The Latest

The Center for Audit Quality and the Council of Institutional Investors are protesting two proposed amendments to the financial regulatory reform bill that would exempt smaller public companies from compliance with Sarbanes-Oxley Section 404(b) audits of their internal controls.

Senate Finance Committee Chairman Max Baucus, D-Mont., and House Ways and Means Committee Chairman Sander Levin, D-Mich., have introduced legislation that would extend unemployment insurance and the 65 percent COBRA health insurance subsidy for the unemployed through the end of the year, as well as many expiring tax breaks.

Weaknesses in the Internal Revenue Service’s employment tax compliance program could cost the U.S. Treasury $131 million in Social Security and Medicare taxes over the next five years, according to a new report.

Next Generation Consulting and WorldatWork have released a new research report addressing the importance of customizing rewards packages – and not treating employees the same.

IMGCAP(1)]Last month, the AICPA issued a set of standards that CPAs who do assurance engagements at service companies should examine carefully.

BookKeeping Express, a bookkeeping franchise that targets small businesses, is now offering its outsourced support services to accounting firms and their small business clients.

The majority of leaders at Fortune 1000 corporations support many financial regulatory reforms, according to a new survey, but balk at executive pay limitations and shareholder votes on executive compensation.

Web site developer Emochila Inc. has released AppMan, a set of online small-business tools to help accountants and CPAs with client maintenance, marketing and business efficiency.

The Internal Revenue Service has mostly overcome past problems in following legal and internal guidelines when conducting seizures of taxpayers’ property, but it failed to comply with the legal requirements in at least some instances, according to a new report.

In its continued efforts to recruit resellers of competing accounting and enterprise resource planning systems, NetSuite took the time to show up at Insights, Sage North America's reseller conference.