The Latest

The CFA Institute expressed its support for Financial Accounting Standards Board Chairman Robert Herz’s statements on the need to “decouple” accounting standard-setting from bank regulation.

McGladrey & Pullen and H&R Block subsidiary RSM McGladrey are expected to announce a deal as soon as tomorrow resolving the lawsuit over their terminated services agreement.

Ohio’s CPAs are delaying their earlier prediction for when a sustainable U.S. economic recovery will begin, according to a new poll by the Ohio Society of CPAs.

Texas accounting firm MaloneBailey has named Wesley Middleton as its managing partner to pave the way for market expansion, with founder John Malone taking the role of SEC practice leader.

IMGCAP(1)] Stories like this make our day.

The Public Company Accounting Oversight Board is facing an uncertain future after several justices on the high court appeared to side with the accounting firm and conservative group that hope to prove the board is unconstitutional.

Baywatch star Pamela Anderson is facing a pair of tax liens from both the Internal Revenue Service and the state of California.

Over two-thirds of companies have recognized an impairment of goodwill, according to a recent study by Financial Executives International’s Financial Executives Research Foundation and Duff & Phelps.

President Obama described a series of proposals aimed at encouraging companies to add more jobs, including tax cuts for small businesses.

The Securities and Exchange Commission has charged three former top officers of New Century Financial Corp. with securities fraud for misleading investors as the company’s subprime mortgage business was collapsing in 2006.