The former bankers have told criminal investigators the bank is still helping U.S. clients hide accounts, even after paying $2.6 billion in penalties and promising to stop the practice.

The “quarterback” of billionaire Robert Brockman’s medical team testified that the 80-year-old Texas software mogul is moderately demented and getting worse.

Accounting Principals has issued its annual salary guide for accounting and finance professionals as the labor shortage that’s been hitting so many industries this year has also driven demand for accountants.

The New Jersey Society of CPAs awarded 10 of its members $750 each to go toward their CPA Exam fee costs.

U.S. legislation designed to protect trillions in assets from chaos when global regulators phase out the interest-rate benchmark Libor is being held up in the House.

Negotiators hammering out details of a new global corporate tax regime are shaping the deal to maximize its chance of winning acceptance in the U.S.

The House passed a roughly $2 trillion bill incorporating the core of President Joe Biden’s economic agenda — ramping up funding for the social safety net and increasing taxes on corporations and the wealthy — sending it on to the Senate, where it’s likely to be significantly reshaped.

President Joe Biden’s signature plan to expand the social safety net, address climate change and rewrite tax policies passed the House Friday morning as Speaker Nancy Pelosi united fractious Democrats to send the legislation to the Senate, where its fate remains uncertain.

The accounting close solution provider is joining the Business Application ISV Connect Program.

The Michigan-based Top 100 Firm is acquiring the firm of Darlene Plumly CPA.