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The House passed a pair of bills Thursday to provide tax breaks to businesses.
June 12 -
The CPA brand remains incredibly strong, according to American Institute of CPAs president and CEO Barry Melancon, but the profession still faces challenges.
June 12 -
The Arkansas State Board of Public Accountancy has prohibited an accounting firm from changing the name of one of its offices to include the name of the late co-founder and president.
June 12
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Facing a series of budget cuts in recent years, the Internal Revenue Service is being urged to set a long-term strategy and use return on investment data to better manage budget uncertainty and set priorities at the agency, in a new report from the Government Accountability Office.
June 12 -
The Financial Accounting Standards Board has released a new accounting standard to address some of the problems with financial reporting on repurchase agreements, such as those that contributed to the demise of MF Global.
June 12 -
Xero has released its online practice management system Xero Practice Manager, providing job, time and invoice management for accountants and bookkeepers.
June 12 -
CohnReznick LLP and Boston-based Ercolini & Company have signed a letter of intent to combine practices. The deal is expected to close on June 30.
June 12 -
CFOs around the world are taking a more aggressive approach to spending and investment over the next year, but CFOs in the U.S. remain cautious amid concerns about regulations and political gridlock, according to a new survey by American Express.
June 12 -
ISACA, a global professional association serving 115,000 information systems assurance, security, governance and risk professionals, named Matthew Loeb its new chief executive officer.
June 12 -
The Public Company Accounting Oversight Board has made public additional portions of a 2010 inspection report on Ernst & Young and 2008 and 2009 inspections of Grant Thornton because the firms failed to adequately address some of the quality control problems that the PCAOB had identified within a year, although Grant Thornton claims the problems have since been addressed.
June 11

