The Latest

The Internal Revenue Service said Thursday that a supporting attachment for research and development costs is no longer required for some of its forms.

ARC Logics, a Wolters Kluwer business, has released version 10 of its CCH TeamMate internal auditing software, designed to help internal auditors manage each step of the audit process more efficiently.

The Financial Accounting Standards Board intends to host a pair of public roundtable meetings in the fall to discuss issues related to private company accounting and reporting standards.

Regional CPA firm SS&G raised more than $26,000 June 21 for its 14th Annual memorial Golf Classic benefiting the Cleveland and Greater East Ohio Area chapters of the Alzheimer’s Association.

The International Accounting Standards Board has proposed delaying by two years the mandatory effective date for its IFRS 9 standards for financial instruments, postponing them from Jan. 1, 2013 to Jan. 1, 2015.

SAP released the latest set of features Thursday in SAP Business ByDesign, the German company’s Software-as-a-Service enterprise resource planning product.

The average fee for preparing an itemized federal and state individual tax return was $233 during the 2011 tax season, only a 1.7 percent increase over 2009.

IMGCAP(1)]Remember the fall of Enron? What about Tyco International, Adelphia and WorldCom?

CPAs sometimes need to struggle with ethical dilemmas when their clients bring messy problems to their door.

A former UBS banker who is currently an independent asset manager has been accused of helping U.S. taxpayers use secret Swiss bank accounts to evade income taxes.