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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.

Amit Jain of ADP Small Business Services discusses the challenges of growing an accounting practice, retaining clients, increasing cash flow, recruiting and retaining staff members, and dealing with regulatory complexity, in an interview with Accounting Today editor-in-chief Daniel Hood.

The Financial Accounting Standards Board voted Wednesday to indefinitely defer certain disclosures about investments held by a nonpublic employee benefit plan in its plan sponsor’s own nonpublic equity securities.

Leaders of the House Energy and Commerce Committee have sent a letter to Internal Revenue Service acting chief Daniel Werfel requesting information about a March 2011 IRS search and seizure of as many as 60 million medical records from a California health care provider.

The Internal Revenue Service is not always properly monitoring or establishing the partial payment installment agreements it enters into with taxpayers, according to a new government report.

Skoda Minotti completed its second Tampa firm merger with the addition of Dowell & Perez PA. Deal terms were undisclosed.

Eide Bailly has added Salt Lake City-based CPA firm Lake, Hill & Myers, to its roster. The merger is expected to go into effect on July 1.

The South Atlantic, West South Central and Pacific regions had the most private sector job growth in May, according to a new report by payroll giant ADP, with Texas, Florida, California and Georgia leading the way.

Sage developer xkzero has partnered with technology-enabled transportation and supply chain management services provider Echo Global Logistics Inc. to offer integrated transportation logistics for Sage ERP products.

Senators Roy Blunt, R-Mo., and Jay Rockefeller, D-W.Va., have introduced a bipartisan bill to make the New Markets Tax Credit program permanent and increase its annual allocation.

CCH has unveiled Sales Tax RADAR (rates and decisions administration reporting), a new cloud-based tool designed to track rates and taxability details in thousands of jurisdictions

Write-downs and losses likely to continue as companies struggle to understand the rules.

Ernst & Young has partnered with Thomson Reuters to introduce EYTaxSpace Powered by Thomson Reuters, a service for processing the firm’s corporate tax clients.

The Illinois CPA Society has appointed Todd Shapiro as its president and CEO after serving as CFO since 1998 and interim CEO since January of this year.

The American Institute of CPAs and the Institute of Chartered Accountants in England and Wales are urging the Financial Accounting Standards Board to reconsider two separate elements of FASB’s financial instruments convergence project with the International Accounting Standards Board.

CPA firms are prioritizing the need to attract new business and recruit top-notch staff as economic conditions improve, according to a new survey by the American Institute of CPAs.

The American Institute of CPAs has proposed new standards to build more rigorous oversight of CPA financial planners.

The Internal Revenue Service filmed a “Mad Men”-themed continuing professional education video last year featuring an actor patterned after the Don Draper character in the popular AMC cable TV series.

The first day of technology sessions at the AICPA Practitioners Symposium and TECH+ Conference kicked off with Randy Johnston mapping out current and foreseeable future technology trends

The Swiss and U.S. governments have signed a memorandum of understanding on interpretations of their agreement on implementing the Foreign Account Tax Compliance Act, or FATCA.