The Latest

U.S. corporations have reported to the Internal Revenue Service that 54 percent of their offshore profits are earned in 12 tax haven countries that, combined, only account for 4 percent of economic output among all countries where U.S. corporations do business.

Salt Lake City-based Western Governors University has launched a new, online business master’s degree program for a Master of Science in accounting, with applications accepted now.

If your accounting practice focuses around tax and consulting work, one of our biggest deadlines is past and we have a couple of months to gear up for the rush of September and October 15.

A group of technology companies sent a letter Wednesday to leaders of the House Financial Services Committee objecting to legislation that would exempt companies with under $250 million in annual revenue from existing requirements to file financial statements as machine-readable open data.

The XBRL International Standards Board is forming a global Corporate Actions Working Group to standardize the transmission of corporate action events in Extensible Business Reporting Language, or XBRL.

The Governmental Accounting Standards Board voted unanimously Wednesday to approve two exposure drafts proposing significant improvements to financial reporting by state and local governments of other post-employment benefits, such as retiree health insurance.

Thomson Reuters has kicked off a new blog series to help UltraTax CS users enhance their client relationships and generate additional revenue using data mining capabilities within the software.

This summer, there is a good chance that you, or someone you know, will be participating in a walk/run dedicated to supporting a nonprofit organization.

Xero was named No. 1 on Forbes’ list of the World’s 100 Most Innovative Growth Companies, followed by NetSuite at No. 2.

The Financial Accounting Standards Board and the International Accounting Standards Board have released their long-awaited converged standard on revenue recognition after more than a decade of effort.