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While other parts of the nation’s economy cools, demand for new homes still rise as mortgage rates drop. Purchases climbed to a 369,000 annual rate, the most since April 2010 and up 7.6 percent from the prior month.
Learn MoreTaxpayers across the country have been stuck with the tab on several bonds. Basically, they have to pay when certain enterprises can no longer pay their debts. So how did this happen? Typically, officials sign taxpayers up unknowingly to backstop the bonds of independent authorities, the special bodies of government that run projects like toll
Learn MoreThe IAASB is investigating whether auditors should include more information in the final audit reports to investors. The board recently made improving auditor disclosure to investors its top priority after the financial crisis.
Learn MoreLast month in Washington, CPAs translated federal finances into terms that the general public could understand. Even with much controversy and indecision in Congress, the AICPA is not taking sides in a political debate over fixes.
Learn MoreMany companies are jumping on the vending machine bandwagon. Chips, candy, and soda have some new competition. Charles Nelson, cofounder of Sprinkles cupcake chain, says, “We pay rent 24 hours a day. Why not be able to sell our product 24 hours a day?”
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