The Latest

At some time or another, we all have to make presentations.

The Internal Revenue Service is urging taxpayers to choose their tax preparer carefully, warning that some unscrupulous preparers are pocketing their individual health coverage payments under the Affordable Care Act.

More than a dozen Internal Revenue Service employees misused their government-issued charge cards, but the extent of the confirmed purchases totaled less than $600, while another case of potential misuse totaled less than $2,350, according to a new report.

American Institute of CPAs president and CEO Barry Melancon said the AICPA is pushing the Internal Revenue Service to improve its services for both taxpayers and CPAs while preparing to become a more international organization.

The Financial Accounting Standards Board has issued two proposed accounting standards updates to improve financial reporting by employers related to defined benefit pension and other post-retirement benefit plans.

Crowe Horwath has announced firmwide changes to its dress code (echoing other firm policies), as well as a new mobile working strategy. Rolled out in December, the two policies were designed for attracting and retaining talent both old and new.

The lease accounting standard that the Financial Accounting Standards Board plans to release this quarter is expected to have a major impact on many companies, requiring current off-balance sheet leasing activities to be reflected on balance sheets for the first time.

Accountants may work with the treasury management function at some corporations, and being able to share information across functions can help executives make better decisions about investments.

Johnson Controls Inc., already exiting the auto-industry’s supply chain after decades as a key player, is now seeking to shed its U.S. corporate citizenship in a multibillion-dollar tie-up with Tyco International Plc.

One time, one of my young and very bright staff people asked me in the beginning of June if he could take off the months of July and August so he could travel by car throughout the United States. After asking him to repeat this three times, I gulped and told him he could.