Auditing

CCH Small Firm Services and Protection Plus today announced a new partnership that will offer Protection Plus audit assistance services available users of SFS tax software.

The new CCH Financial Reporting Brief app for Apple and Android devices delivers trustworthy and timely news updates covering accounting, audit, regulatory and government action developments.

A New Jersey judge slapped the Minnesota Vikings owners Monday with an order to pay $84.5 million in damages to former partners they defrauded in a decades-old real estate deal.

The New York-based forensic accounting and litigation support firm, Boucher Stickley Group (BSG), has merged with WTP Advisors, a global tax and business advisory firm. BSG is known for its pioneering systems used to perform complicated quantitative analysis related to controversy resolution.

Thomson Reuters announced the release of a new audit tool onto its online platform Thomson Reuters Checkpoint. PPC’s SMART Practice Aids – Audit Essential provides audit professionals with the essential tools and functionality needed to conduct audit engagements.

The Tax Division of the U.S. Department of Justice has announced an agreement with Switzerland that would permit all but a few Swiss banks to avoid criminal prosecution by paying substantial fines and turning over information on accounts held by American clients.

The Tax & Accounting business of Thomson Reuters has launched an enhanced online marketplace at Tax.ThomsonReuters.com/Store. It is designed to help tax and accounting practitioners and corporate tax professionals more easily find and purchase the products they need, access news and insightful articles, join online communities of their peers, and more.

As the Internal Revenue Service Exempt Organization division twists and turns in the wind over the recent scandal involving undue scrutiny on certain tax-exempt applications, nonprofit managers and practitioners might wonder how this will impact them.