Bolstered by higher sales and lower costs, consulting giant Accenture posted a 25 percent hike in fourth-quarter profits, to $229.1 million, versus the year-ago period.
For the period ended Aug. 31, the company said that fourth-period revenue grew 13 percent, to $4.3 billion, which was aided by 11 percent and 21 percent gains in consulting revenue and outsourcing revenue, respectively.
The Hamilton, Bermuda-based company said that it would begin expensing stock options in fiscal 2006.
The Internal Revenue Service's Direct File pilot program officially closed Friday, after 140,803 taxpayers used it in 12 states.
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!
Plus, Earmark launches a web app; and other accounting technology news.
Plus, the Kansas Society of CPAs gives out scholarships; the Accounting MOVE Project announces a mini summit; and more.
Speedy sentencing; WWTF; no longer Confident; and other highlights of recent tax cases.
