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As the effects of the financial crisis and an uncertain economy continue to create volatility in the markets, the International Auditing and Assurance Standards Board has reiterated its position that auditors and those charged with corporate governance that management's use of the going concern assumption is a matter to be considered on every audit engagement.
December 29 -
IMGCAP(1)][IMGCAP(2)]Valuation, by its very nature, is an exercise in judgment.
December 28 -
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New York Yankees co-owner and managing partner Harold "Hal" Steinbrenner is being sued by the Justice Department over a $670,494 tax refund he received in 2009.
December 28 -
CPAmerica International, an association of more than 80 CPA firm, has unveiled a series of organizational changes and expanded member services teams.
December 28 -
The IRS has issued new temporary taxpayer guidelines in the Federal Register to help clarify the difference between a business expense that is classified as a repair and therefore tax deductible and a capital improvement.
December 28 -
Payroll and benefits outsourcing provider Paychex has released its "Top 12 in '12," a checklist containing the top 12 potential regulatory changes that America's small and midsized businesses should know about in 2012.
December 28 -
Washington, D.C. - The Internal Revenue Service announced the selection of seven new members to the Internal Revenue Service Advisory Council, which provides an organized public forum for IRS officials and representatives of the public to discuss key tax administration issues.
December 28 -
MNP, one of Canada's largest chartered accounting firms, will expand its presence in Manitoba by merging with Hemenway Silver, effective February 1.
December 28 -
Everything thats being done manually in your office or when you work remotely needs to be given a good hard look.
December 28