The Latest

Fitch Ratings is warning that approval of a Financial Accounting Standards Board proposal on the treatment of credit losses for loans and other financial assets could eventually force U.S. banks to book expected losses early, putting pressure on their reserve levels and reported earnings.

Armanino has released an integrated application for Microsoft Dynamics CRM 2011 that supports the product lifecycle for manufacturers, distributors and medical device and life sciences companies.

Todd Christie, the brother of New Jersey Governor Chris Christie, has joined Ernst & Young as director of the firm’s Northeast Practice Market Team, but brings along some baggage, including settled SEC charges.

CollegeFrog, a recruitment automation provider for professional services firms, is hosting a Spring 2013 National Meet the Firms Week March 25-29, as a follow-up to its inaugural virtual recruiting event last October.

Cyberattacks, fraud in foreign markets, global economic conditions, M&A plans and the sequester are among the topics that are expected to dominate the discussion at shareholder annual meetings this year, according to a survey by accounting firm BDO USA.

The International Accounting Education Standards Board has issued a set of revised standards for the initial professional development of accountants emphasizing that practical experience plays a key role in developing the competence of fledgling accountants.

A majority of business leaders believe tax reform should be separated from reforms to government entitlement programs and deficit reduction, according to a new poll.

CCH’s sales and use tax calculation product Sales Tax Office has completed the certification process for integration in the Microsoft Dynamics AX 2012 ERP system.

Three cloud accounting software developers—Dave Clarke of Kashoo, Jamie Sutherland of Xero, and Scott Zandbergen of Wave—talk with Seth Fineberg of Accounting Today about the role of accounting professionals in their business and accounting technology as a whole.

Valerie Dolan has been promoted to partner at Nisivoccia LLP.