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The IRS is refunding test fees to those who took the Registered Tax Return Preparer test.

The global economy is showing stronger signs of improvement in the first quarter of the year, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

Employers are changing their hiring patterns for accounting staff, according to one expert, increasingly looking for permanent staff or bringing in temps that they hope to convert into full-time employees.

The Financial Accounting Standards Board has released an accounting standards update that makes targeted improvements in the disclosure requirements for insurance companies that issue short-duration contracts of typically one year or less.

A phone call between a taxpayer and an Internal Revenue Service collection employee was broadcast on Howard Stern’s Sirius XM radio show when the IRS employee accidentally put himself on hold after calling into Stern’s show.

Financial executives are experiencing a steady rise in salary and benefits, thanks to the improving economy and stiffer competition for top talent, according a new survey.

Armanino LLP, the largest independent accounting and business consulting firm based in California, will hold its community outreach program, "The Great Give," by closing its offices and sending employees into their communities to volunteer this Thursday.

A post-implementation review of the Financial Accounting Standards Board’s standard addressing ownership interests within a company’s subsidiary found that the 2007 standard has achieved its purpose and provides useful information to users of financial statements, although there is some room for improvement.

The House of Representatives voted to revive the tax credit for corporate research and make it a permanent feature of U.S. law.

Baruch College in New York brought together the former chairman of the Financial Accounting Standards Board, Bob Herz, and the former chairman of the International Accounting Standards Board, Sir David Tweedie, last month to discuss the evolution of accounting standards and the convergence process.