The Latest

Mingyan "Michelle" Chen, CPA, CFA, has rejoined the New York Metro financial services tax practice of KPMG LLP as a tax partner with the Alternative Investment Funds team.

The International Accounting Education Standards Board has proposed a set of clarified standards and revisions governing the practical experience requirements for aspiring professional accountants.

JULY

The unemployment rate climbed a tenth of a percentage point to 9.2 percent after employers added only 18,000 jobs in June, the lowest level in nine months.

BKD has acquired Parrish, Moody & Fikes, expanding the firm’s presence in Texas, particularly with health care clients.

Donna Cunningham, the chief administrative officer at Midwest tax and business advisory firm Stone Carlie & Company, was named Woman of the Year for 2011-12 by the National Association of Professional Women.

The New York State Department of Taxation and Finance has been encouraging small businesses in Amish communities to file their taxes electronically, but that’s a problem since the Amish in some of the small upstate communities don’t use electricity, computers or phones.

IMGCAP(1)]Equity compensation is more of a minefield than it once was.

The Securities and Exchange Commission held a roundtable discussion Thursday on International Financial Reporting Standards and how they ultimately might be incorporated into the U.S. financial reporting system.