The Latest

The Financial Accounting Foundation’s board of trustees has appointed David Sundstrom, auditor-controller for Orange County, Calif., to the Governmental Accounting Standards Board.

The IRS offered guidance to businesses that plan to claim a newly expanded work opportunity tax credit for eligible unemployed veterans and unskilled younger workers.

Thomson Reuters’ Tax & Accounting business plans to begin offering its Financial Analysis CS software free of charge to accounting firms starting June 1.

Even if jobs are available to recent accounting grads, just holding a diploma might not be enough.

Proposed contract-based standards for revenue recognition are attracting some support, but also raising questions, according to a new survey.

Robert Bertucelli, a CPA in Ronkonkoma, N.Y., is merging his CPA practice into Satty Levine & Ciacco, a firm based in nearby Jericho, N.Y.

The Financial Accounting Standards Board has released FASB Statement No. 165, “Subsequent Events,” setting standards for the disclosure of events that occur after the balance-sheet date, but before financial statements are issued or are available to be issued.

Prophix Software, a provider of forecasting and financial analysis applications, has rolled out Financial Controller, a module that streamlines the financial consolidation and closing cycle processes.

When contracts run out on cell phones, doesn’t everyone opt for a newer one?

Abak Software has released version 7.0 of its Abak time, billing and project management software.