The Latest

The Securities and Exchange Commission's Advisory Committee on Improvements to Financial Reporting has released a progress report on its work to date.

The Canadian Accounting Standards Board has confirmed that use of International Financial Reporting Standards will be required in 2011 for publicly held profit-oriented companies.

Senator Jack Reed, D-R.I., has written letters to the heads of the Financial Accounting Standards Board and the International Accounting Standards Board asking how to improve the transparency of the types of assets linked to subprime mortgages.

Intuit recently issued a press release announcing the winner of its “Just Start” program for small businesses that may have drawn stares in large sections of the country. Or at least a slight puzzlement. The release told the story of restaurant owners who will receive $40,000 in cash and $10,000 in products and services from Intuit as part of the “Just Start” contest.

The Internal Revenue Service said that even people who do not normally file tax returns because of their low incomes would need to file this year in order to receive an economic stimulus payment.

Accounting firm Marks Paneth & Shron has unveiled a series of recommendations for coping with the tightening economy.

Amazon.com has come out fighting against New York State Governor Eliot Spitzer's proposal to tax online sales.

Intuit has released a report on the future of small business, predicting that artisans will re-emerge as an influential force in the coming decade, using technology and globalization to help them expand.

As thousands of CPA firms across the country embark on that annual ritual known as filing season, more and more practices are looking toward document management and workflow solutions to ease the ensuing crush of paper.

The House Committee on Small Business held a hearing on business activity taxes and their impact on small businesses.