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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.

Sen. Rob Portman, R-Ohio, and Rep. Charles Boustany, R-La., have introduced legislation aimed at allowing Enrolled Agents to present themselves as such and tout their credential wherever they practice.

The Houston CPA Society thanked its volunteers and leaders for their service through the 2012-2013 fiscal year during its annual awards banquet.

Bloomberg BNA executive editor of tax and accounting George Farrah discusses how accountants today are dealing with the economy, technology, globalization and practice management, in an interview with Accounting Today editor-in-chief Daniel Hood.

American Institute of CPAs president and CEO Barry Melancon has written to the leaders of the state CPA societies in response to an announcement from the National Association of State Boards of Accountancy urging private companies not to use the AICPA’s recently unveiled Financial Reporting Framework for Small and Medium-sized Entities.

The National Society of Accountants has met with officials at the Internal Revenue Service to try to persuade the IRS not to close down its Disclosure Authorization and Electronic Account Resolution e-Services.

For anyone evaluating the principles of the new service organization controls (SOC), particularly SOC 2, BrightLine CPAs & Associates principal and SOC reporting practice leader Greg Miller describes the five key principles and how to select the right one.

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Practitioners who have clients with overseas accounts should alert them now that the FBAR (Foreign Bank and Financial Accounts Report) form must be received by the Department of Treasury no later than June 28 this year. Although the actual due date is June 30, this year it falls on a Sunday and there is no extension of the due date when it falls on a weekend.

The Internal Revenue Service has finalized the regulations for the 10 percent excise tax on indoor tanning services that was included as part of the health care reform law.

The House Ways and Means Committee held a hearing Thursday to examine corporate tax reform and the impact of offshore tax havens on base erosion and profit shifting by multinationals.

CohnReznick LLP is teaming up with enterprise-class financial close software maker BlackLine Systems to help Fortune 1000 clients automate and optimize traditionally manual, spreadsheet-driven financial close processes.

The National Association of State Boards of Accountancy has advised private companies not to use the American Institute of CPAs’ recently released Financial Reporting Framework for Small and Medium-sized Entities.

Neal Korenberg, a partner at Castellano, Korenberg & Co. was awarded the Distinguished Service Award by the New York State Society of Certified Public Accountants Nassau Chapter.

Mobile device management at growing CPA firms is causing IT departments concern, not only just over control issues but on educating staff on devices, apps, and the security risks that go with them.

Amit Jain of ADP Small Business Services discusses how the accounting firm of tomorrow will be different from accounting firms today, in an interview with Accounting Today editor-in-chief Daniel Hood.

The Internal Revenue Service has taken steps to correct problems with its oversight of applications for Individual Taxpayer Identification Numbers, or ITINs, but more improvements in the program are still needed, according to a new government report.

For years, annuities have been considered to be a solution for outliving your income and available assets.

The International Integrated Reporting Council has signed a memorandum of understanding with the World Intellectual Capital Initiative to ensure that "intellectual capital" is reflected as a crucial and essential source of an organization's value creation within integrated reporting.