Part 4 of our exclusive video roundtable on accountants and the cloud focuses on how the cloud enables verticalization and vertical-focused strategies.

Part 5 of our exclusive video roundtable on accountants and the cloud focuses on the benefits of mobility and constant access.

Part 6 of our exclusive video roundtable on accountants and the cloud focuses on firm profitability.

(Bloomberg) Peregrine Financial Group Inc. founder Russell Wasendorf Sr. pleaded not guilty to 31 counts of lying to U.S. regulators about the value of customer funds held by his now-bankrupt commodities firm.

Marc Silverman joins Morristown office

New consulting program will help CPA firms see if wealth management is right for them.

Accounting Today has announced the agenda of its third annual Growth & Profitability Summit, which will be held Oct. 28-30, 2012, in Boca Raton, Fla.

Recent promotions, new hires and more

The Financial Reporting Executive Committee of the American Institute of CPAs has issued a working draft of the accounting content of a proposed Audit and Accounting Guide on not-for-profits.

Michael Biondo, a tax manager at the Buffalo, N.Y.,-based firm of Freed Maxick CPAs PC -- also know as as Duke Maynard von dem Steine in the kingdom of AEthelmearc -- was recently selected as Accounting Today’s newest Accountant of the Month.

The Financial Accounting Standards Board has released a proposed Accounting Standards Update that is intended to improve the presentation for reclassifications out of accumulated other comprehensive income in a manner that balances the benefits to users of financial statements, without imposing significant costs to preparers of financial statements.

Submissions for our September Accountant of the Month close next Friday, Aug. 17

Stephen D. Mayer has stepped down as CEO of Top 100 California firm Burr Pilger Mayer, effective August 1, according to an internal email obtained by Accounting Today.

Join us at our 2012 Growth & Profitability Summit

Arnett & Foster PLLC, of Charleston, W. Va., and Toothman Rice PLLC of Bridgeport, W. Va., have merged.

The Financial Reporting Executive Committee of the American Institute of CPAs has released a working draft of a new version of one of its valuation guides, and is calling for feedback on a new chapter in the guide.

British soccer team Manchester United, which went public on the New York Stock Exchange on Friday, said in its IPO filing that it may take advantage of the relaxed reporting and auditing requirements for so-called “emerging growth companies” in the JOBS Act.

The International Accounting Education Standards Board has drafted a proposed revision of its standards for the professional development of audit engagement partners.

Half a dozen accounting firms have been selected to help oversee compliance by the five banks that agreed to a mammoth national mortgage settlement.

Recent promotions, new hires and more