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John Raspante of NAPLIA explains in this video why failing to detect fraud is such a common claim in malpractice lawsuits against accountants and how to protect your firm against it.

The following is a short story I distribute to my beginning undergraduate accounting students and those graduate students who are finishing their master’s degrees. It is intended to stimulate their reading comprehension and ignite their critical thinking as to how numbers play such an important role in business as in life. It was influenced by a sermon a priest delivered many years ago at a service I once attended:

Mergers and deregistrations spark many moves.

The U.S. Supreme Court turned away appeals from three financial-services companies that sought to save a total of $1.5 billion by using a tax-avoidance strategy designed by Barclays Plc.

A group of mostly conservative public policy organizations have sent a letter to members of the House of Representatives asking them to oppose legislation that would require licensing of paid tax preparers.

Business payments company Bill.com announced the Bill.com Network to help companies pay and get paid quickly and securely via the cloud.

The Internal Revenue Service’s delays in processing taxpayer correspondence are lengthening, leading to delayed tax refunds and bigger interest payments from the IRS, according to a new report.

The internal audit function is increasingly providing significant value, according to a new report by PricewaterhouseCoopers.

Thumbtack, an online professional services marketplace, today released a new original report: “Beyond the Gig Economy: How New Technologies are Reshaping the Future of Work.” The report investigates the current "gig economy" - a market built on many short-term positions and employees - as well as examining the workforce of the future.

The Securities and Exchange Commission has accepted the Financial Accounting Standards Board’s 2016 GAAP Financial Reporting Taxonomy.