Subject Root Tag

BDO said Thursday that worldwide revenue for all BDO network’s member firms (including members of BDO firm alliances) totaled $7.3 billion for the fiscal year ended Sept. 30, 2015, a 12.95 percent increase year over year, at constant exchange rates.

Democratic presidential candidate Hillary Clinton on Wednesday urged Congress to take action against companies that avoid taxes by shifting their debt to American soil while moving profit overseas, a technique known as earnings stripping, and said that if they don’t, the Treasury Department should crack down with new rules.

Henry & Horne, LLP has acquired Anderson, Church & Co. PLLC in Arizona, effective December 1.

Christina Wiseman of Thomson Reuters discusses how to get an accounting firm's staff members and clients to use online portals.

Financial reporting is increasingly complex, and many companies find it challenging to comply with the disclosure requirements of the standards while providing readers with information that is meaningful and understandable.

The Public Company Accounting and Oversight Board is continuing to encounter resistance from Chinese authorities in its efforts to gain access to inspecting audit firms in China.

Securities and Exchange Commission chair Mary Jo White said the SEC is considering a recommendation from SEC chief accountant James Schnurr that would allow for the supplemental use of International Financial Reporting Standards by U.S. companies in addition to their U.S. GAAP financials.

Royal Bank of Scotland Group Plc agreed to pay 23.8 million euros ($26 million) to settle allegations from German prosecutors that its Swiss Coutts & Co. Ltd. private bank helped some clients evade tax.

Congressional leaders are pushing to reach a deal on a must-pass U.S. government spending bill as a Friday deadline nears to avoid a federal shutdown, even as they concede that lawmakers may have to work into the weekend and beyond.

Greater engagement and a deeper relationship with your software providers will pay dividends in better service, better deals and, ultimately, better products, according to tech expert Jim Bourke.

Christina Wiseman of Thomson Reuters discusses how accountants can service their clients through portal technology.

Forty-eight percent of small and midsize businesses use one technology supplier for accepting payments, processing payroll, issuing invoices and doing their accounting, according to a new survey, while 34 percent use two or more suppliers for their financial technology.

The accounting profession needs to take advantage of current conditions to take critically important steps to ensure its future, according to American Institute of CPAs president and CEO Barry Melancon.

As 2015 comes to a close, businesses are once again facing uncertainty as Congress has yet to act on a host of important provisions that expired at the end of 2014.

CPA.com announced new partnerships and resources, including a business process outsourcing software buyer’s guide and leadership training program, during the company’s Digital CPA Conference Dec. 7-9.

The International Public Sector Accounting Standards Board has established a consultative group that will offer advice to the board on setting financial reporting standards for government entities.

The Internal Revenue Service has begun a new program, the Early Interaction Initiative, to more quickly identify employers who are falling behind on their payroll or employment taxes and help them get caught up on their payment and reporting responsibilities.

The Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board, the Governmental Accounting Standards Board and the Private Company Council, has elected Charles H. Noski as its new chairman, succeeding Jeffrey J. Diermeier, whose term ends on December 31.

Nonprofits are expressing concern about proposed regulations from the Internal Revenue Service and the Treasury Department that could give charities the option of providing Social Security numbers of donors who contribute more than $250 to their organizations.

The American Institute of CPAs is objecting to a bill that was introduced in the House giving the Internal Revenue Service the statutory authority to regulate tax return preparers.