The Latest

A large majority of CFOs and senior controllers intend to take advantage of the bonus depreciation provision included in the economic stimulus bill, according to a survey by Grant Thornton.

A coalition of three prominent financial planning trade associations called for legislation to create a national organization to oversee the financial planning profession but prevent the Financial Industry Regulatory Authority from acting in that capacity.

CPA firm Steinberg Advisors is merging with another Chicago-area firm, Robinson, Reinglass & Panos, expanding Steinberg’s client base in the health care market.

What are the ingredients to a successful career? Depending on who you are, the recipe may differ. But here are some career tips for the up and coming accountant:

Barry Melancon, president and chief executive of the American Institute of CPAs, welcomed more than 350 AICPA Council members to the nation’s capital and told the state delegations to get ready to meet with legislators on pressing issues in the profession.

Swiss President Hans-Rudolf Merz told a news conference that he had talked with U.S. Treasury Secretary Timothy Geithner over the weekend about dropping a case against UBS over its tax shelters in return for signing a new tax treaty between the two nations.

The International Accounting Standards Board said that the Financial Accounting Standards Board’s recently issued guidance on fair value measurement is consistent with its existing guidance, but it still sees a need to revise its own controversial standards to account for the impairment of illiquid assets.

Rap singer and actor Snoop Dogg is facing a tax lien from the State of California, along with assault charges.

William R. Hagaman Jr., has been elected the next managing partner of accounting firm WithumSmith+Brown.

Aggressive use of technology, including social networks, in recruiting no longer begins and ends with a firm’s Web site. But it sure plays a major role.