The Latest

Toshiba Corp. is under investigation by the U.S. over allegations that it hid $1.3 billion in losses at its nuclear power operations, according to two people familiar with the matter. Shares plunged in Tokyo.

Texas firm Whitley Penn recently announced their monthly support to the Tarrant Area Food Bank during 2016 by providing volunteers to assist with sorting, inspecting and boxing food for Children’s Feeding Programs.

Business software giant SAP has been going beyond its traditional enterprise resource planning specialty to expand into areas such as supply chain management, travel and expense management, and the Internet of Things.

The Financial Accounting Standards Board has issued an accounting standards update making it easier for companies to transition to the equity method of accounting.

With a 400 percent surge in reported phone and email phishing and malware schemes this tax season, the American Institute of CPAs is working with Congress, the Internal Revenue Service and its members to combat tax-related identity theft and tax return fraud.

The owner and operator of Grant Tax Service, a tax preparation business in Vineland, N.J., has been indicted by a federal grand jury on 18 counts of aiding and assisting in the preparation of false tax returns and five counts of filing false income tax returns.

Lee Klumpp of BDO USA describes in this video the trends in accounting standards that not-for-profit organizations are dealing with.

Avoid wasting both your time and your candidate’s time the next time you decide to hire an accountant. It’s easier than you might think and starts with developing a clear, focused and well written job description.

Mergers and acquisitions are prompting companies to take risky accounting maneuvers, warns a new report from Deloitte.

EY and EMC announced a strategic alliance to provide clients with tools and service offerings for their strategic initiatives and technology implementations.