The Latest

Seventy-one percent of small business owners still believe the U.S. economy is in a recession, according to a new survey.

The Financial Accounting Foundation has issued its final report on establishing a new Private Company Council that will have the ability to recommend changes in accounting standards for privately held companies.

A company that hopes to establish an online marketplace for trading tax credits said Wednesday that it has closed a seed funding round of more than $350,000 to develop the technology.

The New York State Society of CPAs’ Foundation for Accounting Education announced it will hold its annual Young CPA Conference July 15-17 in Verona, N.Y.

The Center for Audit Quality has selected five new academic research proposals for funding.

A man who claimed to be the governor of Alabama in its “original jurisdiction” has been sentenced to 10 years in federal prison for tax fraud.

The Internal Revenue Service is asking for public comments on whether it needs to change its guidance on the use of smart cards, debit cards, credit cards and other electronic media to provide pretax transportation fringe benefits.

Leonard D. Weitz, CPA, 63, managing partner of Mann Weitz & Associates in Deerfield, Ill., died Monday.

The Dewey & LeBoeuf bankruptcy is shaping up to be the largest law firm bankruptcy in U.S. history and could provide a cautionary tale for accounting firm mergers.

A list of the entry-level finance and accounting positions that are most in demand in accounting and finance, whether as an essential function for all corporations, or as a growth area due to regulatory reform.