The Latest

The Securities and Exchange Commission’s Advisory Committee on Improvements to Financial Reporting released a draft of its final report.

Crocodile Dundee actor Paul Hogan has told Australian tax authorities to “come and get me” after being told in California that the Australian Taxation Office is asking the U.S. Internal Revenue Service to help round up nine years’ worth of records from three U.S. banks.

Accounting Today is issuing a call for nominations for its annual Top 100 Most Influential People in Accounting list.

Accounting firm Weaver and Tidwell reported that its net revenues for the 2008 fiscal year ending May 31 reached $51 million, a 28 percent increase over the previous fiscal year.

Illinois accounting firms Sikich LLP and Millikin Benning Kleckler & Kobischka have combined forces.

Accounting firm Reznick Group has partnered with Palladium Pacific on a service to provide help to real estate lenders, investors, builders and developers with their troubled real estate assets.

BDO Seidman has admitted 18 new partners to the firm, effective July 1.

The AICPA 2008 Succession Survey, as you would expect, has a great deal of information about the current state of succession at multi-owner firms and recommended best practices for those firms. What will come as a surprise to some is there is an equivalent amount of information, observation of trends, and recommended best practices for the sole practitioner.

Looking for strong leads to grow your financial planning practice? Try scouring your tax clients.It may seem obvious, but internal marketing within your tax base is the best way to beef up your wealth management clientele, and is often a welcome service offering that can lead to referrals.

Since most observers consider the tax prep market to be in a maturing mode, it’s important for software makers to offer their products for tryouts, early renewals and promotional pricing during the season when their customers have the time to experiment.And that time, of course, is now.