The Latest

Buyers who skip evaluating IT systems of a target company may be making a very expensive mistake, according to accounting and consulting firm Crowe Horwath.

BlumShapiro has merged in accounting, tax and business consulting firm Needel, Welch & Stone, expanding the firm’s presence in Massachusetts.

Two months after penetrating the Pacific Northwest region by acquiring LeMaster Daniels, CPA and business advisory firm LarsonAllen acquired Kennewick, Wash.-based Hansen NvO, effective immediately.

January always brings a renewed sense of tackling what we didn’t quite get to the year before. Many of us even set goals, all aimed at changing behavior or accomplishing something big. In the spirit of the new year, I am challenging all CPAs to pick two marketing New Year’s resolutions. To get you started, I have listed 11 ideas below.

IMGCAP(1)]The current recession continues to linger, despite what the economists say, and though modest improvements are being seen, a return to healthy growth rates and profit increases is nowhere in sight.

The Financial Accounting Standards Board and the International Accounting Standards Board have agreed at last on a joint approach to how to account for credit losses, a key issue that has been holding up their convergence efforts on financial instruments standards.

The International Auditing and Assurance Standards Board has released a set of proposals to address the growing need for robust international standards for services that can be used by entities that are either not required or do not elect to be audited.

To combat rising higher-education costs, United Kingdom accounting students could soon take advantage of a full ride in tuition fees, along with a starting salary of £20,000 (approximately $31,750)—if they commit to a minimum of six years work at KPMG in the U.K.

All taxpayers can now e-file a federal return for free with TaxACT, an online service from 2nd Story Software that files returns to the IRS allowing for refunds in as few as eight days with direct deposit.

The Internal Revenue Service opened its 21st season of electronic filing Friday with a reminder to taxpayers that e-file remains the best way to get fast refunds and ensure accurate tax returns, particularly following several tax law changes in December.