The Latest

The accounting profession’s largest U.S. firms believe they are perceived by clients as technologically advanced, according to the preliminary results of a new study.

The Institute of Internal Auditors has formed the IPPF Oversight Council, a multi-organizational group that will monitor the process for developing guidance within the International Professional Practices Framework.

IMGCAP(1)] It’s an accepted fact of life that we’re all very busy, especially a working professional who wants to succeed. But what exactly are you busy doing? I don’t mean what specifically are you doing, I’m sure you could answer that. What I really wonder is, have you taken the time to define where you’re headed, what you’re hoping to accomplish? Are you doing those things that will help you get there? I’d like to share a story with you about a group of accountants who answered these two questions, and the results they experienced.

The trend toward energy efficient building construction is saving on not only energy costs, but also on taxes for building owners and developers.

Warren Buffett said that wealthy people should be paying “a lot more” money in taxes, and that the Bush tax cuts should expire for “people at the high end.”

Wolters Kluwer Law & Business has introduced a QuickCharts tool that helps professionals keep up to date with new rule-making and regulations that arise from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

Lewis, Hooper & Dick LLC has promoted two CPAs on its staff: Shannon Euliss and Kristin Sekavec.

Document management software provider Doc.It has released Doc.It Suite 3.4, which features enhancements geared toward the upcoming tax season.

The Senate has approved funding for a $3.4 billion settlement in a long-running dispute involving the mismanagement of Indian Trust lands and the federal government’s failure to provide a regular accounting for the beneficiary trust funds and assets.

Micro Focus, a company that provides software for modernizing enterprise applications, has been awarded a contract by the Internal Revenue Service.