Information Technology

A new free iPhone and iPad app aims to help CPAs find quick answers to client questions, and serve as a directory of CPAs for the public.

Wall Street’s dependence on BlackBerry smartphones became painfully apparent as the network’s outage this week caused chaos throughout the financial sector, according to the New York Times.

Online coupon site Groupon.com was forced to halve its stated revenues as a result of what the company said were accounting errors that forced it to restate its financial results, according to the New York Times.

The Foundation for Accounting Education (FAE) provides numerous continuing professional education (CPE) events and courses designed for the various disciplines that combined make up the practice of accountancy. Wouldn't it be nice to have quick access to the topics specifically tailored to your particular educational needs?

Irish computer science researchers have discovered a correlation between the language financial reporters use to describe the market and the presence of a financial bubble, according to the Irish Times.

Law enforcement officials are struggling to deal with the newest tool used to hide ill-gotten gains resulting from criminal activities: prepaid credit cards. Drug traffickers and other criminals have taken to using prepaid, or stored-value cards, to quickly move around money in a way that, while less glamorous, is more practical than the briefcase full of cash often seen in movies, reported the Associated Press.

For those Americans curious where their tax dollars are actually going, the White House launched an online app, the “Federal Tax Receipt,” that provides a general breakdown of where the money is being spent, reported The Hill.

An audit conducted by the Treasury Inspector General for Tax Administration (TIGTA) in February found that the IRS needs to implement additional security measures to ensure the inviolability of sensitive taxpayer information transmitted through e-mail.

A California-based technology company, Silicon Economics, Inc. (SEI), is reissuing its complaint against the Financial Accounting Standards Board (FASB) for alleged antitrust violations and the supposed misappropriation of its patented method for streamlining financial statements.

Need to quickly check the status of a federal tax refund or look up a tax tip? The IRS has an app for that and it’s free.

The Federal Communications Committee today put its stamp of approval on new net neutrality rules that will, in its own words, “preserve the Internet as an open network enabling consumer choice, freedom of expression, user control, competition and the freedom to innovate.”

A recently released report from New York State Comptroller Thomas P. DiNapoli shows that the majority of the contracts made by state Department of Taxation and Finance went towards banking or information technology services. Auditors examining the department’s 81 contracts for personal and miscellaneous services found that more than 98 percent of them were devoted to either banking or information technology needs. The contracts, put together, totaled about $563 million.

As the market recovers from a near record drop yesterday, many, including the U.S. government, are wondering what exactly it was that caused the Dow Jones to lose nearly 1,000 points in the course of 15 minutes. Several different theories have emerged to explain the market’s near-death experience.

Apple Computers, the grammatically incorrect maker of innumerable products beginning with a lowercase ‘i', reported record fourth quarter earnings yesterday, its report to the shareholders showing a 47 percent earnings increase, which some have attributed to rising sales in products like the iPhone and iMac.