The Latest

Alfred Sloan Award recipients, new website and Camden, N.J. has a new auditor

The Financial Accounting Standards Board has issued a proposal that would exempt many private companies from applying the stringent consolidation guidance under U.S. GAAP to leasing companies under common control.

Nonprofit accounting software provider Abila has acquired nonprofit-focused social CRM provider Avectra for an undisclosed amount, just one month after officially changing its name from Sage Nonprofit Solutions.

JTH Holding Inc., the parent company of Liberty Tax Service, said it has received a letter from the Nasdaq Stock Market indicating it was not in compliance with Nasdaq’s continued listing requirements.

Nearly a third of consumers who work with financial advisors confess they have not told their advisors critical information that could affect their finances, according to a new survey.

Democratic U.S. Representative Chris Van Hollen sued the Internal Revenue Service to force the agency to adopt regulations that mirror federal law on determining whether a group should be given tax-exempt status.

Intuit Inc. reported fourth quarter revenues of $634 million, up 11.8 percent from the prior year yet under Wall Street estimates of $658.0 million and below management’s guided range of $702.0 million to $727.0 million.

A former partner with Grant Thornton has pleaded guilty in a Manhattan federal court to stealing nearly $4 million in client payments.

The Internal Revenue Service has sent letters to thousands of small business owners recently, questioning whether they underpaid their taxes last year.

Open Systems Inc. has expanded to the Pacific Northwest with the purchase of longtime reseller MicroAccounting Systems Inc.