Rose Financial Services merges in Eubanks & Company

Virginia accounting firm Eubanks & Company has joined Rose Financial Services, a Rockville, Md.-based firm that focuses on finance and accounting outsourcing services.


IMA's first textbook aims to boost students' soft skills

The Institute of Management Accountants is looking to balance the more traditional focus on technical skills in new professionals.


BDO merges in Hilton Consulting

BDO USA has added Hilton Consulting, a Virginia-based consulting firm that helps federal government agencies improve their financial and operational performance.


AICPA drafts revenue recognition guidance for airline, gaming, hospitality and time share industries

The American Institute of CPAs’ Financial Reporting Executive Committee has issued 11 new working drafts to help four different industries deal with the upcoming revenue recognition accounting standard.


Sageworks publishes cash flow improvement guide

The financial information company Sageworks has released The Definitive Guide to Improving Cash Flow, a free e-book for accountants to help their business clients with liquidity.


Brexit, the end of the phony war

The U.K.’s exit from the European Union will bring major tax uncertainties for U.S. businesses trading in the U.K., or using it as a platform to trade into the rest of the EU.


Trump's tax overhaul keeps Congress waiting as questions pile up

Eight weeks ago the president said he would be releasing a “phenomenal” tax plan within two or three weeks. But there’s no sign of a plan yet, and mixed signals from the White House are imperiling Republican promises of speedy action.


Tax refunds are selling cheap on the Dark Web

A new report from IBM’s security research group sheds light on how tax scam emails are proliferating.


Democrats introduce bills to stem corporate tax havens

Rep. Lloyd Doggett, D-Texas, and Sen. Sheldon Whitehouse, D-R.I., have introduced legislation to discourage the use of corporate tax havens.


Accounting class-action lawsuits rose in 2016

Class-action securities lawsuit filings alleging accounting wrongdoing rose 33 percent to 93 last year, the highest level since 2008 and the fourth consecutive annual increase, according to a new report, while settlement values for accounting-related cases reached their highest level of the past nine years.