The Latest

A former Arab American employee of PricewaterhouseCoopers has filed suit against the firm, claiming he was terminated after he told an internal newsletter that he thought “there is room for improvement” in PwC’s diversity practices.

The International Federation of Accountants’ Small and Medium Practices Committee has updated its Guide to Quality Control for Small- and Medium-Sized Practices.

Templeton Solutions has introduced a cloud-based practice management system for CPA firms built on top of Microsoft Dynamics CRM 2011.

CPE Link has added new features to its Firm CPE Center online software to better manage staff registrations for continuing professional education courses at accounting firms.

Undercover investigators from the Treasury Department posing as taxpayers who needed customer service from the Internal Revenue Service were kept waiting for up to four hours in IRS offices and in some cases told to come back another day.

Monika P. Miles, CPA, has been elected president of the American Society of Women Accountants for 2011-2012

IMGCAP(1)]Accountants handle sensitive client information on a daily basis.

Former Rhode Island Auditor General Ernie Almonte opened the inaugural American Institute of CPAs’ E.D.G.E. Conference in New Orleans today with a talk on leadership that deemphasized individual accomplishment.

The Treasury Department’s Office of Tax Analysis has released a paper that considers changing the way to identify small businesses and their owners, along with their tax characteristics.

The Financial Accounting Standards Board has approved an updated accounting standard to simplify how an entity should test goodwill for impairment.