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A survey of accounting industry leaders from around the world found overwhelming support for convergence of accounting standards.

Over the years, I’ve enjoyed watching former senator Fred Thompson in front of the camera in his various movie and TV roles – particularly as Arthur Branch, the drawling, avuncular, but politically motivated, district attorney in the hit series Law & Order.

Adding to its continuing professional education portfolio, Thomson Tax & Accounting has acquired AuditWatch, a high-profile audit-training and process improvement consulting firm headquartered in Reston, Va.

Nearly 80 percent of employers are paying higher salaries to recruit and retain their key accounting and finance staff, according to a new report.

The city of Miami named McGladrey & Pullen as its external auditor.

International accounting firm Mazars has created a new law firm out of the four independent European law firms that previously served it.

The National Association of Enrolled Agents is calling on the Internal Revenue Service to look into problems with the timing of its correspondence audits of taxpayers.

A 63-year-old homemaker has won a lawsuit against Kmart for improperly charging her tax on the toilet paper she bought.

Problems with revenue, related-party transactions and outside auditors were among the deficiencies found among auditing firms, according to a recent report.

Three former employees of the United Kingdom's National Westminster Bank pleaded guilty to a single count of wire fraud in connection with a secret investment with former Enron executives.