accountants

H&R Block Earnings: A Narrower-Than-Expected Loss

H&R Block saw its revenue decline in the second quarter, but still managed to narrow its loss from a year ago and beat analysts' expectations. But will complications with the firm's Rapid Refunds chill its coming tax season?

N.Y. Court: You Still Can't Sue Lawyers for Clients' Fraud

New York's highest court just gave a big gift to accountants, lawyers, and any other outside professional in a position to detect fraud at one of their corporate clients: The court ruled that shareholders still can't sue them for failing to detect the fraud.