The Latest

Educator and personal financial services pioneer Charles A. Moran, CFP, has been appointed as the new chair of the board of directors of the Certified Financial Planner Board of Standards Inc.

The Securities and Exchange Commission charged Charles Schwab Investment Management and Charles Schwab & Co., Inc. on Tuesday with making misleading statements regarding the Schwab YieldPlus Fund and failing to establish, maintain and enforce policies and procedures to prevent the misuse of material, nonpublic information.

The AICPA has posted a sample client letter that accountants and tax practitioners can download, personalize and use to inform their clients about how the legislation extending the Bush-era tax cuts could affect them.

NetSuite has joined forces with Visa-owned payment management company CyperSource to enable companies using NetSuite to minimize fraud and streamline order processing through enhanced automated screening.

Karen Love, director of practice growth at Pannell Kerr Forster of Texas, P.C., was named one of Houston’s 50 Most Influential Women of 2010 by Houston Woman magazine.

The Securities and Exchange Commission has disciplined a New York-area CPA for violating an earlier order and assisting in audits, reviews and other accounting work for three publicly traded companies.

Public accounting firm Morrison, Brown, Argiz & Farra LLC combined Tuesday with ERE LLP to create MBAF-ERE CPAs LLC, a division of MBAF.

Janet Bernier has joined Marcum LLP as a principal and partner-in-charge of the New York City Tax and Business Services Division.

The American Institute of CPAs has given its inaugural Personal Financial Planning Lifetime Achievement Award to Stanley H. Breitbard for his practice area development and work improving national financial literacy.

IMGCAP(1)]If you believe the words of salesmen peddling financial software for the last 25 years, it may come as a surprise that more than 70 percent of companies rely on spreadsheets to support their business-critical financial reporting, according to a 2009 study by Deloitte.