The Latest

It was a nailbiter until the end at the C.W. Post campus of Long Island University during Margolin, Winer & Evens LLP's first annual College Accounting Challenge, but it's the students from the College at Old Westbury who will be bringing home a glass award to display in their accounting department.

Is it OK for accountants to give their less profitable clients the boot and only keep the ones that make their firms the most money? Read more in the Accounitng Tomorrow blog.

Despite the economic slump, a high number of executives are continuing to pursue divestitures or carve-outs, according to a survey conducted by Deloitte Corporate Finance.

More than 40 percent of internal auditors within the financial services sector felt that better risk management practices could have helped prevent their organization’s current financial situation, according to a just-released study from the Institute of Internal Auditors.

The Internal Revenue Service is looking for civic-minded volunteers to serve on the Taxpayer Advocacy Panel, which listens to taxpayers, identifies key issues and makes recommendations for improving IRS service.

Northeast super regional CPA and business advisory firm J.H. Cohn has unveiled a new ad campaign with the tagline, “The Experience to Face the Unprecedented.”

Some Asian accountancy students are landing jobs way before they graduate, especially if they had been interns in the firm in their earlier undergraduate years and deemed good enough to be offered a permanent place, according to a Singapore publication. Read more in the Accounting Tomorrow blog.

Treasury Secretary Timothy Geithner did his best at filling in the blanks on the Obama administration’s plan for cleaning up the so-called “toxic assets” clogging the balance sheets of banks.

In a hearing before the House Financial Services Committee, Treasury Secretary Tim Geithner asked lawmakers to grant the Treasury Department more power to seize failing financial firms.

Some Asian accountancy students are landing jobs way before they graduate, especially if they had been interns in the firm in their earlier undergraduate years and deemed good enough to be offered a permanent place, according to a Singapore publication.