The Latest

The International Integrated Reporting Council has signed a memorandum of understanding with the World Intellectual Capital Initiative to ensure that "intellectual capital" is reflected as a crucial and essential source of an organization's value creation within integrated reporting.

Amit Jain of ADP Small Business Services discusses the challenges of growing an accounting practice, retaining clients, increasing cash flow, recruiting and retaining staff members, and dealing with regulatory complexity, in an interview with Accounting Today editor-in-chief Daniel Hood.

The Financial Accounting Standards Board voted Wednesday to indefinitely defer certain disclosures about investments held by a nonpublic employee benefit plan in its plan sponsor’s own nonpublic equity securities.

Leaders of the House Energy and Commerce Committee have sent a letter to Internal Revenue Service acting chief Daniel Werfel requesting information about a March 2011 IRS search and seizure of as many as 60 million medical records from a California health care provider.

The Internal Revenue Service is not always properly monitoring or establishing the partial payment installment agreements it enters into with taxpayers, according to a new government report.

Skoda Minotti completed its second Tampa firm merger with the addition of Dowell & Perez PA. Deal terms were undisclosed.

Eide Bailly has added Salt Lake City-based CPA firm Lake, Hill & Myers, to its roster. The merger is expected to go into effect on July 1.

The South Atlantic, West South Central and Pacific regions had the most private sector job growth in May, according to a new report by payroll giant ADP, with Texas, Florida, California and Georgia leading the way.

Sage developer xkzero has partnered with technology-enabled transportation and supply chain management services provider Echo Global Logistics Inc. to offer integrated transportation logistics for Sage ERP products.

Senators Roy Blunt, R-Mo., and Jay Rockefeller, D-W.Va., have introduced a bipartisan bill to make the New Markets Tax Credit program permanent and increase its annual allocation.