Auditing
KPMG China’s Mishaps Result in Three Audit Partners Being Fined By the PCAOB
The three KPMG Huazhen partners were docked a total of $150,000 for turning a blind eye to U.S. auditing standards.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Accounting
FASB Taps EY Partner as New Technical Director
Jackson Day, who is currently a partner in professional practice at EY, will begin his new role at the FASB this July.
Accounting
10 Most In-Demand Accounting Skills For 2024, According to Upwork
Not only are the 10 top skills for accounting provided by Upwork, but also the three fastest-growing skills in the profession.
Accounting
Field Set For 2024 Accountant Bracket Challenge
Voting for the first-round matchups in this year's ABC Tournament from Accounting High is underway and closes March 22.
Firm Management
JHM Merges in CPA Firm Harting, Bishop & Arrendale
The Chattanooga-based top 500 CPA firm is expanding its presence in eastern Tennessee by combining with HBA.
Firm Management
Grant Thornton Is the Latest U.S. Firm to Get Into Bed With Private Equity
The seventh-largest accounting firm in the U.S. said it will receive “a significant growth investment” from New Mountain Capital.
Taxes
Money Mule Networks Are on IRS Criminal Investigation’s Radar
Money mules are people who, at someone else’s direction, receive and move money obtained from victims of fraud.
IRS
Ex-IRS Commissioner Joins Tax Law Firm Chamberlain Hrdlicka
Charles Rettig, who served as IRS chief from 2018 to 2022, has joined the law firm's tax controversy and litigation practice.
Accounting
Bill on Alternate Path to CPA Licensure Gains Momentum in Minnesota Senate
The legislation, which moved to the state's Senate Finance Committee, would provide an option to licensure with 120 credit hours.
Taxes
IRS Direct File is Now Officially Open for Use in 12 States
The IRS moved the Direct File pilot out of the testing phase, allowing 19 million eligible taxpayers to use the free filing software.
Firm Management
CBIZ Acquires Tech Solutions Company CompuData
Philadelphia-based CompuData provides cloud computing, accounting ERP software, and other services to SMBs.
IRS
Recommendations Sought For Upcoming IRS Priority Guidance Plan
The projects included in the plan would be priorities for the Treasury and IRS to work on from July 1, 2024, through June 30, 2025.