The Latest

As a CPA and attorney at law, this office has certainly seen its share of food service industry examinations, both at the federal and state levels.

The Private Company Council voted Tuesday to move forward with proposed alternatives within U.S. GAAP to improve financial reporting for private companies.

Institute of Management Accountants president and CEO Jeffrey Thomson discusses the IMA's efforts to improve management accounting education and its partnerships with the Association of Chartered Certified Accountants and the American Accounting Association, in an interview with AccountingToday.com editor-in-chief Michael Cohn.

The U.S.-based Center for Audit Quality has teamed up with two organizations in Europe and Australia on a new report that highlights the similar issues facing audit committees around the world.

KPMG has launched KPMG Link Cost Projector – Online, a Web-based version of its global mobility budgeting software, designed to serve international HR and finance departments.

Grammy-winning singer and songwriter Lauryn Hill has been sentenced to three months in prison and three months of home confinement for failing to file tax returns for five years and not reporting more than $2.3 million in income.

The City of Harrisburg, Pa., has settled securities fraud charges with the Securities and Exchange Commission in the first-ever case in which the SEC has charged a municipality for misleading statements made outside of its securities disclosure documents.

The Public Company Accounting Oversight Board has reproposed for public comment its related-parties auditing standard along with related amendments to other standards to address areas that have been contributing factors in financial reporting frauds.

As the Northeast continues to recover from Superstorm Sandy, the New Jersey Society of CPAs dedicated its Day of Service to the cause April 27, along with family and friends across the state.

The Senate has approved legislation requiring online retailers to collect sales taxes from Internet sales, even if they don’t have a physical presence in the state where the customer resides.