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Oldwick, N.J. - A new report from global rating agencyA.M. Best said that the mark-to-market guidance recently adopted by theFinancial Accounting Standards Board would not impact the balance sheets ofinsurance companies despite claims to the contrary by the those in the capitalmarkets sector.

What can we expect from IRS Commissioner Douglas Shulman’s proposal to set higher standards of conduct for tax preparers?

What do this year’s graduates think about the future? You’d be surprised.

Washington D.C. - As 10 financial institutions were giventhe green light to repay nearly $70 billion in TARP funds, the Congressional Oversight Panel urgedthat banks undergo another round of "stress test" examinations.

Host Analytics has introduced version 9.0 of its Web-based corporate performance management software, along with a discounted “team edition” that focuses on consolidations for midsized companies.

Former attorney and CPA Steven Krell has pleaded guilty to a tax charge in connection with the embezzlement of approximately $1,476,900 from two of his clients.

The board of the International Federation of Accountants decided at a meeting last week to hold a G-20 Accountancy Summit next month to get the perspectives of various accountancy institutes on how the profession can best contribute to strengthening the global financial system.

I have a friend with an accounting degree and a law degree whocomplained about the length and complexity of the annual reports,including those of General Electric (108 pages), Citigroup (242 pages),Warner Music Group (142 pages), Pfizer (170 pages) and Bank of America(192 pages).

Accounting Today is seeking nominations for its "Killer VARs" issue in August.

The Treasury Department’s Inspector General for Tax Administration found errors and legal violations in nearly half the IRS taxpayer property seizures it studied for a new report.