Accounting groups band together to protest Ed. Dept. downgrade
Nine organizations wrote to the Department of Education expressing opposition to rules excluding accounting from recognition as a professional degree program.

IIA issues requirements for organizational behavior
The Institute of Internal Auditors has released its latest "topical requirement," this time on organizational behavior as part of a company's culture.

Doeren Mayhew acquires TBK CPA
The Top 50 Firm based in Troy, Michigan, has completed its fourth acquisition in Houston this year and its 10th across the country.

PE: 'Cancer' — or cure?
The accounting profession is seriously divided over the value of private equity, and its potential impact on the profession.

FASAC appoints new members
The Financial Accounting Foundation's board of trustees appointed 13 new members to the Financial Accounting Standards Advisory Council.

How to think about preparation of R&D tax credit documentation
There have been significant changes in the way in which the IRS is now dealing with R&D tax credits and viewing how they're documented.

Tax is major deal-shaper for private companies
Private company leaders looking to sell reported that tax on recognized gains (88%) and transfer taxes (87%) were major concerns, per a Deloitte survey.

Taking a gamble on prediction market taxation
With no guidance available, tax practitioners and their clients have to figure out how much risk they want to take.

Xero shifts to tiered pricing model for developers
Xero plans to shift third party app developers from a revenue share commercial model to a new tiered-pricing structure based on API usage and connections.

PrimeGlobal combined revenue grows 19%
PrimeGlobal member firms' total revenue increased 19% year-over-year to $6.4 billion.