Economy

Wui San Kwok, a practitioner member of the International Ethics Standards Board for Accountants and a partner at PricewaterhouseCoopers, shares his insights in this interview on how the public perception of the accounting profession hinges on trust, and the different pressures and challenges faced by accountants in acting ethically.

Mitchell & Titus, the largest minority-owned accounting firm in the U.S., has decided to end its membership in the Ernst & Young Global network after more than eight years.

Microsoft announced that its Cloud Solution Provider program will be expanded to include Dynamics CRM Online.

The International Federation of Accountants found wide support for its activities in the results of a strategy survey that polled member organizations on IFAC’s strategic plan for 2016–2018.

The American Institute of CPAs is asking Congress to pass legislation that would crack down on so-called “patent trolls,” companies that buy up old patents and threaten lawsuits unless they receive high licensing fees from firms and corporations.

The Institute of Internal Auditors and the Auditing Roundtable, Inc. have signed a merger agreement after more than a year of negotiations.

Accounting Today's 2015 VAR 100, ranking the top accounting software resellers, is now available.

The California Society of CPAs has elected Jennifer Ziegler as its new president and Greg Burke as president of the CalCPA Education Foundation for 2015-2016.

Check out the digital edition of the July 2015 issue of Accounting Today.

A selection of new books, software, hardware and other resources for accountants.

Clients moving to the cloud need to move through the “Five Stages of Cloud Adoption Grief,” according to well-known financial and management consultant Leslie Shiner.

The National Society of Accountants has posted an online petition that tax practitioners can sign to demonstrate their support for the “Tax Practitioners Bill of Rights,” which it issued earlier this week.

The Institute of Certified Public Accountants in Ireland has entered into a mutual recognition agreement with the Association of National Accountants of Nigeria, which represents more than 24,000 members in Nigeria, Africa’s largest economy.

The conversation about learning for accounting professionals seems to be picking up steam.

The National Society of Accountants has created a Tax Practitioners Bill of Rights.

A biennial AICPA survey reveals what’s keeping firms up at night

The Institute of Internal Auditors and the Association of Chartered Certified Accountants have signed a memorandum of understanding aimed at advancing internal auditing and accounting practices globally.

Michael Zovistoski, a partner at UHY LLP, and managing director of UHY Advisors NY, Inc. in Albany, N.Y., has been chosen as president-elect by the New York State Society of CPAs.

A host of changes are presenting challenges to the accounting profession, but they are also engendering business opportunities for those accountants who are willing to seize them.