The Latest

Billionaire investor Warren Buffett has revived his calls for increased taxes on the wealthy in the op-ed pages of The New York Times.

The Financial Accounting Standards Board has issued a proposed Accounting Standards Update aimed at clarifying the scope of transactions that would be subject to disclosures about offsetting of assets and liabilities on the balance sheet.

Stephen F. Schink CPA and Barone, Howard & Co. CPAs have agreed to merge and will take effect on New Years Day.

A new White House report from the President’s Council of Economic Advisers predicts that allowing tax rates for the middle class to rise and failing to patch the alternative minimum tax would have a negative impact on consumer spending and retailers alike.

Mary L. Schapiro, who has led the Securities and Exchange Commission for four years, said Monday that she plans to step down from her post on Dec. 14, 2012.

Lattimore Black Morgan & Cain PC gave five staff members the role of partner.

Mike Lynch, who founded the British software company accused by Hewlett-Packard Co. of falsifying finances, said that while he may have used some of the contested accounting and sales methods, they were all legal.

A meeting with your client isn’t what it used to be—at least in terms of how you meet.

We are obviously fans of creating a strong content marketing strategy for professional services firms.

In its inaugural edition, this new annual report highlights 10 outstanding accounting firm leaders.