Joseph Bryson discusses the growing acceptance of international standards for accountants around the world.

The AICPA chief calls for the profession to get ahead of change by building new visions of itself.

The Institute of Management Accountants unveiled an exposure draft of its enhanced Management Accounting Competency Framework at the kickoff of its annual conference Sunday in Indianapolis.

The good times continue to roll for management consultants, especially with tax reform.

Originally estimated at $180 million, the tax software company’s initial public offering has brought in almost $285 million.

The Financial Accounting Standards Board’s Emerging Issues Task Force has made decisions on some new rules.

Grant Thornton names first national managing principal of innovation; Postlethwaite & Netterville promotes three to director; and more personnel and CPA office news.

Limited guidance from the IRS and accounting standard-setting bodies has led to a divergence in interpretation and practice for inventory valuation within the scope of business combinations.

The Internal Revenue Service and the Treasury Department are going to amend the Section 987 regulations to postpone them for another year.

The American Institute of CPAs sent a list of more than 150 recommendations for the Internal Revenue Service to add to its Priority Guidance Plan where it would like to see the IRS provide more clarity, with a particular spotlight on the Tax Cuts and Jobs Act.