The Latest

  • SaaS ERP software provider Acumatica has released version 3.0 of its flagship product, which contains project accounting, automated inter-company transfers, and several features requested by hundreds of customers.

    March 22
  • Imposing a minimum tax on millionaires to ensure they don’t pay a lower tax rate than their secretaries under the so-called “Buffett Rule” promoted by President Obama would not raise enough revenue to replace the alternative minimum tax, according to a new congressional study.

    March 22
  • Rep. Charles Rangel, D-N.Y., has introduced a bill aimed at extending tax relief to Americans in danger of losing their homes.

    March 22
  • As companies continue to experience an increase in the frequency of tax-related audits, due to sales and use tax complexity, new levels of enforcement and other factors, they are experiencing a corresponding impact on the efficiency of their tax departments.

    March 22
  • M&A

    The Tax & Accounting business of Thomson Reuters has acquired BizActions, expanding the company’s marketing services.

    March 22
  • The Public Company Accounting Oversight Board heard testimony from a series of high-profile auditing experts on the advantages and disadvantages of requiring companies to rotate their auditing firms on a regular basis.

    March 22
  • The Financial Accounting Standards Board has added a new item to its agenda to revise the accounting standards for repurchase agreements in response to the problems that led to the collapse of MF Global.

    March 21
  • The International Federation of Accountants has published a paper calling for enhanced financial management transparency and accountability in the public sector, especially in the midst of the sovereign debt crisis.

    March 21
  • The Financial Accounting Foundation has published a learning guide for the FASB Accounting Standards Codification system to help accountants learn their way around the relatively recent system for organizing U.S. GAAP standards.

    March 21
  • This month, I celebrated the one year anniversary of being in business for myself. As I reflected on the year and had some conversations with some trusted people I know, one topic kept coming up: being busy.

    March 21