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A post-implementation review of the Financial Accounting Standards Board’s fair value measurement standard by FASB’s parent organization found the standard generally met its objectives, even though some investors have difficulty understanding fair value information provided in the financial statements, and their level of satisfaction with the information varies.

About 52 percent of Americans intend to spend their annual tax refund on necessary expenses such as loans, credit cards and other household expenses, while another 30 percent plan to put the money into savings and only 8 percent plan to invest the tax refund money, according to a new survey.

Prabhakar Kalavacherla has rejoined KPMG LLP as a partner in the audit quality and professional practice group in the firm’s San Francisco office.

The Sustainability Accounting Standards Board has issued provisional standards for seven industries in the financial services sector.

Sage North America has launched Sage One Invoicing, a new cloud solution for small businesses and entrepreneurs.

Taxpayer satisfaction with personal interactions with the Internal Revenue Service remained high despite high-profile controversies in the past year, but there has been some decline in public support for IRS funding, according to an annual survey of taxpayer attitudes.

The American Institute of CPAs has sent a letter outlining a set of legislative proposals to the leaders of Congress’s two main tax committees, the House Ways and Means Committee and the Senate Finance Committee, recommending ways to simplify the tax laws and make them fairer.

A blue ribbon panel of public policy experts has released a set of recommendations to address the problem of underfunded public pensions.

The Internal Revenue Service has significantly increased its enforcement actions against tax criminals and its rate of convicting them, according to a new report from the IRS’s Criminal Investigation unit.

House Ways and Means Committee chairman Dave Camp, R-Mich., sent a letter Monday to the Internal Revenue Service’s new commissioner, John Koskinen, demanding he turn over documents related to last year’s scandal involving IRS scrutiny of tax-exempt applications or else he would be forced to “compel them.”

Number 10: The lunchroom is finally filled with extra snacks.

Forty-five percent of the 1,000 investors in a recent survey expect to receive a tax refund, and among them, 61 percent plan to save or invest the money, according to a poll by TD Ameritrade

Group-of-20 nations agreed to implement a global standard for automatically exchanging information between tax authorities by the end of 2015, the Organization for Economic Cooperation and Development said.

SwiftKey's SwiftKey Keyboard replaces the onscreen keyboard on your Android phone or tablet with a smarter, more responsive set of tools.

The Nashville Business Journal named Cindy Harper the honoree in their Community Supporter category for Women of Influence.

Sikich, Top 40 accounting, advisory, investment banking, technology and managed services firm, announced Monday its merger with 403 Labs, a Brookfield, Wis.-based information security consultancy.

Tax season has begun and clients are heading into accounting offices across the U.S. in the hopes of getting their tax returns filed as quickly and efficiently as possible. How can you address your clients’ needs, meet the government’s ever-changing requirements, and still maintain a manageable workload during this busy time? The answer is simple: embrace technology.

The number of tax lawsuits filed has declined nearly 10 percent in the past year, and is down more than 30 percent from five years ago, according to a new report.

The American Institute of CPAs and the Chartered Professional Accountants of Canada have reached an agreement to give CPAs in both the U.S. and Canada access to the same technical resources and credentials that signify advanced proficiency in the disciplines of forensic and technology advisory services to promote greater consistency across North America.

A roundup of recent accounting firm mergers and acquisitions …