Internet evangelist Bill Keller is challenging an Internal Revenue Service probe of his organization’s tax-exempt status.

The House Ways and Means Select Revenue Measures Subcommittee held hearings on bills that would encourage employers to automatically enroll their employees in individual retirement account plans.

The International Accounting Standards Committee Foundation has released the IFRS Taxonomy 2008, a complete translation of International Financial Reporting Standards into Extensible Business Reporting Language.

A Russian appeals court has given PricewaterhouseCoopers' Russian firm the right to appeal a tax evasion case involving the firm's audits of the bankrupt Yukos oil company.

Olympic gold medalist Wendy Lansbach Boglioli gave a thought-provoking talk last week at the New York State Society of CPAs’ Personal Financial Planning and Eldercare Conference about the importance of long-term care insurance.

We all want to do more productive, efficient work.

The Securities and Exchange Commission plans to launch an ambitious project to re-examine how companies and other entities should make financial disclosures to take advantage of the latest technologies.

We all want to do more productive, efficient work.

CCH has enhanced the Audit Public Library in its Accounting Research Manager database with a set of questions and answers about Financial Accounting Standard 157 for fair value measurements.

We all want to do more productive, efficient work.

Japanese electronics giant NEC has settled with the U.S. Securities and Exchange Commission over charges that it improperly booked revenue from its customer contracts and did not maintain accurate books and records, causing the company to miss filing financial statements two years in a row.

The Securities and Exchange Commission has approved a one-year extension of the compliance date for smaller public companies to meet the Section 404(b) auditor attestation requirement of the Sarbanes-Oxley Act.

FiveStar3 has acquired the Alliance of Professional Associations, a national association management company for accounting firms.

Try this on for size. A new study shows that of some one million 401(k) portfolios, some 69 percent of participants have portfolios with inappropriate risk or diversification, 36 percent hold high concentrations of company stock, and 33 percent fail to contribute enough to receive the full company match. While groups of participants are taking full advantage of their 401(k) plans, participants with lower salaries, lower plan balances, and those closer to retirement tend to make the most costly mistakes.

Cohen & Co. has acquired Mercurio & Bridgford, expanding the Ohio-based firm's presence in Florida.

Small business owners are not optimistic about the current state of the economy, according to a new survey by the National Federation of Independent Business.

Financial regulators from around the world are setting up a monitoring group that will work with international accounting standards-setters.

Citigroup settled a longstanding civil complaint from the Securities and Exchange Commission over improper accounting during the economic crisis in Argentina in late 2001.

The SEC is coming under increasing pressure to decide on what date it will start requiring accounting firms to file financial statements in accordance with International Financial Reporting Standards.

The Internal Revenue Service has issued proposed regulations implementing amendments to the tax return preparer penalties.