The Latest

Accounting firm Macias Gini & O’Connell has rebranded itself as simply MGO and adopted the slogan, “Proud to Be Boring Accountants.”

Fitch Ratings has issued a report on the Financial Accounting Standards Board’s recently unveiled proposal requiring most financial instruments, including loans, to be measured on the balance sheet at fair value.

The Securities and Exchange Commission has filed settlements for its claims against two former Lucent Technologies executives accused of playing a role in the telecommunications company’s accounting fraud.

Senate Majority Leader Harry Reid, D-Nev., has introduced an amendment to the tax extenders bill that would extend the transaction closing date for the First-Time Homebuyer Credit from June 30 to Sept. 30.

NetSuite Inc. has launched a product to help businesses automate the complex process of complying with new rules from the Financial Accounting Standards Board for revenue recognition of multi-element sales.

IMGCAP(1)] Going into my freshman year at Roger Williams University, I knew the academics would be a somewhat leap from my high school years. First off, I was an accounting major who knew nothing about business.

IMGCAP(1)]Telecommunication expenses are one of the top five expense items for most organizations. However, it is also a category of spending that is poorly understood and often mismanaged. Now more than ever, it is vital that accountants and tax professionals gain more visibility into telecom spending to help organizations save money and improve business processes.

Movie and television companies are worried about New Jersey eliminating tax breaks that have helped defray the cost of filming shows like “The Sopranos” in the Garden State.

Copanion’s GruntWorx Populate paperless tax workflow application now integrates with CCH’s ProSystem fx Tax and Thomson Reuters Tax & Accounting’s UltraTax CS.

Accounting and consulting firm Rehmann has signed a memorandum of understanding to acquire Veritas Global LLC, a firm that provides corporate investigative services and business intelligence.