The Latest

The Internal Revenue Service needs to take additional steps to improve security at some of its facilities, according to a new report that found an increase in threats to IRS employees in recent years.

The National Association of State Boards of Accountancy has appointed a new chairman and board of directors for 2013-2014.

The Private Company Council has voted to finalize an alternative standard for private companies to use when applying variable interest entity guidance to common control leasing arrangements.

Nonprofit accounting software maker Blackbaud Inc. has named Michael Gianoni president and chief executive officer, effective January 13, 2014, replacing interim president Anthony Boor.

U.S. and French officials signed an intergovernmental agreement Thursday to advance the implementation of the Foreign Accounting Tax Compliance Act.

John Dailey, a partner at Bowman & Co., was recently elected Northeast Regional Director of the National Association of State Boards of Accountancy.

The head of the Internal Revenue Service’s small business unit said his division expects to move from focusing on audits of small corporations to partnerships.

The Internal Revenue Service has admitted to mistakenly assessing penalties on businesses that had requested extensions on filing the Form 5500 for their employee retirement plans.

Rich Stovsky, U.S. Private Company Services Leader at PricewaterhouseCoopers, discusses some of the main global trends that accounting firms should advise their private company clients to consider to help them build their businesses, in an interview with AccountingToday.com editor-in-chief Michael Cohn.

Michel Prada, chairman of the IFRS Foundation Board of Trustees, which oversees the International Accounting Standards Board, took countries like the U.S. and Japan to task for taking what he called an “à la carte” approach to accounting standards by not fully embracing International Financial Reporting Standards.