Latest Articles

January 11, 2013 

KPMG’s Audit Committee Institute recently published its “Audit Committee Priorities for 2013.” The agenda aims to help audit committees remain focused on their top priorities and meet the governance challenges they will face this year. “The audit committee’s agenda is not getting any lighter,” notes Dennis T. Whalen, ACI’s Partner in Charge and Executive Director....…

January 10, 2013 

After more than a decade of financial strife, teacher cutbacks, employees paid with IOUs and the recall of one governor, California Governor Jerry Brown unveiled the state's latest finances. The surprise for many: A budget surplus of about $851 million.

Isaac M. O'Bannon

January 10, 2013 

Until a recent class action settlement between the nation's largest retailers and biggest financial institutions, most credit card-issuing banks prohibited merchants accepting their cards from adding swipe fees on top of a customer's total. The fees are instead paid directly by merchants, and are usually 1.5 to 3 percent of a transaction.

January 10, 2013 

NetSuite Inc. has announced the aquisition of Retail Anywhere, a leading provider of multi-channel retail management solutions designed to improve the retail customer experience. NetSuite is a developer of cloud-based financial accounting, business management and ERP systems.

January 10, 2013 

Federal tax credits for energy-efficient home improvements are back. Reinstatement of the popular credits was a little-noticed part of the American Taxpayer Relief Act, the last-minute legislation that kept America from tumbling over the fiscal cliff at the start of the year.

January 10, 2013 

Aalysis reveals that an increased number of internal auditors will receive raises, specialized skills and certifications yield higher salaries, and employers are increasing their focus on work-life balance.

January 10, 2013 

The governor of Virginia has thrown a new wrinkle into a Maryland debate by calling for abolition of the commonwealth’s gas tax and increasing the sales tax to pay for roads and transit, a move that would alter the competitive balance between the two states. This week’s proposal by Gov. Bob McDonnell, a Republican, is...…

January 10, 2013 

Texas saw its sales tax collections rise again in December, with revenue of $2.17 billion, an increase of 9.4 percent over the same month last year, the state comptroller's office said Wednesday.

January 10, 2013 

Some cities and towns in southern Arizona say the recommendations by the Arizona Tax Simplification Task Force could them millions of dollars.

January 10, 2013 

On his way into the Vistakon manufacturing plant in Jacksonville, Florida Governor Rick Scott went past heavy equipment operators building a new parking lot for the expanding campus.

January 10, 2013 

An unexpected boost in state revenue has prompted the state's Republican leadership to embrace the possibility of tax relief during the just-started 83rd Legislature, but critics of the idea say the money should first be used to restore state services that underwent deep cuts two years ago.

January 10, 2013 

Sales tax tech vendor Avalara has acquired UPC Matrix Master.