The Latest

KPMG International said it realized record revenues globally of US$24.82 billion for the fiscal year ending Sept. 30, 2014, a 6.3 percent increase over the previous year in terms of local currency.

The University of Miami School of Business Administration announced on Monday that it will begin offering a new, online Master of Professional Accounting program beginning in May 2015. The fully online program is designed for those with no prior accounting experience or coursework, and will prepare students for careers in corporate financial accounting, taxation, and management accounting.

As the ITA kicked off its Fall 2014 Collaborative Dec. 7-9, the independent association of consulting firms and technology vendors announced new membership.

Officials from the Financial Accounting Standards Board and the International Accounting Standards Board spoke about the path forward on harmonizing U.S. GAAP with International Financial Reporting Standards as the two boards near the end of their convergence efforts.

The other day I spent an hour drafting a long email detailing out the errors I picked up on in a client’s balance sheet.

The Massachusetts Society of CPAs said Tuesday that their president and CEO, Eileen McAnneny, will step down at the end of next month and a search for a new president is starting immediately.

The New York-based accounting, tax and advisory services firm WeiserMazars LLP, its sister firm abroad Mazars Group and other business groups and government are collaborating on launching a global human rights survey.

The IRS is reminding practitioners that the deadline for those who want to participate in the new voluntary Annual Filing Season Program must complete the continuing education requirements by Dec. 31.

U.S. Senate Finance Committee Chairman Ron Wyden said he expects Congress to pass legislation that would permanently extend three lapsed tax breaks for charitable contributions.

AccountantsWorld president Jeff Gramlich discusses how accounting can address technology concerns around using cloud technology, in an interview with Accounting Today editor-in-chief Dan Hood.