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The American Institute of CPAs has launched a competition for college students to improve the sustainability practices in businesses.

A bill providing $12 billion in tax breaks and a $30 billion lending fund for small businesses passed a key hurdle in the Senate on Tuesday when two Republican lawmakers voted to join Democrats to cut off debate.

The Senate was unable to produce enough votes to end debate on two amendments that would have repealed or scaled back the expanded 1099 reporting requirements for businesses in the health care reform bill.

The Obama administration has re-launched its National Financial Capability Challenge for high school students to mark the back-to-school season.

Finance hiring is expected to increase slightly in the fourth quarter, according to a new survey.

We asked candidates for our Top 100 Most InfluentialPeople in Accounting the following question:

IMGCAP(1)] "The firm that pays me", you say. While I would not argue with that obvious truth, take a moment to look more deeply into the question, and consider a different possibility. What if who you worked for was first and foremost, yourself? Lots of people want to have their business, so what would happen if you took the view that you were an entrepreneur in your own career?

IMGCAP(1)]Today, businesses face an increasingly daunting range of challenges, most of which are exacerbating the high cost of operation.

A spokesman for Senate Minority Leader Mitch McConnell, R-Ken., said Senate Republicans are uniformly opposed to letting the Bush tax cuts expire for even the wealthiest taxpayers.

The American Bankers Association is pointing to comment letters filed by the Big Four accounting firms and Grant Thornton expressing opposition to the Financial Accounting Standards Board’s proposals to force banks to report their loans at fair value.