The Latest

I visited Grand Central Terminal in New York last week to check out an unusual display by software vendor Intuit as it tries to get more small businesses to adopt its QuickBooks accounting software, even businesses that aren’t really businesses yet.

The Securities and Exchange Commission has received letters from accounting organizations and firms responding to its concept release on allowing public companies to prepare financial statements in accordance with International Financial Reporting Standards, some in favor and some opposed

Southern accounting firm Carr, Riggs & Ingram has acquired Bumpus Hall, allowing the firm to expand into the Nashville area.

KPMG Chairman Timothy P. Flynn told the China Chamber of Commerce that his firm has been growing dramatically in China.

Microsoft has debuted a blog, Money Insider, focusing on the latest news about its Microsoft Money personal finance software and MSN Money site.

Mixing a fixed-income annuity into a retirement income account provides greater long-term wealth for investors than a portfolio of equity and bond investments alone, according to a study by MassMutual Financial Group.

The American Institute of CPAs has begun shipping its 2007 AICPA Audit and Accounting Guides, updated for the risk assessment standards issued by the Auditing Standards Board.

California wealth management firms Kochis Fitz and Quintile Wealth Management said they plan to merge, effective Jan. 1, 2008, with the combined firm to be known initially as Kochis Fitz/Quintile until a new name can be found.

We come across many surveys in our work, especially on the Internet. One of my most recent favorites posed the following question, “Is your firm, or one or more of its professionals, a recognized thought leader?”

Like many New York commuters who live in the suburbs and work in the city, I have a set routine. In the morning I read my paper and on the return home, I manage to grab a 20-minute nap before the conductor shakes me awake and gently demands to see my ticket.