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Bartov testified that he "did not find any evidence of material misstatement" in the former president's financial statements and "no evidence whatsoever for any accounting fraud."

A Milan appeals court overturned a previous guilty verdict for the ex-CEO of Banca Monte dei Paschi di Siena SpA.

Sellers cannot protect themselves from a buyer's bankruptcy or if the buyer just stops making payments.

As the accounting profession enters a period of unprecedented change, the AICPA's Barry Melancon highlights the upsides and downsides.

Rosen, Sapperstein and Friedlander, a Regional Leader based in Towson, Maryland, is buying MBA, a firm based in Cockeysville.

The Internal Revenue Service's Independent Office of Appeals hopes to improve both service and the experience of its workforce.

Business leaders who are also CPAs are unsure about the direction of the U.S. economy next year.

Accounting Today's annual collection of the thought leaders and changemakers who are shaping the profession — and their snacks.

The service is sending 20,000 disallowance letters, with more action and a voluntary disclosure program coming.

With steep penalties of up to $500 per day for each day a BOI report is late, business owners will want to make sure they get theirs in on time.