The Latest

Economic confidence among America’s small-business owners was steady in December as fewer of them believe the U.S. economy is getting worse compared to November, according to a new survey.

The Financial Accounting Standards Board has issued a proposed accounting standards update on its subsequent events standards, amending certain recognition and disclosure requirements to avoid a conflict with the SEC.

Tax revenue for state and local governments fell 6.7 percent in the third quarter, according to the U.S. Census Bureau, marking the fourth consecutive quarter of negative growth.

Southeast regional accounting firm Watkins Meegan is expanding its Annapolis, Md., office by adding several accounting, tax and business consulting experts from Annapolis-based Sturn Wagner Lombardo & Co.

Overstock.com has engaged KPMG as its new outside auditor, but not without a parting shot at its previous auditing firm, Grant Thornton.

BDO Academy, a new educational and mentoring initiative intended to get Grand Rapids students jazzed up about accounting, has been launched in conjunction with the firm’s 90th anniversary of its founding BDO Seidman office.

Everybody has to have a Top 10 list around the New Year, and looking back over the past year, we found that WebCPA readers clicked the most on stories about taxes and accounting firm rankings.

Banks using some auditing firms took larger write-downs than others, according to a new analysis, and that once again raises the question of just how fair fair value accounting really is.

The Federal Trade Commission has issued a report that examines more effective ways to protect consumers from fraudulent financial schemes.

The American College, an educational institution devoted to financial services classes, has created a $500,000 scholarship fund to offer financial aid to veterans.