Tax Strategy: Supreme Court rules on tax-exempt hospitals and church plans

A surprise ruling in an ERISA case reverses earlier courts.

The Spirit of Accounting: Innovation in financial reporting

Accounting standards — and accountants — are struggling to achieve relevance in the 21st century

The evolution of practice management software

Modern PM systems are growing to encompass more and more aspects of a firm.

Art of Accounting: Accounting firm metrics

I have always tried to run my practice as the business that it was. As such, I used certain numbers or metrics to evaluate how I was doing. I did this when I started out and every step along the way as my practice grew.

5 ways to make your accounting practice more memorable

Marketing an accounting firm to prospective clients can be a challenge.

U.K. regulator opens probe into PwC audits of BT’s books

The U.K. Financial Reporting Council opened an investigation into PricewaterhouseCoopers LLP’s audits of BT Group Plc over three years following an accounting scandal in the carrier’s Italian unit that led to a writedown of 530 million pounds ($687 million).

Ex-American Realty CFO Block convicted of accounting fraud

The former chief financial officer of American Realty Capital Partners Inc. was convicted of misleading investors by falsely inflating a key financial metric used to evaluate the performance of the real estate investment trust.

IRS opens Country-by-Country Reporting site online

The Internal Revenue Service has created a new section on its website dedicated to information on the Country-by-Country Reporting rules of the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting project, which aims to discourage tax avoidance by multinational companies.

Senate GOP leaders said to aim for new health plan in two weeks

Senate Republican leaders trying to break a logjam on their proposed health-care legislation are working with congressional budget officials to examine the impact of various changes they’re considering, a process that could take about two weeks, according to a GOP aide.

CFOs losing sleep over financial reporting

The financial reporting process keeps 97 percent of CFOs awake at night, according to a recent survey, with only 3 percent of the senior finance execs polled saying they don’t lose any sleep over their organization’s reporting processes or deadlines.