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As President-elect Barack Obama continues to name members of his cabinet who will have to quickly deal with pressing national and economic security issues, people are beginning to wonder if he will be able to fulfill the promises he made in his campaign.

The job market in accounting and finance is essentially holding steady with few gains anticipated early next year, according to a new survey.

Thanks to the Uniform Accountancy Act, beginning in 2010 in New York and 2012 in Pennsylvania, undergraduate accounting students will be required to complete 150 hours of related course work before sitting for the CPA exam.

Thanks to the Uniform Accountancy Act, beginning in 2010 in New York and 2012 in Pennsylvania, undergraduate accounting students will be required to complete 150 hours of related course work before sitting for the CPA exam. In fact, legislation has made this effective in most states.

The Treasury Department's Troubled Asset Relief Program needs to do a better job of ensuring integrity, accountability and transparency, according to a report from the Government Accountability Office.

I have visited many reception areas of professional service firms, had close interaction with hundred and hundreds of accountants, and am constantly exchanging business cards. At these times, being a reporter, I am always observing. I also more often than I would expect notice something that bothers me.

A federal grand jury has indicted a man after he crashed a motor vehicle twice into the side of a building that contains the offices of both the Internal Revenue Service and the Small Business Administration.

The IRS is not well prepared in the event of serious disasters, according to two new reports by the Treasury Department's inspector general.

A group that maintains the beginning and ending dates of U.S. recessions announced that the economy officially entered a recession a year ago.

The Gallup Poll's annual ranking of public perceptions of the honesty and ethics of various professions found that accountants rank below funeral directors, but above journalists.