The Latest

Firms combine forces in Wisconsin and Florida.

Virtual currency owners experiencing the thrill of record high values should take note that the IRS is stepping up enforcement.

Baker Tilly establishes philanthropic holiday ‘wishes’ program; RoseRyan and Michael Silver rebrand; and more news from CPA offices across the country.

KPMG adds three principals; LBMC hires seven people in three offices; and other recent hires, promotions and personnel news from firms across the country.

The Association of Chartered Certified Accountants released a report Friday on the need for CFOs to develop technology roadmaps for their organizations to stay competitive in the global market.

The Governmental Accounting Standards Board is circulating a pair of exposure drafts proposing accounting and financial reporting guidance pertaining to the capitalization of interest cost along with a proposed Implementation Guide discussing a variety of topics.

Steinhoff International Holdings NV bonds extended losses after Moody’s Investors Service slashed the credit rating to junk in the wake of an accounting scandal that’s threatening the survival of the global furniture and clothing retailer.

The White House supports tweaking final tax legislation to appease lawmakers who want to let constituents deduct state income taxes, according to National Economic Council Director Gary Cohn.

The three biggest stories in Washington—a broad overhaul of the U.S. tax structure, a health-care makeover and a spending bill that would avert a government shutdown—all depend, more or less, on one moderate Republican senator who says she’s got a deal that could deliver them all.

The tool offered with the company’s GRC platform, which was released this year.