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Accounting Today presents the 2008 edition of the Top 100 Most Influential People in the accounting and tax professions.

David Friehling, the CPA who acted as Bernie Madoff's accountant for 17 years, has waived his right to a grand jury, signaling that he is likely to plead guilty soon.

More and more people are tweeting these days and now the North Carolina Young CPAs have currently joined the ranks.

Accounting firms of all sizes need to be absolutely certain that they can retrieve and protect sensitive customer information, and be back up and running quickly in the event of an unforeseen business interruption or even a major disaster.

The Senate has voted unanimously to reauthorize the Small Business Innovation Research and Small Business Technology Transfer programs for eight more years and make several changes to the programs that provide monetary awards to small businesses.

Optimism among small business owners about the economy fell last month, according to a new survey.

CIT Group is moving nearer a deal to get help from the Treasury and the FDIC as the firm struggles with a cash crunch that threatens to choke off credit to small businesses.

The Public Company Accounting Oversight Board has released reports on the audit deficiencies that its inspectors found last year at BDO Seidman and Grant Thornton.

BNA has acquired the training seminar and conference businesses of the Council for International Tax Education, Atlas Information Group and the Structured Finance Institute.

The International Accounting Standards Board has proposed changing the accounting standards for measuring and classifying financial instruments in response to concerns raised by the financial crisis.