The Latest

Massachusetts Mutual Life Insurance has introduced SignatureCare 500, a long-term care insurance product that lets consumers customize a policy to meet their needs.

The Senate Foreign Relations Committee held hearings on proposed tax treaties and protocols with Canada, Iceland and Bulgaria.

The Securities and Exchange Commission convened a roundtable of experts to discuss the controversial topic of fair value measurements in accounting.

As the final event in its year-long, 10-city dialogue tour on financial reporting issues, the Center for Audit Quality will stage its final town hall session July 22 at the National Press Club.

Mitchell & Titus, the largest minority-owned accounting firm in the U.S., has named Anthony S. Kendall as its new CEO.

National Taxpayer Advocate Nina Olson has released a report outlining her office’s priorities over the coming fiscal year, including improving Internal Revenue Service procedures to protect victims of tax-related identity theft and helping people who have lost their homes to foreclosure.

Three professional accounting organizations have jointly released new guidelines for combating fraud.

Outsourced accounting company Corefino has snagged $13.6 million in a first round of funding led by Opus Capital Ventures and Bay Partners.

The Internal Revenue Service has issued a new revenue procedure that aims to clear up some of the murkiness surrounding subprime loans and the tax treatment of securitized versions of those loans, though the murkiness is likely to remain for the majority of those loans anyway.

In preparation for the eventual transition to International Financial Reporting Standards, Big Four firm PricewaterhouseCoopers has launched a suite of educational products and services to help accounting students learn IFRS fundamentals.