The Latest

A post-implementation review of an accounting standard for state and local governments on the impairment of capital assets and insurance recoveries found that it provides important information to users, but does not resolve all the issues it was meant to address.

The Securities and Exchange Commission is bringing charges against a telecommunications equipment maker and two of its former executives for improperly recognizing as revenue over a million dollars’ worth of inventory.

Acumatica unveiled its 5.0 beta release Monday at its largest Partner Summit to date, hosting more than 400 partners and customers.

Addappt will automatically update contact info in your electronic address book -- provided you can get your contacts to join in.

A recent call on a CPA client firm in the Midwest led to this exchange with the managing partner of the firm: “Greg….we just don’t have time to plan strategically, primarily because our clients are starting to feel the start of the boom and we are running like crazy to keep up with them.”

Accounting Principals shows where your next job should be

The Accountants Confidence Index got back into sync with an upward tick in July, after the short- and mid-term readings split in June.

U.S. taxpayers reported $9.1 trillion in adjusted gross income (less deficit) for tax year 2012, according to the most recent IRS Statistics of Income Bulletin.

Grants Management Systems announced it will be hosting the webinar "Successfully Utilizing a Grant Team in Your Organization.”

The IRS is reminding truckers and other owners of heavy highway vehicles that they may need to file their next federal highway use tax return by Tuesday, September 2.