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The Financial Accounting Standards Board has issued a proposed set of standards that aim to shed more light on the financial reports of organizations that participate in multi-employer pension plans and other post-retirement benefit plans.

Livingston, N.J.-based Wiss & Company is gearing up for their first Wiss Women’s Leadership Golf Classic to raise money for the firm’s Wiss Philanthropic Foundation, which funds accounting scholarships as well as provides donations for various charitable organizations.

IMGCAP(1)]Imagine you and a friend are having a good chat at the local coffee shop and mid-conversation he stands up and says, "Keep talking, I'm going just down the street." So you continue your discussion as he proceeds to walk three doors down and into his favorite pizzeria. You're still talking, but his ears are no longer within range.

The Financial Crisis Inquiry Commission has been digging into some of the root causes behind the near collapse of the economy in the fall of 2008, and one largely forgotten episode came into focus in Wednesday’s hearings.

Revenue inched up an average of just 1.4 percent at CPA firms around the country last year, in sharp contrast to previous years, as the recession hit the accounting industry with full force.

Small businesses won a record $96.8 billion in federal prime contracts in fiscal year 2009, an increase of more than $3 billion from fiscal year 2008, but still fell somewhat short of the federal government’s 23 percent goal for small business contracting.

Eighty-six percent of small business owners are concerned that the economy may experience a double-dip recession, according to a new survey.

A pair of employment reports indicated that small businesses cut back on their hiring last month.

Document management solutions provider Doc.It Corp has inked a partnership with Technology Services Corp. to deliver a set of document management technology and services to the U.S. accounting market, including workflow, portals, backup and implementation services.

The Tax & Accounting business of Thomson Reuters has released a new product that helps accountants and clients collaborate online, along with the latest version of its tax-provisioning software.