Slide Show: 10 Stories That Shaped the Profession in 2012

Our editors' picks for the 10 biggest stories in public accounting in 2012. Read more »

Fashion & Finance: Manners Matter

When we discuss one’s style in the workplace, it’s not just about your prevailing mode of expression through clothing, shoes,... Read more »

Anxiously Awaiting the Next Episode of the Fiscal Cliffhanger

The so-called fiscal cliff has politicians in Washington performing the political equivalent of a soap opera as they leave the country in suspense... Read more »

ParenteBeard Promotes Jill Martin to Partner

“As a new partner, Jill will enhance ParenteBeard’s ability to serve this important client base as it navigates the challenges of the... Read more »

News

Time Is Short for Cliff Deal, Lawmakers Say

Time is running out for U.S. lawmakers and President Barack Obama to agree on a budget deal by year end to avoid triggering more than $600 billion in tax increases and spending cuts, various lawmakers said. Read more »
Government News

SEC Approves Standard on Audit Committee Communications
FASB Releases 2013 GAAP Taxonomy

The Financial Accounting Standards Board has released the 2013 U.S. GAAP Financial Reporting Taxonomy. Read more »
Beswick Officially Named SEC Chief Accountant

Paul Beswick is the Securities and Exchange Commission’s new chief accountant. Read more »
FAF Adds 3 Trustees, Loses 1

The Financial Accounting Foundation has appointed Charles Cox, John Dugan and Teri List-Stoll to its Board of Trustees, and accepted the resignation of Mary Stone, who earlier this month was accused of improprieties by the SEC. Read more »
Deadlines Near on PTIN Renewal

Professional tax return preparers must renew their PTINs to prepare returns in 2013, the IRS said in a reminder to preparers. Current PTINs expire December 31. Read more »

Grant Thornton Int'l Reports Double-Digit Growth

Grant Thornton reported global revenue growth of 10.4 percent in U.S. dollars, to a record $4.2 billion, for the year ended Sept. 20, 2012. Growth in local currency terms was even higher, at 13.2 percent. Read more »
FASB Proposes More Timely Recognition of Expected Credit Losses

The Financial Accounting Standards Board has released a proposal for comment to improve reporting on expected credit losses on loans and other financial assets held as investments by banks, financial institutions and other public and private organizations. Read more »
New York Firms Pair Up

Jay R. Horowitz CPA PC and Miller & Co. LLP, of Manhattan, have agreed to merge. The deal will take effect on Jan. 1, 2013. Read more »
AICPA Releases Online Audit Risk Assessment Tool

The American Institute of CPAs has developed an online Audit Risk Assessment Tool to help focus in on the potential risk of material misstatements in a financial statement audit due to fraud or error. Read more »
Tax Season Essentials

CCH SFS Urges Tax Pros to Reach Out
Feds Charges Swiss Bankers with Tax Conspiracy

The U.S. Attorney for the Southern District of New York earlier this week charged three current and former client advisors at Swiss bank Zuercher Kantonalbank with conspiring to hide more than $420 million in offshore accounts from the IRS. Read more »

Insights

Emily Burns Perryman

Fashion & Finance: Manners matter

December 21, 2012

AICPA announces Accounting Competition champs

Students at the University of Texas at Dallas are this year’s American Institute of CPAs Accounting Competition champions, receiving $10,000, with Albion College students taking second and $5,000 and North Carolina State University bringing home $2,500 for third. Read more »
December 20, 2012

TaxACT giving away relief to indebted students

TaxACT, provider of digital and download tax preparation solutions, recently announced a Facebook-based Student Loan Relief and Cash Prize Giveaway Sweepstakes for students trying to pay down their school debt. Read more »
December 19, 2012

PwC, Dallas Mavericks plant "Trees for Threes"

PwC’s Dallas office partnered with the Dallas Mavericks for a third year to plant “Trees for Threes,” a program that’s part of the basketball team’s Guard the Planet initiative. Read more »
December 18, 2012

ConnectWise makes holidays happier for families in need

ConnectWise, a Tampa, Fla.-based software developer for IT service providers, VARs, ISVs and MSPs, is celebrating the season by donating holiday gifts and meals to local children and families in need through the nonprofit Success 4 Kids & Families. Read more »
December 17, 2012

NYSSCPA volunteers assist Sandy victims

New York State Society of CPA members are providing pro bono services to small business owners affected by Superstorm Sandy over the next three months. Read more »
December 14, 2012

Fashion & Finance: Manners matter

When we discuss one’s style in the workplace, it’s not just about your prevailing mode of expression through clothing, shoes, accessories, or your physical appearance, but about the way you conduct yourself in the business space. Read more »

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Intacct's Peyton Burch on Moving Accounting to the Cloud

December 5, 2012

Intacct senior channel executive Peyton Burch discusses the advantages of running accounting software from the cloud with Accounting Today managing editor Tamika Cody and how his company is converting its software to cloud computing apps.

SLIDE SHOW

10 Stories That Shaped the Profession in 2012

December 19, 2012

Our editors' picks for the 10 biggest stories in public accounting in 2012

Most Unusual Sick Day Excuses

December 17, 2012

Employees came up with some memorable alibis for calling in sick to work, according to a recent survey for CareerBuilders by Harris Interactive.

What Not to Do at the Office Holiday Party

December 13, 2012

With the holidays come parties, and with parties come opportunities to create good, or bad, impressions.

Tax Stats: December 2012

December 10, 2012

Our monthly collection of statistics from the world of tax, from Beyond415

Best Firms to Work for 2012

December 7, 2012

Our annual list of the best workplaces in accounting

2012 Holiday Gadget Wishlist

November 29, 2012

This year's must-have tech tools for office and home.

Accounting Today Growth & Profitability Summit 2012

November 19, 2012

Accountants, tax practitioners, technology experts and industry leaders converged on Boca Raton, Fla., for Accounting Today's third annual Growth & Profitability Summit.