Auditing
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House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Retailers Tell Senate Credit Card ‘Swipe’ Fees are ‘Adding Inflationary Pressure to the U.S. Economy’
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PCAOB Rule Change Creates Procedure to Revoke Delinquent Firms’ Registrations
City mayor pledges to work for free after critical state audit
An Oklahoma mayor accused of pilfering hundreds of thousands of dollars in public funds outside the scope of his elected office said he will work for free beginning immediately.
City sues widow after $140,000 death-benefit mistake
City accounting staff in Tampa under fire for incorrect death benefit payment.
Forensic audit of Florida county’s school budget raises questions
In the wake of the multimillion budget deficit that escaped the attention of Florida's Manatee County school district leadership for months, the community quickly focused on the backgrounds of the district's primary leaders.
City sues CPAs over audit; Comptroller admitted $54M theft
A city's former comptroller is heading to prison and the accounting firm that performed municipal audits is being sued for not noticing the theft of $54 million over a decade.
Ernst & Young LLP wins two awards for service to hedge fund industry
Ernst & Young LLP has received the award for Best Audit Services in the 2012 HFMWeek U.S. Hedge Fund Services Awards.
Medical marijuana company hires accounting firm for audit
Medical Marijuana Inc., an OTC publicly-traded business (MJNA), announced on Wednesday that it has signed a letter of engagement with the San Diego based accounting firm of Anthony W. Imbimbo & Associates to perform an audit of its financial records.
Accounting firm helping investigate alleged cheating in Texas school district
The district's school board has sought the forensic audit capabilities of Weaver LLP's El Paso office. The public accounting firm is one of the largest in regioinal, independent firms in the Southwest.
Tips for businesses to avoid embezzlement
Accountants and business leaders say small businesses can take steps to protect themselves from employee theft. Good accounting practices are a must.