PCAOB May 29, 2026
PCAOB Establishes Inspections Modernization Council
The Public Company Accounting Oversight Board is forming a new advisory panel as the regulator looks to modernize how it inspects the work of public company audit firms.
July 28, 2014
Higher Minimum Wages Cause Many Restaurants to Shift Practices
When California's minimum wage jumped from $8 to $9 on July 1, owners of restaurants, coffee shops and bars braced for the fallout. They would either have to bump up prices and risk losing customers or absorb the hit and deal with slimmer margins.
July 26, 2014
Feds Charge Pennsylvania Woman with Embezzling $562K
Felicia Anne Straub knew that her boss suspected someone was embezzling from the Whitehall Township repo business where she worked as an office manager.
July 22, 2014
Pay Raises for Recent College Grads Fall Short of Average
Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found.
July 22, 2014
Improving ‘Quits Rate’ Shows Workers Have More Confidence in Job Market
Five years into recovery from the Great Recession, the economy is still too weak to stimulate the kind of dynamic labor market in which workers routinely move from one employer to another, building their careers and bank accounts and advancing the nation's long-term growth prospects.
July 22, 2014
Michigan Supreme Court Allows Three-Factor Apportionment for Business Tax
On July 14, 2014, the Michigan Supreme Court ruled that the Multistate Tax Compact (MTC) election applies to both the modified gross receipts and net income tax bases in International Business Machines v. Michigan Department of Treasury.
July 21, 2014
FASB Redesigns Technical Agenda Website
The Financial Accounting Standards Board (FASB) today relaunched its technical agenda web page to provide a more user-friendly graphic overview of each Board project and enable visitors to better understand how individual projects relate to the Board’s overall activities. The new plan is found at fasb.org/technicalagenda.
July 21, 2014
AICPA Tells Congress to Expand Use of Cash Accounting Method
The American Institute of CPAs has voiced its support for expanding the availability of the cash method of accounting to small businesses.
July 21, 2014
Ex-Cons Get Boost to Start New Businesses
Ted Stanton lives in a 120-square-foot subsidized room in the Tenderloin district of San Francisco, which he has converted into an incubator for his candy startup, Good Karma Karamels.
July 21, 2014
Washington Residents Can Nominate Small Businesses for Award
Do you live in Washington State and know of a local business that does a lot in your community? The Washington Secretary of State is now accepting nominations for the 2014 Corporations for Communities Award.
July 21, 2014
Former Director of Georgia State Fair Convicted of Embezzlement
Jurors deliberated about 90 minutes before finding the former Georgia State Fair director guilty of fiduciary theft. The trial began Monday in Bibb County Superior Court.
July 21, 2014
Are Marijuana Vending Machines the Next Step? Doctors are Asking for Them
Are vending machines the next step for marijuana distribution and sales?
July 18, 2014
Kashoo Launches New iPhone App
Cloud accounting software maker Kashoo has released a new iPhone app that gives small business owners the ability to manage their finances from anywhere.