The Latest

The Public Company Accounting Oversight Board has agreed to cooperate with Israeli financial regulators on exchanging confidential information about auditing and accounting firms.

The Internal Revenue Service increased the number of fraudulent tax refund claims it detected and stopped during the 2011 tax-filing season by 171 percent over the previous year.

A federal judge has ruled against H&R Block to prevent the tax prep giant from moving forward with its $287.5 million acquisition of 2SS Holdings, whose 2nd Story Software unit develops TaxAct software, after the Justice Department objected to the deal.

BDO USA has added the six partners and more than 60 staff members of the San Antonio-based accounting firm Carneiro, Chumney & Co., effectively merging in the firm and expanding BDO’s presence in Texas.

Sage North America is preparing the release of Sage ERP MAS 90 Online, a Sage-hosted version of its MAS 90 and 200 products, allowing channel partners to earn 25 percent margins on the subscription revenue for providing support, training and other services.

FASB ISSUES MULTI-EMPLOYER PENSION PLAN STANDARD

Organizations of all types and sizes need to leverage their investment in financial controls and regulatory compliance to develop new strategies that manage the other risks that could affect strategic goals and objectives.

That elusive "social media presence" is something accounting firms, journalists and, surprisingly, even your Aunt Karen can be a little flummoxed by.

In this Generational Viewpoints article, we asked members of Green Hasson Janks (www.greenhassonjanks.com), a Los Angeles-based accounting firm with approximately 100 employees, to share their perspective on the importance of visioning. Generation Y accounting and audit manager David Sternberg, born in 1983, and Generation X partner Warren Shulman, born in 1966, replied to the following question:

Does your firm have the right IT leader?