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SaaS expense management provider Tallie announced a new cloud-based expense management solution.

The Financial Accounting Standards Board and the International Accounting Standards Board officially announced the formation Tuesday of a Joint Transition Resource Group for Revenue Recognition.

The top Republican tax writers in Congress and the biggest U.S.-based companies are warning that global negotiations to limit businesses from shifting profits to low-tax countries could harm Americans.

From expenses and timesheets to estimates and invoices, it can be overwhelming for clients to condense an entire year of business into one single meeting with their accountant.

Grant Thonton LLP’s Partnership Board named J. Michael (Mike) McGuire, 55, as the firm’s CEO-elect on Monday, succeeding Stephen Chipman on Jan. 1, 2015.

Some of the major accounting firms and the American Institute of CPAs are planning to publish materials to help accountants and companies deal with the new revenue recognition standards.

William Andreozzi has joined CohnReznick LLP as a partner in the firm’s Woodland Hills, Calif., office.

The Internal Revenue Service has introduced an online tool that will allow users to check on whether a foreign financial institution has registered for the Foreign Account Tax Compliance Act, or FATCA.

The accounting profession has been anticipating this team-up for a few years now, but Accounting Today learned that official discussions didn’t start until earlier this year. “Deals of this size take time to come to agreement on,” said Scott Ozanus, deputy chairman and COO of KPMG. “To be quite honest, we didn’t literally start talking to the principals of [Rothstein Kass] until January 2014.”

Public companies have begun filing their first set of reports on so-called “conflict minerals” with the Securities and Exchange Commission to meet a deadline Monday, but advocacy groups are finding the reports are not providing much information so far.