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The American Institute of CPAs has issued amendments to its auditing standards for when to reference the audit of a component auditor in the auditor’s report on the group financial statements.

Global tax services firm Ryan LLC has acquired the Property Tax Services business from Thomson Reuters for an undisclosed amount.

BCG Systems director of networking services Ken Klika helps IT and accounting professionals make the right choices when moving data and processes to the cloud.

CBIZ, Inc. has acquired “certain” assets of Diversified Industries, Inc. for an undisclosed amount.

CBIZ, Inc. has completed an acquisition of the non-attest assets of PHBV Partners LLP, the government health care practice and separate legal entity of CliftonLarsonAllen.

Technology consultant Wayne Schulz explores how diagnosis fees and fixed pricing benefits consultant and customer alike.

Microsoft Dynamics partner Queue Associates Inc. is opening a Hong Kong office and, effectively, Queue Associates Worldwide China Limited while celebrating its 20th year in business.

Payroll services giant ADP said Wednesday that it has been monitoring the fiscal cliff deal and has been in constant contact with the Internal Revenue Service regarding the changes in tax rates.

Online accounting software maker Xero Inc. is part of a a pro-paperless office coalition led by online fax and electronic signature service HelloFax that has launched an effort to deliver free online front and back office tools to consumers and businesses.

Nonprofit and faith-based cloud accounting product maker Aplos Software has released a new, user-friendly Startup Wizard for its flagship, Web-based nonprofit accounting software suite.

Brad Lusk has been named as the new managing partner at Sisterson & Co. LLP. He succeeds William Troup, who has served as managing partner since 1997.

Seems like a timesaver in tax season: Scan all documents and let software auto-fill information from clients’ forms. Selecting scanners, however, means gambling that a hardware investment will, in fact, pay off, and that can mean carefully examining your client base and information flow.

Small businesses with fewer than 20 employees created 15,000 jobs in December, according to Intuit, a 0.99 percent increase over November.

The House passed a deal to avert an income tax rate increase on middle-class families on Tuesday night, following a New Year’s Eve vote by the Senate, sending the bill to President Obama for his signature.

We have come to realize that it's long past time to question using LIFO to allocate costs first to the cost of goods sold and then inventory.

Regional Leader BeachFleischman PC and Phoenix-based CPA firm Taylor, Duffy & Associates PC have merged, effective January 1.

John Karaffa had the right stats to found ProSport CPA five years ago, an accounting firm that serves professional athletes, as both an athlete and one that played abroad, like many of his clients.

Highlights of the previous month in audit and attest

IT resources and systems aligned with the finance department's needs lead to higher return on capital