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Steven R. Stanforth has joined Ohio accounting firm Brady Ware as chief operating and financial officer.

Leaders of the Financial Accounting Standards Board and the International Accounting Standards Board said Thursday they have pushed back their work on the handful of “priority” projects they had committed to complete this year.

The California University of Pennsylvania College of Liberal Arts bestowed their 2011 Outstanding Alumnus Award on Thomas L. Bakaitus, Jr., chief operation officer at Pennsylvania regional CPA firm Herbein + Company.

The passing rate for the CPA exam in the first quarter of this year sunk to its lowest level in three years, according to the latest figures.

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Small business owners reported an increase in hiring, but a decrease in optimism last month, according to a new survey by the National Federation of Independent Business.

The National Association for the Self-Employed advised small business owners who have put off doing their tax returns not to panic.

The House Ways and Means Committee held a hearing Wednesday on how the Tax Code’s burdens on individuals demonstrate the need for comprehensive tax reform.

President Obama outlined his plan for reducing the budget deficit by $4 trillion in the next 12 years during a speech Wednesday in which he said taxes would need to be raised on the wealthy and itemized deductions limited.

Greatland Corporation subsidiary Nelco has launched a new Web Reporting Center as part of an enhanced set of tools for developers of accounting and payroll software.