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Large, privately held companies in the United States are outpacing their publicly traded counterparts in two key performance metrics, sales growth and profitability, according to an analysis of financial-statement information from 2010 to 2014 by the financial information company Sageworks.

Councilor, Buchanan & Mitchell, P.C. (CBM) has donated more than $1000 to the Housing Opportunity Community Partners (HOCP) in CBM's first annual School Supplies Drive.

Small businesses with one to 10 employees saw a month-over-month increase in hiring of one-tenth of a percent this month, according to the payroll provider SurePayroll.

Hewlett-Packard Co.’s plan to pay shareholders’ lawyers as much as $48 million to help sue former Autonomy Corp. executives was rejected by a judge who said such a provision shouldn’t be part of an accord shielding the company’s management from claims over the botched acquisition.

The Internal Revenue Service recovered $576 million in erroneously issued tax refunds last year thanks to outside tips provided by financial institutions and other sources such as tax preparers, more than double the amount from three years ago.

Burger King Worldwide Inc. agreed to acquire Tim Hortons Inc. for about C$12.5 billion ($11.4 billion) in a deal that creates the third-largest fast-food company and moves its headquarters to Canada.

Finding and retaining quality staff is a top issue for accounting firms of many sizes.

The Securities and Exchange Commission has named James Schnurr, a former vice chairman at Deloitte, as chief accountant.

Steven Egna has been appointed partner at Teal, Becker & Chiaramonte

U.S. Wealth Management president and CEO John Napolitano discusses how accountants can help clients find opportunities for financial planning when preparing their clients' taxes, in an interview with Accounting Today managing editor Tamika Cody.