The Latest

PricewaterhouseCoopers has acquired the assets of portfolio optimization software provider Folio Technologies, effectively acquiring the company.

The Internal Revenue Service outlined the standards Tuesday for becoming an IRS-approved continuing education provider and accrediting organization.

Senior-level CPA executives are planning to increase their spending next year, but lingering pessimism about the pace of the recovery means they remain reluctant to expand hiring.

Businesses, resellers and accounting firms continue to debate the benefits of selling or using true cloud, hosted, and on-premises accounting and ERP systems.

Intacct on Tuesday introduced Intacct Fall 2011, the latest release of its cloud-based financial management and accounting system, which includes a services resource planning system, new user interface, mobile and tablet support, and a new marketplace for partner applications.

Financial Accounting Standards Board chair Leslie Seidman advocated a cautious transition to International Financial Reporting Standards during a speech Tuesday in which she said the board should retain its control over U.S. GAAP.

The Internal Revenue Service has been doing a better job of auditing small corporations in recent years, according to a new government report, but potential quality concerns remain.

Last night, my wife Colleen and I made Ina Garten’s Beef Bourguignon for dinner. It’s a real classic that did not disappoint! With this and every recipe I tackle, I have a few choices.

IMGCAP(1)]Many of us on the Blue Ribbon Panel on Standard Setting for Private Companies believed we were on the verge of an historic change that would have relieved millions of private companies of accounting standards geared more to the needs of public companies and their financial statement users.

The Securities and Exchange Commission will delay its eagerly anticipated decision for a few more months on whether or not to incorporate International Financial Reporting Standards into the U.S. financial reporting system.