The Latest

Hedge accounting software developer Reval has acquired FXpress Corp., a treasury software provider.

Management Information Systems has introduced version 4.0 of its MISys small business manufacturing software with a new shop floor control module that helps manufacturing businesses analyze production costs more accurately.

Accounting firm Anderson ZurMuehlen and software developer Forepoint have created a QuickBooks Conference Kit that allows CPA firms, QuickBooks ProAdvisors and others to host their own QuickBooks users conferences.

The Securities and Exchange Commission has charged Las Vegas accountant Michael J. Moore and his auditing firm Moore & Associates with issuing false auditing reports prepared by high school graduates who had little to no experience with accounting or auditing.

Yaeger CPA Review has announced a partnership with 360training.com to offer CPE online courses after CPA candidates pass their exams.

The Basel Committee on Banking Supervision, an influential group of international banking regulators, has released a set of guiding principles to help the International Accounting Standards Board set new standards for financial instruments to deal with the aftermath of the financial crisis.

A former IRS district director who worked for a company that promised to reduce the tax liabilities of home-based business owners has been sentenced to two years in prison.

The director of academic and career development at the American Institute of CPAs has received the President’s Award from Beta Alpha Psi, an honorary organization for accounting, financial and information systems’ students and professionals.

Grant Thornton is ramping up its plans to expand internationally with the upcoming promotion of the U.S. member firm’s CEO Ed Nusbaum to chief executive of Grant Thornton International on Jan. 1.

The First-Time Homebuyer Tax Credit that was part of the stimulus package may be giving a lift to the housing industry, but it’s also been having the unintended effect of stimulating some dishonest tax preparers and taxpayers to practice tax fraud.