International Federation of Accountants CEO Fayezul Choudhury discusses how IFAC includes accounting organizations covering firms of all sizes, allowing even sole practitioners to stay connected with what's happening with the largest firm networks around the world, in an interview with AccountingToday.com editor-in-chief Michael Cohn.

The announcement of civil and criminal insider trading charges earlier this month against Scott London, a former senior audit partner at KPMG, grabbed business headlines and took the public accounting profession by surprise.

International Federation of Accountants CEO Fayezul Choudhury discusses how former CEO Ian Ball will still be acting as an advisor with IFAC, in an interview with AccountingToday.com editor-in-chief Michael Cohn.

The Public Accounts Committee in the British Parliament has issued a critical report blaming large accounting firms, particularly the Big Four, for contributing to tax avoidance.

The Financial Foundation and the Financial Accounting Standards Board that it oversees are marking their 40th anniversary by introducing redesigned logos, branding and Web sites.

Robert Herz, the former chairman of the Financial Accounting Standards Board, has written a new book on his experiences leading FASB, with reflections on his experiences leading the board through the financial crisis and in its efforts to converge U.S. GAAP with International Financial Reporting Standards.

Some companies enhanced this or partnered with that, all well and good, but notable Sage family mergers and the fact that Microsoft may actually be going after accountants deserves more discussion.

A pair of influential senators have re-introduced legislation to make the Public Company Accounting Oversight Board’s disciplinary proceedings against auditing and accounting firms public.

Barack and Michelle Obama may need some better financial planning advice.

The Legal Affairs Committee of the European Parliament voted Thursday to require public companies to change audit firms after up to 14 years, which could increase to 25 years if safeguards are put in place.

Firm anniversaries, DiCicco's annual summit and more...

The Securities and Exchange Commission has charged Capital One Financial Corporation and two of its senior executives with understating millions of dollars in losses on auto loans in the months leading up to the financial crisis.

The Public Company Accounting Oversight Board has issued a formal policy statement in an effort to get more cooperation from public accounting firms in assisting with the PCAOB’s investigations of their audits.

Free online accounting software maker Wave is now offering an iOS payroll tool as a companion app to their online payroll product.

Microsoft confirmed it is trying to establish a BPO program for accounting firms behind cloud versions of its Dynamics NAV and GP ERP products.

Top 20 Firm Baker Tilly Virchow Krause LLP is expanding its presence in the New York City market by merging with local Top 100 Firm Holtz Rubenstein Reminick LLP.

The Financial Accounting Foundation’ board of trustees has named Russell G. Golden as the next chairman of the Financial Accounting Standards Board, succeeding Leslie Seidman, whose term will end on June 30.

The Governmental Accounting Standards Board has approved a new standard that provides accounting and financial reporting guidance to state and local governments that offer nonexchange financial guarantees and governments that receive guarantees on their obligations.

The Financial Accounting Standards Board has issued an Accounting Standards Update aimed at improving financial reporting by clarifying when and how public and private companies and not-for-profit organizations should prepare statements using the liquidation basis of accounting.

Deloitte Touche Tohmatsu CPA Ltd. lost a bid to delay a lawsuit brought by the Securities and Exchange Commission seeking documents in an investigation of the auditor’s former client Longtop Financial Technologies Ltd.