The Latest

At long last, the SEC has published its proposed roadmap for the transition to International Financial Reporting Standards, but the “date certain” is as uncertain as ever.

SEC Chairman Christopher Cox acknowledged that the mortgage meltdown may have started in the United States, but he pointed the finger at other countries for helping create a global economic crisis.

Gen Xers on average will switch jobs seven times in their lifetime. Know how many jobs Gen Yers will have?

Despite a black ink pen exploding on my hand just as I was ready towalk out the door this morning, I made the rounds, raring to go.First stop? Breakfast. A girl's gotta eat and having already worked out in the Hyatt's swank fitness center made me crave my usual breakfast, a yogurt parfait. Instead, I opted for some protein-filled bacon and eggs and settled in at a table where a gentleman immediately eyed my "press" badge and pointed to two women sitting adjacent to me. "They are the one's with the interesting story," he said.

In preparation for the 2009 filing season, accounting and financial software provider Intuit has unveiled Document eSort, a tax automation and scanning application.

A large majority of CPA firms reported continuing strong growth during the past two years, according to a new survey by the American Institute of CPAs and the Texas Society of Certified Public Accountants, but the survey was taken before the financial crisis hit home in recent quarters.

Prosecutors have indicted John B. Ohle III, a former member of a bank's tax shelter promotion group, on charges of conspiring with lawyers at the law firm of Jenkens & Gilchrist and others to defraud the U.S. Treasury of an estimated $100 million in the sale of a tax shelter known as "HOMER."

Significant opportunities still exist for optimization of Sarbanes-Oxley Section 404 programs and reductions in compliance cost, according to a new report.

Sage is rebranding--dropping the “software” from its name.

In an article entitled “Address Going-Concern Issues as Early as Possible,” in Camico’s Impact Fall 2008 newsletter, the professional liability insurer offers the following advice: “Going-concern issues should be addressed as early as possible in an engagement. …. Delay makes the necessary conversations more difficult, may impair your objectivity, and usually exacerbates the problem.”