The Latest

Universal Business Computing Company has added an anti-fraud forensic feature to its payroll software that tracks the history of changes made to employee maintenance.

Rep. Joe Donnelly, D-Ind., has introduced a bill to lessen the heavy penalties imposed by the Internal Revenue Service on taxpayers who use so-called “listed” tax shelter transactions.

A survey of financial executives revealed that a growing number of them did not receive a salary increase last year, but the overwhelming majority did get a bonus despite the gloomy economy.

Less than half the CFOs polled in a recent survey by Grant Thornton were aware of the Financial Accounting Standards Board’s Accounting Standards Codification project, which is set to become the authoritative source of U.S. GAAP on July 1.

A tax preparer couple has been arrested for filing false tax returns and diverting their clients’ refund money to their own bank accounts.

When Air Force One flew over the New York Harbor for a publicity photo earlier this week, the people in the buildings surrounding ours in downtown New York started evacuating.

It seems almost obligatory to write a story about the 100th day of the Obama administration, but when you’re in the news business, you ignore these kinds of artificial milestones at your own peril.

CPA Exam Results Are In

Every other spring, members of the Council of the American Institute of CPAs gather by state delegation in the nation’s capital to talk with legislators about pertinent issues within the accounting profession.

Ernst & Young has alerted its staff that one of its New York City employees is suffering from swine flu, although the firm later seemed uncertain of the diagnosis.