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A new report suggests that companies adopting the Financial Accounting Standards Board’s recent proposals on modifying mark-to-market and fair value accounting standards should provide more extensive disclosures to help investors make sense of the impaired assets.

CFOs at U.S. companies expect that the transition to International Financial Reporting Standards will give them the ability to transform their finance departments, according to a new survey, but the price tag could be high.

The Financial Accounting Standards Board has bowed to pressure from lawmakers and banking interests and put forward a proposal to relax fair value standards.

Did you know that two-thirds of young adults between the ages of 23 and 28 consider financial fitness more important than physical fitness? At least, according to a new survey released by Schwab.This means one of two things –young adults aren't concerned about the growing obesity rate in this country – or financial responsibility is about to get more hardcore.

Nonprofit software provider Blackbaud Inc. has teamed with online payment concern PayPal to establish BlackbaudNow, a price-friendly Web site-building application to assist small and growing nonprofits publish their own Web sites and begin accepting online donations, manage constituent accounts and record donor giving histories.

In order to include provisions in the recently enacted American Recovery and Reinvestment Act of 2009, the Tax & Accounting business of Thomson Reuters has updated its Planner CS program.

The Congressional Research Service has found that both the Senate and House bills that seek to tax bonuses paid to employees of entities receiving assistance from the federal government under the Economic Stabilization Act of 2008 may have constitutional problems.

"Going green” has evolved beyond a trendy catchphrase — it has paid financial dividends and has often helped bridge the generational gap at CPA firms. Read what some firms are doing to save resources and show their respect for the environment on Accounting Tomorrow in today's story.

Accounting firm Vitale Caturano has changed its name to Caturano and Co. in a bid to distance itself from a scandal-tainted co-founder.

President Barack Obama has nominated a California professor, Helen Elizabeth Garrett, as his Assistant Treasury Secretary for Tax Policy.