The Latest

Let’s not kid ourselves. Financial statement auditing as we know it is facing a crisis of relevance in today’s capital markets.

As 2014 draws to a close, there may be more planning opportunities than ever before, but also more traps for the unwary, according to Grant Thornton LLP.

U.S. Wealth Management president and CEO John Napolitano discusses the key elements in building a holistic financial plan for clients and their families, in an interview with Accounting Today managing editor Tamika Cody.

The Internal Revenue Service’s Office of Safeguards is not doing enough to protect the federal tax information that it is required to disclose to other government agencies, according to a new report.

The American Institute of CPAs is getting ready to roll out its long-awaited update of compilation and review standards for CPAs, Statement on Standards for Accounting and Review Services No. 21 (SSARS No. 21), one of the most significant revisions in non-audit standards in the last 35 years.

Intuit unveiled its new QuickBooks Online Accountant during the VIP reception to kick off the company’s inaugural QuickBooks Connect conference Tuesday.

The final day of the American Institute of CPAs’ 2014 Fall Meeting of Council in Boston saw the AICPA Nominations Committee induct the next class of Board and Council members, including newly elected 2014-15 chair of the board Tommye Barie.

O’Connor Davies LLP, a New York City-based CPA firm, said Tuesday it would merge with Perl & Asch CPAs, P.C., a 26 year-old practice in Purchase, N.Y., effective Jan. 1, 2015.

A majority of board members at public companies want Congress to pass broad-based tax reform legislation to address corporate tax inversions, according to a new survey.

Last week I told the story of how we were hired to prepare corporate tax returns at a much higher fee than the client said they wanted to pay. This client grew to become our largest client. Here is how it happened.