The Latest

The conservative advocacy group Judicial Watch released new Department of Justice and Internal Revenue Service documents last week indicating that the IRS gave the FBI 21 computer disks, containing 1.25 million pages of confidential tax returns from 113,000 nonprofit social welfare groups operating under Section 501(c)(4) of the Tax Code.

Over the course of more than 40 years in practice and teaching both undergraduate and graduate accounting students, I have encountered some interesting, sometimes humorous definitions of some basic accounting terms.

Neat Company introduced a new invoicing parsing feature that uses the company’s InDocument Identification technology and accounting application integrations.

Victims of the early May’s severe storms, tornadoes, straight-line winds and flooding in parts of Texas may qualify for tax relief from the IRS.

The United Nations Development Program and the Organization for Economic Cooperation and Development have launched a new global initiative to help developing countries bolster their domestic revenues by strengthening their tax audit capacities.

Two free accounting programs will be offered at the University of Hawaii at Manoa starting in August, according to Pacific Business News. The introduction of UH Manoa’s Governmental Accounting and Certified Public Accountant Review programs is based on interest from UH's Shidler College of Business’ current students and alumni.

Wui San Kwok, a practitioner member of the International Ethics Standards Board for Accountants and a partner at PricewaterhouseCoopers, shares his insights in this interview on how the public perception of the accounting profession hinges on trust, and the different pressures and challenges faced by accountants in acting ethically.

Acumatica launched its content pack for Power BI, enabling customers to use Microsoft's cloud-hosted data visualization and business intelligence service.

The Big Four firms collectively account for nearly two-thirds of the global risk consulting market and could expand that footprint if they acquire more cybersecurity firms, suggests a new report.

Mitchell & Titus, the largest minority-owned accounting firm in the U.S., has decided to end its membership in the Ernst & Young Global network after more than eight years.