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Career opportunities is the No. 1 criteria for today’s accounting students when choosing an employer, according to a survey by KPMG.

Accountants in the U.S. are increasingly starting to prepare for the transition to International Financial Reporting Standards, according to a new survey by the American Institute of CPAs.

The Financial Accounting Standards Board plans to introduce a new official accounting standards codification on July 1 that will supersede other sources, including the AICPA.

Career opportunities is the No. 1 criteria for today's accounting students when choosing an employer, according to a survey by KPMG.

On the heels of weak results for its North American operations, Sage has laid off 150 out of its 5,000 North American workers, citing the move as a response to the economic climate.

President-elect Barack Obama has quietly dropped his original proposal for a windfall profits tax on oil companies, according to a spokesperson.

Prosecutors have decided not to appeal the dismissal of charges against 13 defendants in the KPMG tax shelter case to the U.S. Supreme Court.

Employment in the private sector fell by 250,000 in November, according to the latest monthly report by payroll processor ADP.

The U.S. reportedly plans to sign an agreement with the government of Liechtenstein that will help put a stop to the use of the small European principality as a tax haven.

WebCPA received a letter from American Institute of CPAs president and CEO Barry Melancon taking issue with a recent story on a Gallup Poll ranking of the honesty and ethics of various professions.