The Latest

A group of female House Democrats is urging Speaker of the House John Boehner, R-Ohio, to allow a vote on extending federal unemployment insurance to help 1.3 million long-term unemployed workers facing the expiration of the Emergency Unemployment Compensation program on December 28.

The Financial Accounting Standards Board and the Private Company Council have issued the final version of their Private Company Decision-Making Framework: A Guide for Evaluating Financial Accounting and Reporting for Private Companies to help FASB and the PCC determine whether and when to provide alternative recognition, measurement, disclosure, display, effective date or transition guidance for private companies reporting under U.S. GAAP.

Consumer tax prep software maker TaxAct has signed an agreement with the health insurance exchange GetInsured to help taxpayers compare and apply for health insurance.

The Internal Revenue Service has issued Revenue Ruling 2014-02, explaining the tax treatment of payments under the National Mortgage Settlement to homeowners whose principal residences were foreclosed by mortgage servicers using techniques such as “robosigning,” where there was little documentation or examination by qualified bank officials.

Booz & Co.'s global partners have voted to approve a combination with PwC.

The Securities and Exchange Commission has voted to propose rules aimed at increasing access to capital for smaller companies.

Accounting Today has issued a call for submissions for its 2014 Top New Products report.

Switzerland’s 300 banks have enlisted an army of auditors, lawyers and in-house workers as they race to meet a Dec. 31 deadline on whether to seek U.S. amnesty for helping American clients evade taxes.

CCH has added new and premium features to CCH Mobile—which are included with subscriptions to IntelliConnect—including voice-recognition and read-back technology, drag and drop functionality and more.

Accounting software maker Cougar Mountain Software has promoted Dave Haworth to executive vice president, from his most recent position as chief sales officer.