The Latest

Whether it’s from research reports, state and national CPA societies, or newly formed organizations, the bell of change is being tolled loud and clear…and often. So what’s with all the changemongering?

The Internal Revenue Service has been having more problems with delayed tax refunds.

Japanese authorities have arrested seven former Olympus executives and outside advisors as the accounting scandal at the camera and medical equipment maker took a dramatic turn.

The Financial Accounting Standards Board and the International Accounting Standards Board are planning to host a series of outreach meetings around the world on their latest proposals for changes in the standards for revenue recognition.

Just over 50 percent of Americans anticipate they will receive a refund on either their federal or state income tax return this year, according to a new survey, and of those 63 percent said they plan to save or invest at least part of the money.

The Internal Revenue Service is giving extra time to taxpayers who lived in some of the countries caught up in the “Arab Spring” upheavals in the Middle East.

Global accounting, taxation and business advisor association BKR International established a worldwide scholarship program to recognize the academic and career achievements of young accountants.

The Public Company Accounting Oversight Board has revoked the registration for a firm for failing to file an annual report or pay its annual fee for 2011 and ordered the firm to pay a $5,000 penalty.

Congress passed legislation Friday extending the payroll tax cut, unemployment benefits, and the “doc fix” for Medicare physician reimbursements through the remainder of the year.

The Governmental Accounting Standards Board has expanded and updated its guide to understanding local government financial statements, and plans to publish more taxpayer-oriented guides later this year.