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Less than nine months after uncovering the $215 million financial fraud at Peregrine Financial Group, Confirmation.com said that its electronic audit confirmation service was used to uncover another case of financial fraud.

A quick look at the Financial Accounting Standards Board's proposed standards from Bloomberg BNA

Top 15 accounting, tax and advisory firm CohnReznick recently donated a total of $150,000 to the Special Operations Warrior Foundation and the Joe Torre Safe At Home Foundation at its 22nd Annual Charity Gold Invitational June 10.

As G8 leaders met in Northern Ireland for a summit focused on increasing financial transparency and tax information exchange, 150 business leaders and investors also gathered in Germany to advance a market-led solution to financial transparency.

World leaders at the G8 Summit meeting in Lough Erne, Northern Ireland, issued a declaration Tuesday calling for countries to share tax information and increase transparency to discourage tax evasion, and President Obama released an action plan for identifying actual company ownership.

Members of Generation X are having the most difficulty meeting their household expenses and dealing with other financial obligations, according to a new study by PricewaterhouseCoopers.

Congressman Chaka Fattah, D-Pa., a senior member of the House Appropriations Committee, has introduced legislation that would direct the Treasury Department to issue a legislative proposal to Congress concerning the viability of replacing the current income tax with a consumption tax.

Sikich LLP has signed a letter of intent to merge with Brookfield, Wis.-based public accounting and consulting firm Kolb+Co.

We secretly knew all along that accounting was a glamorous profession, but now we have proof.

Competition is mounting for accountants from similar service providers that are cannibalizing key clients.