The Latest

The Institute of Management Accountants and the American Accounting Association’s Management Accounting Section have teamed up on an accounting educational framework that they hope will be used to re-orient undergraduate and MBA accounting curricula to match on-the-job demands.

Mary Jo White, the former U.S. Attorney in Manhattan, is under consideration to become the next chairman of the Securities and Exchange Commission, three people with knowledge of the matter said.

Kayte Steinert-Threlkeld has joined Top 100 Firm Berdon LLP as chief marketing officer.

PMB Helin Donovan LLP of Austin, Texas has merged in San Francisco-based BBR LLP.

Kansas Governor Sam Brownback declared Thursday, Jan. 17, Certified Public Accountant Education Day in honor of the Kansas Society of CPAs’ Educational Foundation’s 50th Anniversary.

Guilmartin, DiPiro & Sokolowski LLC of Middletown, Conn., and Hamden, Conn.-based Lipman & Co. PC have merged.

SingerLewak LLP has merged with the San Francisco-based firm, Acquavell, Chiarelli, Shuster, Berkower & Co. LLP.

The Center for Audit Quality and the American Accounting Association’s Auditing Section have teamed up on a program to give academic researchers improved access to auditors from six major firms to participate in research studies.

The Treasury Department and the Internal Revenue Service have issued a long-awaited set of final regulations implementing the information reporting and withholding tax provisions of the Foreign Account Tax Compliance Act aimed at combating offshore tax evasion, with far-reaching implications for U.S.-born taxpayers abroad, in addition to foreign financial institutions as well as U.S. banks.

Certain owners of Individual Retirement Arrangements have a limited time to make tax-free transfers to eligible charities and have them count for tax-year 2012, the Internal Revenue Service said Thursday.