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Among the many changes born of the financial crisis that's sweeping the globe are changes in internal auditing departments.

About a year ago, we began hearing a clamor that accountants exacerbated the financial debacle by reporting market values in financial statements. In turn, accountants ducked the blame by arguing strongly that the Financial Accounting Standards Board was at fault for requiring investment market values to be reported. These complaints have continued to this day.

Practice management services concern Commercial Logic has entered into a U.S. distribution pact with Advanced Professional Solutions Pty Ltd., a global supplier of practice management software and services.

Sage North America has opened an online portal for small businesses that provides them with free online invoicing and other services.

The Justice Department has filed a “John Doe” summons with a federal court seeking the credit card records of U.S. merchants hiding money in offshore bank accounts.

Three-quarters of accountants say the financial crisis has changed their on-the-job responsibilities.

The Tax & Accounting business of Thomson Reuters has acquired World Trade Executive Inc., a provider of international tax, accounting, finance and energy content.

President Barack Obama made a bid to promote his administration’s tax policies the day taxes were due to be filed.

Boomers are invading Twitter. People ages 45 to 54 are 36 percent more likely to visit the site, according to marketing research from comScore.

Today’s volatile economic market is causing investors to make changes in their retirement plans, according to new survey results from NAVA, the Association for Insured Retirement Solutions. In fact, more than half of the survey respondents, which include some 1,500 financial advisors across the country, say their clients believe they will have to work longer and delay retirement plans.