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Lynne Doughtie will succeed John Veihmeyer as CEO in July. Scott Ozanus has been re-elected as deputy chairman and COO.

One in four Americans (25 percent) fell victim to information security breaches in the past year, according to a new survey from the AICPA conducted by Harris Poll. This statistic represents more than double the number of people (11 percent) who reported being victimized in a similar survey taken just over a year ago.

Even though the economy is doing relatively well this year, that doesn't mean the average person isn't still worried about their own financial outlook.

Self-created obstacles to accounting firm growth

I was recently in Manhattan during lunchtime and thought I would drop in at a CPA firm I did some consulting for to see if anyone was available to have a quick lunch with me.

Deloitte will serve as one of this year's sponsors of the Glass Half Full event in Denver - an annual fundraiser presented by Greenhouse Scholars - the firm announced last Friday. Greenhouse Scholars is a non-profit that supports, inspires and drives exemplary but under-resourced college students to become community leaders with the potential to change the trajectory of lives and communities around the globe.

Scott Fleszar of Thomson Reuters Tax & Accounting talks with Dan Hood of Accounting Today about why accounting firms should be more proactive in using new technology.

PricewaterhouseCoopers has agreed to pay $65 million to settle claims over its audits of the failed investment company MF Global.

Xero introduced a new Find & Re-code tool that enables bookkeepers and accountants to easily find and fix transactions that have been miscoded or need to be re-coded.

The Financial Accounting Standards Board released two accounting standards updates last week, one of which covers the fees paid for cloud computing while the other applies to defined benefit obligations and plan assets.