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  • Accountants to hold national confab (Sun Star)     
    THE Philippine Institute of Certified Public Accountants will hold its 63rd Annual National Convention in Davao City next week. In a statement, Thelma Ciudadano, Picpa-Davao Chapter president, said the theme for this year is "Vision in ONE (Optimum, New Order, and Empowerment)."
  • Firms Preparing for New Standards (SmartPros Accounting)     
    A switch to International Financial Reporting Standards would bring the United States in line with more than 100 countries, including all of Europe. For corporations with a global presence, the transition to a single accounting language should streamline the financial reporting system.
  • Intuit shares rise; analyst sees solid tax segment (AP via Yahoo! Finance)     
    Intuit Inc. shares climbed Friday, a day after the company reported solid quarterly results, as an analyst said the maker of tax preparation software may benefit from consumers switching to its products from paid accountants in a tough economy.
  • Fair value: the pragmatic solution (CNN Money)     
    Bookkeeping rules have taken a lot of heat in this year's financial meltdown. But some accountants have an idea that could cool the debate over so-called fair value accounting.