The Latest

CapinCrouse LLP, which primarily provides services to not-for-profit clients, has expanded its practice with the addition of New York-based Lambrides, Lamos, Taylor CPAs LLP. The combination is expected to take effect on June 1, 2013.

Privately held retailers are operating with relatively thin profit margins nearly four years after the end of the recession, and some analysts say costs could go up and pinch margins even more if Congress approves the latest effort to get more retailers to collect taxes on their online sales.

The Internal Revenue Service has appointed David Fisher, chief financial officer of the Government Accountability Office, as a senior executive to help the tax agency recover from the controversy over its scrutiny of small-government groups.

Robert Herz, the former chairman of the Financial Accounting Standards Board, stopped by the Accounting Today offices last week to talk about his new book, “Accounting Changes,” and film a video interview.

Finance executives are bouncing back from the recession with a new focus on business expansion with the help of technology such as mobile devices, according to a new report.

The Public Company Accounting Oversight Board released a report Tuesday on its 2012 inspection of Deloitte & Touche LLP, indicating that it found problems in 12 of the 51 audits performed by the firm that it inspected and in one other audit in which the firm was involved.

The latest numbers show an unemployment rate of 7.6 percent, but that figure doesn’t tell the whole story about job opportunities.

Peterson Sullivan LLP has agreed to merge in Clothier & Head PS into its practice. The merger is expected to go into effect on July 1, 2013.

Employees are more likely to receive recognition from CFOs at small businesses as opposed to larger businesses, a new survey suggests.

Carlos Otal is the new managing partner of Grant Thornton LLP’s Global Public Sector Financial Management Advisory and Audit Services.