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A federal court has denied a $473 million tax refund to Schering-Plough after the drug maker sought to avoid taxes on $690 million in profits it repatriated from offshore subsidiaries into the U.S. through some dubious transactions.

Accounting firm Crowe Horwath is responding to the wave of companies filing for Chapter 11 bankruptcy protection with a set of services to help them navigate the reorganization process.

Mantra Films, the company that produces the racy "Girls Gone Wild" video series, has filed suit against the company’s former CFO, accusing him of conspiring with two other former executives to embezzle millions of dollars.

The National Association of Enrolled Agents has named Michael Nelson as the organization’s new executive vice president.

Public Company Accounting Oversight Board member Charles Niemeier said he plans to leave the board in the near future.

Everyone, it seems, has a story about Twitter.