The Latest

Montreal-based Richter, formerly RSM Richter Chamberland, merged with Toronto-based SBLR LLP Chartered Accountants.

The International Federation of Accountants has released a revised version of its Statements of Membership Obligations, which serve as a framework for the professional accounting organizations that make up its membership, and are the basis of the IFAC Member Body Compliance Program.

The Financial Accounting Standards Board and the Center for Audit Quality issued a summary Wednesday of observations from two forums on disclosure effectiveness.

Microsoft Dynamics NAV and Serenic reseller AVF Consulting is spinning off its software development division ChargeLogic as the firm plans to predominantly focus on serving the nonprofit sector going forward.

The Small Business Services division of payroll provider ADP has created a series of tips for small-businesses and their accountants to help smooth the year-end.

Carr, Riggs & Ingram LLC welcomes five new partners: Hardy Foreman, Kathleen Hausenfluck, Amy Hightower, James Norris and Rodney Thornton.

President Barack Obama reduced his demand for tax increases to $1.4 trillion from $1.6 trillion as he and House Speaker John Boehner traded another round of offers and inched toward a budget agreement.

Billionaire investors Warren Buffett and George Soros are calling on Congress to increase the estate tax as lawmakers near a decision on tax policies that expire Dec. 31.

Former U.S. Congressman Wester Cooley was sentenced to a year and a day in prison following his guilty plea last year to hiding $494,000 in income from the Internal Revenue Service.

Things got hairy for 18 members of Irvine, Calif.-based accounting firm White Nelson Diehl Evans who raised $1,521 to fight prostate and testicular cancer by growing mustaches in support of the annual “Movember” fundraiser.