The Latest

Business consulting and internal audit firm Protiviti Inc said it has formed an advisory board to assist its clients with navigating the unstable economic and regulatory environment.

I’m working on our annual women in accounting feature and one question keeps popping up: why, in 2009 are we still discussing the lack of high ranking women in the profession?

Italian dairy food producer Parmalat said it intends to appeal after a judge granted summary judgment to Grant Thornton in a lawsuit against its former auditing firm for not doing enough to prevent the company’s collapse.

H&R Block subsidiary RSM McGladrey has terminated its service agreement with McGladrey & Pullen, two months after M&P also moved to terminate the agreement.

Imagine sitting at your desk awaiting a pithy proposalfrom one of your employees and instead, receiving a monstrous 1,000 pagedocument of which just one section read something like this:

There’s an interesting discussion brewing out in Internet-land regarding President Obama’s advice to high schoolers regarding their use of Facebook. His opinion? Be careful what you post because it may come back to haunt you. Is he right or a bit behind the times?

The Securities and Exchange Commission has levied a $3 million penalty against Charles Johnson Jr., the former CEO of PurchasePro, a now-defunct business-to-business online exchange company that was involved in an accounting fraud case with AOL.

The Tax & Accounting business of Thomson Reuters has donated its entire stock holdings in the American Institute of CPAs’ CPA2Biz subsidiary to the AICPA Foundation.

A man who had been barred five years ago from preparing tax returns and representing clients before the IRS was convicted of violating the injunction by continuing to do so.

New America Software has formally released its MultiTax software for download after about a year of beta testing with various tax preparation businesses.