Accounting
Ex-EY Director Agrees to Pay SEC $23,900 to Settle Insider Trading Charges
Michael Weiss bought clients’ shares ahead of earnings and acquisitions announcements on four separate occasions.
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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Auditing
SEC Punishes RSM US for Shoddy Auditing of an LED Lighting Company
The SEC also charged two partners, as well as a senior audit manager, for their roles in the improper audits.
Auditing
Sloppy Auditing Results in Friedman Getting a $1 Million Fine From the SEC
The firm, which just merged with Marcum, didn’t exercise professional skepticism and ignored red flags.
Taxes
The IRS Botched Lots of Child Tax Credit Payments, Audit Finds
Millions of ineligible people received payments, while millions of eligible taxpayers did not get their money.
Accounting
EY Tops $45 Billion in Global Revenue in 2022
These could be the last global revenue results with both the assurance and consulting businesses under one roof.
Firm Management
Citrin Cooperman Picks Up Valuation Advisory Firm
Murray Devine Valuation Advisors is based in Philadelphia and has offices in New York, and Austin, TX.
Firm Management
Moss Adams Brings Aboard Property Tax Consultants Byrne & Clayton
A three-person team from Byrne & Clayton, including the firm’s president, officially joined Moss Adams Sept. 1.
Taxes
Wisconsin Tax Accountant Gets 8 Months in Jail for Return Fraud
James Canfield, 74, pleaded guilty in January to aiding in the preparation of false tax returns filed with the IRS.
Payroll
Companies Need to Be More Upfront About Their Pay Practices, Employees Say
Of the 2,000 U.S. employees surveyed by Lattice, 67% want more pay transparency from their organizations.
Firm Management
Marcum Adds 37 New Partners
This year’s class includes 24 men and 13 women, some of whom came to Marcum from Friedman after recent merger.
Firm Management
Risk of Burnout Isn't as High for Professional Services Workers
Workday gauged employee burnout risk using three factors: connectedness, energy levels, and fulfillment.
Small Business
63% of Small Businesses Have Stopped Hiring and 10% Started Layoffs, Survey Finds
These numbers are up from July, when 45% of small businesses stopped hiring new staff and 4% reported layoffs.