The Latest

MYOB introduced MYOB Premier Accounting 2008, its new small business accounting application for Windows.

Sage is putting its money where its corporate mouth is, and in a way that’s a departure from past practice.

An official with the European Union said that U.S. companies with stocks listed on European exchanges will not be forced to conform to International Financial Reporting Standards, even as IFRS moves closer to convergence with U.S. generally accepted accounting principles.

Dave Scudder has been following developments in auditing standards closely.

Mark Everson, the former Internal Revenue Service commissioner, has been ousted by the American Red Cross board as its president and CEO after the organization learned of a relationship with one of his employees.

LeMaster Daniels has acquired Abramson Pendergast & Co., another CPA firm based in Washington State.

Deloitte's office in the Netherlands is preparing for a lawsuit by a group of investors there over its audits of food distributor Royal Ahold in a case that could cost the firm hundreds of millions of euros.

A former senior accountant at Oral Roberts University has filed suit for wrongful termination, claiming he was ordered to "cook the books" by former university president Richard Roberts, who resigned last week amid accusations that he misspent university funds on vacations, shopping and horses.

YellowPages Corp. has launched an online directory listing of accountants at AccountantYellowPages.com.

The Internal Revenue Service Oversight Board has sent a letter to the leaders of the Senate Finance Committee saying it is "gravely concerned about the serious risks to the 2008 filing season" if legislation to change the alternative minimum tax is delayed much longer.