The Latest

The Internal Revenue Service said Thursday that interest rates will decrease in the fourth quarter for tax underpayments and overpayments by a full percentage point.

IMGCAP(1)][IMGCAP(2)]By doing what they do best—taking care of their clients—international accounting firms may be exposing themselves to multiple tax claims on their own account.

Tim Zechman, CPA, has joined national accounting firm Grant Thornton LLP as a partner in the Audit Services Group in the St. Louis office.

The Public Company Accounting Oversight Board’s proposal to require mandatory rotation of auditing firms for publicly traded companies has already been drawing flak a day after it was released.

Karen Love, director of practice growth for Houston CPA firm Pannell Kerr Forster of Texas, was named one of 10 Women on the Move by professional organization Texas Executive Women.

Non-GAAP earnings numbers are better at predicting a company’s future earnings potential, but they are more subject to opportunistic manipulation and insider trading, a new study finds.

Accounting Transition Advisors, a consultancy specializing in accounting firm M&A and succession planning, has brought high-profile consultant Chris Frederiksen aboard as its West Coast partner.

Finance executives around the world are becoming increasingly worried about recruiting and retaining skilled accounting and finance employees, according to a new survey.

Cloud-based enterprise resource planning and customer relationship management software provider Acumatica has released the latest version of its flagship product.

Arizona accounting firm Price, Kong & Co. CPAs has combined forces with Bernard & Stallman P.C.