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IMGCAP(1)] Minneapolis-based Froehling Anderson was recognized with the Gold Wellness by Design Worksite Award, the highest honor granted by Hennepin County.

An overwhelming majority of senior financial executives say their tax department’s top priority is not tax savings or their effective rate, but timely and accurate tax return and financial reporting, according to a national survey of CFOs and senior comptrollers conducted by Grant Thornton LLP.

The Motor City’s former mayor, Kwame Kilpatrick, has been indicted by a federal grand jury on 19 counts of fraud and tax evasion.

The median fraud loss for U.S. organizations is $105,000, according to a new study, with billing and corruption schemes the most common types of fraud reported.

Moss Adams plans to acquire Grant Thornton’s Albuquerque practice on July 31, 2010, after Grant Thornton’s senior leadership decided to exit the New Mexico market.

Senate Democrats have introduced the latest version of their mammoth tax extenders and unemployment benefits extension legislation, further modifying provisions such as the taxation of carried interest of hedge fund managers and private equity firm partners and reducing the cost to under $110 billion in part by scaling back Medicaid aid to states.

The Financial Accounting Standards Board and the International Accounting Standards Board have jointly published a draft standard to improve and align the financial reporting of revenue from contracts with customers and the related costs.

The Supreme Court has found flaws in the conviction of former Enron CEO Jeffrey Skilling on the basis of the “honest services” statute, and remanded the case back to a lower court to address them.

Public companies paid an average of $4.8 million in total audit fees in fiscal year 2009, according to a survey by Financial Executives International, with the average public company’s audit fees decreasing 2.4 percent from the prior year.

It’s hard to keep a crowd hungry for networking focused on listening during a lunch panel, but Tuesday’s session at the Association for Accounting Marketing Summit fed marketers some useful perspectives, trends and predictions about the accounting profession.