The Latest

The American Institute of CPAs and other organizatons expressed their support for the Securities and Exchange Commission's proposed roadmap for moving to international accounting standards.

The Securities and Exchange Commission has approved a new rule and amendment to an existing rule from the Public Company Accounting Oversight Board related to ethics, independence and the provision of tax services.

A former Internal Revenue Service agent was sentenced to 30 months in prison for helping a heroin dealer to buy a $65,000 BMW 745i while concealing his ownership of the vehicle.

A self-proclaimed priest has been convicted of tax fraud after his accountant and girlfriend pleaded guilty.

A federal judge has turned down Jackson Hewitt's request to have a class-action lawsuit dismissed against the company and some of its franchises.

The National Association of State Boards of Accountancy is looking into administering the Uniform CPA Examination outside the U.S.

Intuit has added mobile access to its QuickBooks Online service via the Apple iPhone and RIM BlackBerry.

The National Association of Certified Valuation Analysts said that its Certified Valuation Analyst and Accredited Valuation Analyst designations have received certification from the National Organization for Competency Assurance.

Members of the Public Company Accounting Oversight Board may be breathing a sigh of relief that their organization has been ruled constitutional, but their opponents could decide to take their case to the Supreme Court.

The Securities and Exchange Commission proposed setting a roadmap for transitioning to International Financial Reporting Standards by 2014.