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More than half of global businesses are unaware of pending lease accounting changes that would virtually eliminate the use of off-balance sheet leases, according to a new survey by Grant Thornton.

IMGCAP(1)]Businesses with expansion plans, and especially those that might be franchised, inevitably face a critical decision that can greatly impact the future direction of the enterprise and its prospects for longer-term success. How should the business grow?

Financial Accounting Standards Board chair Leslie Seidman gave a cautious thumbs-up to the so-called “condorsement” approach to incorporation of International Financial Reporting Standards in the U.S., while defending FASB’s authority over private company accounting standards.

The National Association of State Boards of Accountancy has launched a new Web site, CPAverify.org, that provides a central database of state licensee information about CPAs practicing across the U.S.

A new study has identified a set of common attitudes and behaviors toward technology adoption that set apart highly successful accounting firms.

The Internal Revenue Service is facing challenges keeping ahead of financial services companies that create sophisticated financial derivatives and offer them as a way to evade tax liabilities.

The Internal Revenue Service is gearing up to handle the complex tax provisions of the health care reform law and has made significant progress so far in planning for the law’s implementation, according to a new government report.

Lewis & Knopf CPAs, a regional accounting and business advisory firm based in Flint, Mich., has merged in Fenton, Mich.-based Leroy G. Johnson, CPA, effective October 19.

Online accounts payable and receivable service Bill.com unveiled several product enhancements Monday, including new electronic billing and invoicing functionality, along with improved user interface features.

Dixon Hughes Goodman plans to merge in the accounting firm Swart Lalande & Associates in Fairfax, Va., effective November 1.