The Latest

Just over half of businesses are unprepared to deal with security breaches to notebooks, tablets and smartphones used under “Bring Your Own Device” policies, according to a new survey.

A post-implementation review of the Financial Accounting Standards Board’s fair value measurement standard by FASB’s parent organization found the standard generally met its objectives, even though some investors have difficulty understanding fair value information provided in the financial statements, and their level of satisfaction with the information varies.

About 52 percent of Americans intend to spend their annual tax refund on necessary expenses such as loans, credit cards and other household expenses, while another 30 percent plan to put the money into savings and only 8 percent plan to invest the tax refund money, according to a new survey.

Prabhakar Kalavacherla has rejoined KPMG LLP as a partner in the audit quality and professional practice group in the firm’s San Francisco office.

The Sustainability Accounting Standards Board has issued provisional standards for seven industries in the financial services sector.

Irvine, Calif.-based accounting firm White Nelson Diehl Evans hosted an inaugural “Cowboy Friday” in January, with 33 WNDE staff members dressing in Western attire.

Sage North America has launched Sage One Invoicing, a new cloud solution for small businesses and entrepreneurs.

Taxpayer satisfaction with personal interactions with the Internal Revenue Service remained high despite high-profile controversies in the past year, but there has been some decline in public support for IRS funding, according to an annual survey of taxpayer attitudes.

The American Institute of CPAs has sent a letter outlining a set of legislative proposals to the leaders of Congress’s two main tax committees, the House Ways and Means Committee and the Senate Finance Committee, recommending ways to simplify the tax laws and make them fairer.

A blue ribbon panel of public policy experts has released a set of recommendations to address the problem of underfunded public pensions.