The Latest

IBM’s Ginni Rometty is grappling with the second federal probe into revenue recognition in as many years—evidence of the accounting challenges technology companies like hers face as they shift from selling hardware to software services.

We all can relate to new clients asking us questions during the initial meeting. Sometimes we think we are ready for them and other times we may not be.

Tim Gearty of Becker Professional Education talks about which skill sets will be most important for CPA candidates to be familiar with when preparing for the Uniform CPA Exam, in an interview with Accounting Today editor-in-chief Daniel Hood.

SurePayroll has released the October edition of its Small Business Scorecard just in time for Halloween.

The AICPA and NAF announced on Wednesday a new program that aims to educate and prepare a diverse workforce ready to enter the profession. The AICPA/NAF Recognition Program looks to combine multiple learning platforms and experiences specifically designed to engage NAF Academy of Finance high school students concentrating on accounting, early in their career decisions.

Crowe Horwath LLP has issued a year-end tax-planning guide with information on income tax deductions, investments, retirement and estate planning and tax rates, along with what to do about the uncertain state of the tax extenders legislation in Congress.

The American Institute of CPAs’ Auditing Standards Board has issued a new auditing standard on internal control and an interpretation related to the sustainability financial statements used by the government for long-term projections of social insurance programs.

The Internal Revenue Service’s Information Reporting Program Advisory Committee issued its annual report for 2015, with numerous recommendations including changes in the IRS’s Taxpayer Identification Number Matching Program.

House Oversight and Government Reform Committee Chairman Jason Chaffetz, R-Utah, and 18 Republican members of his committee have introduced a resolution to begin proceedings in the House to impeach Internal Revenue Service Commissioner John Koskinen.

South Korea will draw up measures to increase transparency to the accounting methods used by construction and shipbuilding companies to prevent them from running up huge losses when projects are delayed.