Microsoft Dynamics GP partner The Resource Group will launch a series of webcasts beginning April 10, designed to educate companies about the hidden costs of entry-level accounting systems.

A recent academic study suggests that adopting a conservative accounting style can hinder a company’s ability to innovate.

An anti-fraud group has released the first of a series of new case studies aimed at teaching audit committees, financial executives and auditors where and how fraud can arise.

International association of independent accounting firms Enterprise Worldwide has partnered with Canadian firm association Porter Hétu International.

The Internal Revenue Service has released its annual “Dirty Dozen” list of tax scams, advising taxpayers to be aware of identity theft, phishing scams and several other red flags that can cause financial mayhem.

The Public Company Accounting Oversight Board is seeking comments on a proposal to reorganize its auditing standards into a single system.

More internal auditors are reporting to their organizations’ chief executive officers than before, according to a semi-annual study by the Institute of Internal Auditors.

The American Institute of CPAs announced the 39 winners of the 2012 Elijah Sells Award, given to outstanding performers on the uniform CPA examination.

Responding to concerns about their allowance model and in an attempt to simplify impairment guidance for financial institutions, the Financial Accounting Standards Board has issued several exposure drafts of proposed models to take into account “expected losses” rather than the current “incurred loss” model.

— The Financial Accounting Standards Board has released a staff document that provides answers to questions about FASB’s recently issued proposal on expected credit losses.

The Financial Accounting Standards Board has added three new implementation guides to its series on using Extensible Business Reporting Language, or XBRL, interactive data tags in financial statements.

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The Public Company Accounting Oversight Board is mulling the possibility of reorganizing its auditing standards into a topical structure.

The International Ethics Standards Board for Accountants has released stronger provisions in its Code of Ethics for Professional Accountants to address conflicts of interest and a breach of a requirement of the code.

The Government Accountability Office has expressed its support for giving auditors more responsibility for the information in documents accompanying audited financial statements.

A trade group representing credit unions is asking the Financial Accounting Standards Board to delay its proposals for changes in the accounting for credit losses and loan impairments.

Krista McMasters has decided to resign as co-chief executive officer of CliftonLarsonAllen and retire on April 1, 2013, a little over a year after the firm's creation from the merger of Clifton Gunderson and LarsonAllen.

The trustees of the IFRS Foundation have included the U.S. Financial Accounting Standards Board among the national and regional standard-setters in the new Accounting Standards Advisory Forum, the new group that will advise the International Accounting Standards Board on development of International Financial Reporting Standards.

The long-standing communication impasse between accounting software used by businesses and business software used by accountants is finally beginning to dissolve, thanks to the emergence of new cloud-based business intelligence solutions.

The Securities and Exchange Commission is asking for public comments on a proposal from Nasdaq to require Nasdaq-listed companies to establish an internal audit function no later than Dec. 31.