Financial reporting

Since taxes based on income don't produce as much revenue during a recession as they do during good times, transaction taxes, including sales and use taxes, become even more important to a state's ability to fund its obligations.

An overview of recent accounting firm mergers

The Affordable Care Act is real. It's law. And it's moving forward. That's a fact. And, while so many businesses are figuring out how this change in health insurance law will affect them, many others are doing what Americans do best: figuring out how to profit.

Get to know Darlene Finzer, Accounting Today's inaugural Accountant of the Month

New books, software and hardware of for accountants

Grant Thornton's Stephen Chipman on the new Private Company Council

Does your firm have values that it lives up to? The best ones do

There is a constant topic of conversation both inside firms and at almost every conference: It is the age-old question of partner compensation and "how do you do it."

Accounting firms can increase their growth by leveraging their mature niches

A roundup of accounting news from the previous month

Accounting firm alliances and networks are leveling the field for international work

Top stories of the previous month from the world of accounting resellers

Odds have now turned against those hoping that the health care law passed in 2010 will "just go away."

The Financial Accounting Standards Board has issued a staff paper with recommendations on which criteria and circumstances should be used to determine when it is appropriate to adjust U.S. GAAP reporting requirements for private companies.

The American Institute of CPAs and the American Accounting Association released a report Tuesday charting a course for the future of accounting education.

Critics of fair value accounting have indicted it as being the cause, or at least having exacerbated, the global financial crisis of 2007-2008.

The Financial Accounting Foundation is seeking people who would like to participate in a post-implementation review survey of how well its business combinations standard has worked.

The International Accounting Education Standards Board has released a proposed revision of its professional development standard for educating accountants in values, ethics and attitudes.

Top 100 Firm Weaver LLP promoted a half dozen employees to partner, with Jayna Bovre named partner-in-charge of the Fort Worth office.

The Financial Accounting Standards Board has issued an accounting standards update intended to simplify the testing of indefinite-lived intangible assets, such as trademarks, licenses and distribution rights, for impairment.