

Returns stats, ACA results and more from the 2015 filing season

FreshBooks has partnered with time-tracking app Hours so users can view and manage accounting and time data across both solutions.

Sen. Rand Paul, R-Ken., who is one of the Republican candidates running for President, demonstrated his tax reform chops by releasing a campaign video showing him destroying the 70,000-page U.S. Tax Code with a chainsaw, fire, and a wood chipper.

Aplos Software introduced its API, enabling software providers to connect to Aplos’ online nonprofit software.

Online business education and career guide Top Management Degrees recently published a ranking of the top 50 business schools to earn an MBA.