The Latest

The National Society of Accountants Scholarship Foundation announced the $32,700 in scholarships to 39 students it will be handing out in 2013.

A married pair of New Jersey tax preparers have been charged with tax fraud, with the wife arrested at her home, while the husband remains at large.

The Governmental Accounting Standards Board has issued for public comment a proposed concepts statement that would guide GASB when establishing standards regarding the measurement of assets and liabilities for U.S. state and local governments.

The International Accounting Standards Board has issued a revised exposure draft containing proposals for changing the accounting for insurance contracts.

VAR veteran Terry Petrzelka, now a valued advisor and consultant to vendors and resellers discusses the top concerns for accounting technology consultants in this monthly Q&A series

Irvine, Calif.-based White Nelson Diehl Evans CPA firm staff recently spent a morning sorting food at the Second Harvest Food Bank of Orange County.

The Securities and Exchange Commission has charged a China-based company and its CEO with fraudulently misleading investors about its financial condition by touting cash balances that were millions of dollars higher than actual amounts.

Italian fashion designers Domenico Dolce and Stefano Gabbana, founders of the Dolce & Gabbana couture business, were sentenced by an Italian court to a 20-month suspended prison sentence and a steep fine of approximately $670,000 for tax evasion.

The House Financial Services Committee has unanimously passed legislation prohibiting the Public Company Accounting Oversight Board from mandating the automatic rotation of a public company’s independent external auditor.

SAP has partnered with travel itinerary and booking product maker Traxo to integrate its offerings into SAP Cloud for Travel, which will allow travelers and corporations additional choice and efficiencies for travel and expense management.