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Financial reporting technology provider Trintech has introduced an iPad app for automating the record-to-report process.

Less than nine months after uncovering the $215 million financial fraud at Peregrine Financial Group, Confirmation.com said that its electronic audit confirmation service was used to uncover another case of financial fraud.

As G8 leaders met in Northern Ireland for a summit focused on increasing financial transparency and tax information exchange, 150 business leaders and investors also gathered in Germany to advance a market-led solution to financial transparency.

World leaders at the G8 Summit meeting in Lough Erne, Northern Ireland, issued a declaration Tuesday calling for countries to share tax information and increase transparency to discourage tax evasion, and President Obama released an action plan for identifying actual company ownership.

Members of Generation X are having the most difficulty meeting their household expenses and dealing with other financial obligations, according to a new study by PricewaterhouseCoopers.

Congressman Chaka Fattah, D-Pa., a senior member of the House Appropriations Committee, has introduced legislation that would direct the Treasury Department to issue a legislative proposal to Congress concerning the viability of replacing the current income tax with a consumption tax.

Sikich LLP has signed a letter of intent to merge with Brookfield, Wis.-based public accounting and consulting firm Kolb+Co.

Competition is mounting for accountants from similar service providers that are cannibalizing key clients.

Cloud-based document management service SmartVault has partnered with expense report product maker SpringAhead to create an expense report workflow system and integration with Intuit’s QuickBooks.

In honor of Small Business Week, the IRS is offering two webinars for small-business owners.

Cloud accounting and small business finance tool maker Wave has added the Payroll Tax Service for in 10 U.S. states with more coming later in the year.

The Internal Revenue Service plans to develop more guidance and training materials to inform taxpayers and tax preparers of the tax compliance risks associated with using virtual currencies like Bitcoin and “Linden dollars.”

A modest array of product announcements and partnerships came through last week yet did little to overshadow the larger, tech-related themes of interest to accounting and consulting professionals coming out of the 2013 AICPA Practitioners Symposium and TECH+ Conference.

The New York State Society of CPAs has expressed concern that an International Audit and Assurance Standards Board proposal that aims to make auditor reporting more transparent and improve users’ understanding of audited financial statements goes too far in expanding the scope of auditor responsibilities.

Even in the increasingly mobile world, accountants are still keeping time and as such Timesheet is seeing more downloads by practitioners on Android devices.

The current accounting rules for accounting for loan losses were in part responsible for the failures of community banks in the wake of the financial crisis, according to a new report by the Government Accountability Office.

The American Institute of CPAs and the National Association of State Boards of Accountancy will be opening up their Uniform CPA Examination testing in Brazil to all qualified citizens and permanent residents of South America, starting July 1.

The International Consortium of Investigative Journalists created a database of users of international tax havens over the weekend, and the group reported Monday that database received 2 million page views in its first 24 hours of operation.

While the end of the busy season always brings a collective sigh of relief to staff and partners alike, the shift in seasonal demand can be a Catch-22.

The American Institute of CPAs has released one of its Accounting and Valuation Guides, “Valuation of Privately Held Company Equity Securities Issued as Compensation,” also known as the Cheap Stock Guide, in an e-book format.