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Fifty-four percent of American CFOs and controllers do not foresee any change to the health of the economy in the next six months, according to a new survey by Grant Thornton.

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The Internal Revenue Service is warning tax professionals that starting October 1, it will no longer accept paper-based applications to become electronic filing providers.

In January 1999, a trust set up by Mitt Romney for his children and grandchildren reaped a 1,000 percent return on the sale of shares in Internet advertising firm DoubleClick Inc.

Edward Reitmeyer has joined the Philadelphia office of CBIZ MHM, LLC where he will serve as managing director and head the Real Estate Advisory Services Group.

A new report from a Treasury watchdog revealed that federal agencies owe approximately $14 million in unpaid taxes.

Sir David Tweedie, the former chairman of the International Accounting Standards Board, has been appointed chairman of the Board of Trustees of the International Valuation Standards Council.

Americans are losing faith in their ability to invest, according to a new study from Hearts & Wallets, a retirement and savings research firm. The study found that more than four in 10 investors (41%) view themselves as "very inexperienced" with investing, up from 27% last year.

(Bloomberg) Camera and medical equipment maker Olympus Corp.’s former chairman Tsuyoshi Kikukawa pleaded guilty to covering up losses at the Japanese camera maker in an accounting fraud case that sparked criticism of ineffective corporate governance in Japan.