Below please find daily updates pertaining to the latest in financial, business, and tax news:
bizjournals Accounting & Consulting:General headlinesFor government contractors, Obama means more oversight
Cuts in federal spending are not the only thing government contractors should be worrying about. The incoming Barack Obama administration is expected to push for fundamental changes in the way government does business with vendors, potentially making it harder for federal contractors to win taxpayer dollars.
Despite down economy, local and regional accounting firms grow
The field of accounting has changed radically over the years, as have the firms that practice its science and art. It is a major part of one of the state’s picks – professional services – as a targeted high-paying growth cluster.
Trends in accounting include mismatch of supply and demand
One of the most notable changes in the history of accounting was the passage of the Sarbanes-Oxley Act of 2002, also known as SOX.
Follow the cash: Forensic accounting is a hot field
Fraud, misrepresentation, bad acts, scandals — that’s meat and potatoes for a forensic accountant.
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