The Latest

Deutsche Bank AG was accused of using underfunded shell companies to evade U.S. taxes in a government lawsuit seeking $190 million in taxes, penalties and interest.

Securities and Exchange Commission officials told CPAs Monday that they are considering allowing U.S. companies to provide some information, such as revenue, in International Financial Reporting Standards as a supplement to their U.S. GAAP financials on a voluntary basis.

Innovation requires change, and many of us resist or are reluctant to change. But hopefully not me.

Top 100 Firm McGladrey LLP has signed a definitive agreement to acquire substantially all the assets of Fesnak LLP in Philadelphia.

A California CPA who allegedly defrauded a New Jersey religious facility out of more than $4 million faced his initial court appearance Monday.

On Monday, Thomson Reuters announced the launch of a new sales lab for Michigan State University students, in partnership with MSU’s Eli Broad College of Business. The opening was marked by a ribbon-cutting and appreciation ceremony on December 5 at MSU’s Lear Corporation Career Services Center.

Dr. Chandra Bhansali, founder of AccountantsWorld, describes how cloud technology will change the way accountants do business, in an interview with Accounting Today editor-in-chief Dan Hood.

Nearly four out of five CPAs in public accounting believe they will play a key role in preparing their clients for complex challenges in the decade ahead but realize they must understand and embrace emerging innovations, according to a new study commissioned by CPA.com, the technology and business arm of the American Institute of CPAs

The IRS recently updated the Health Insurance Marketplace page on IRS.gov.

Just in time for the season of giving, social gaming company Vouchr’s newly launched app Surpriise offers a giving platform for a variety of gifts, experiences and services that could come in handy for that next round of employee appreciation.