UHY merges in Del Conte

The Top 100 Firm is expanding further in Connecticut with its latest deal.


IRS sets new 5-year strategic plan

The Internal Revenue Service has a new five-year strategic plan for improving taxpayer service and tax administration.


Navigating the minefield of international invoicing and VAT compliance

For multinationals and companies with international vendors and customers, maintaining compliance can be a slippery slope fraught with curveballs and unforeseen regulatory changes.


IFAC updates guide for small and midsized accounting practices

The International Foundation of Accountants has released the fourth edition of its Guide to Practice Management for Small- and Medium-Sized Practices (the Guide) to help small and midsized accounting practices meet the challenges of the globalized digital world.


AICPA wants changes in IRS proposed rules for valuing inventory

The American Institute of CPAs has sent three recommendations to the Internal Revenue Service about modifying the IRS’s proposed regulations for inventory valuation.


KPMG is said to review its audits of Dubai buyout firm Abraaj

KPMG LLP is conducting an internal review into its audits of embattled Middle East buyout firm Abraaj Group following the alleged misuse of money, according to people with knowledge of the matter.


FAF posts annual report on FASB and GASB

The Financial Accounting Foundation has published its annual report on the Financial Accounting Standards Board and the Governmental Accounting Standards Board it oversees.


PCAOB shakeup continues with departure of chief auditor

Martin Baumann’s leaving follows last week’s resignation of inspections director Helen Munter.


Employees losing confidence about financial goals

Workers are forced to draw on their 401(k) retirement savings for more immediate needs, according to a new survey by PwC.


Thomson Reuters reports on state taxes on e-commerce

Thomson Reuters released a report Tuesday examining how states are imposing corporate income taxes on out-of-state e-commerce sites.