Illinois CPA Society holds 2018 'Internship Preparation' program

Over two dozen minority accounting students took part in the three-day event featuring sessions with top firms.

RSM US to acquire SecureState

RSM US LLP has signed an agreement to add the leaders and staff of SecureState, a security and privacy consulting firm based in Cleveland, and acquire substantially all of its assets.

Blackstone to buy Thomson Reuters unit in a $20B deal

A group led by Blackstone Group LP agreed to buy a majority stake in Thomson Reuters Corp.’s financial and risk unit in a deal that values the business at $20 billion, sealing plans for the firm’s biggest buyout in a decade.

Art of Accounting: Free tax season checklists

Checklists are a method of developing a technique where the right things will be done the right way, in the right order.

IMA marks 100,000th member

The Institute of Management Accountants has reached a milestone of 100,000 members for the first time in the IMA’s near century of operation.

IRS opens 2018 tax season

The Internal Revenue Service began the 2018 tax filing season Monday as the agency plans to receive more than 155 million tax returns this year.

Accounting software adoption is growing at breakneck speed

In 2017, 37 percent of companies that bought accounting software were doing so for the first time.

KPMG audits of collapsed builder Carillion probed by U.K. accounting regulator

The U.K. Financial Reporting Council opened a probe into KPMG LLP’s audits of Carillion Plc, after the builder collapsed under a mountain of debt earlier this month.

Moss Adams leads in Q4 2017 SEC engagements

A merger with Denver-based Hein gave the West Coast giant 33 new clients.

Tax reform means tough times at the IRS

Keeping up with the latest legislative changes is putting serious pressure on the cash-strapped, staff-starved service.