The Latest

The Private Company Council, the standard-setter for privately held companies, voted Tuesday to finalize an alternative that would exempt private companies from separately recognizing and measuring non-competition agreements and customer-related intangible assets that are not capable of being sold or licensed independently in a business combination.

A trio of New York City-area income tax preparers has been sentenced to prison.

PricewaterhouseCoopers has released a new report on how internal auditors can take advantage of metrics to get better results.

Track1099 introduced TrackW9, an online W-9 management tool for tax professional teams.

The American Institute of CPAs has reorganized some of the content of its auditing and attestation standards.

The Digital Currency Council, a new professional association that aims to foster best-in-class practices for accountants, lawyers and financial professionals in the digital currency economy through training, certification and support has been established.

The American Institute of CPAs has written a letter to Congress asking lawmakers to address the uncertainty about dozens of expired tax breaks and about-to-expire breaks that could complicate next tax season for practitioners.

Grassi & Co. said Tuesday it is combining forces with The Hochman Practice Group, which was formerly part of Rosen Seymour Shapss Martin & Company LLP, expanding Grassi’s footprint to New City, N.Y.

McGladrey LLP has expanded its practice in Ohio by acquiring substantially all the assets of Battelle Rippe Kingston LLP, a CPA firm that offers assurance, tax and consulting services in Southwest Ohio.

Congratulations - you're a new parent! But how will work respond? It's no secret that maternal or parental leave differs from company to company, with benefits ranging from exceptional to unremarkable. Thankfully, Working Mother Magazine has compiled a handy list of 100 companies that treat recent parents with the best programs and support. Notably, a number of tax and accounting firms have been recognized for their work/life balance.