The Latest

Two of the standards-setting boards that operate under the auspices of the International Federation of Accountants have issued proposed revisions in their standards for assurance engagements other than audits or reviews, and in the area of public sector accounting.

LarsonAllen plans to combine with Florida CPA firm NCT Group in July, expanding the Minneapolis-based firm’s presence in the Sunshine State.

The Financial Accounting Standards Board has issued an Accounting Standards Update that would revise the rules for how companies can deal with repurchase agreements like the kind Lehman Brothers used to temporarily move billion of dollars of assets temporarily off its books before reporting its quarterly results.

The National Association of State Boards of Accountancy plans to celebrate the opening its new international call center in Guam with a ribbon-cutting ceremony next Friday.

Discount small business software provider Halfpricesoft.com has released an updated version of its payroll software ezPaycheck to address customers’ custom reporting needs.

The Texas Society of CPAs has issued an analysis of the Obama administration’s call for eliminating special tax breaks for domestic oil and gas production and come out firmly against any repeal.

The Internal Revenue Service has selected Prometric Inc. as the vendor to administer a new competency examination and fingerprinting program for certain paid tax return preparers.

Treasury Secretary Timothy Geithner blamed a “broken” tax system as one of the chief causes of the U.S. budget deficit.

Katherine Farrow has joined Albany-based CPA firm Teal, Becker & Chiaramonte CPAs PC as the firm's first marketing manager since it was founded in 1971.

Business professionals already have limited time to workout. When adding the variable of traveling into the mix, things only get more complicated.