November 4, 2013
New Integration Options Available for SmartVault Users
Online file storage and sharing application now works with Nexonia and Canon scanners.
October 21, 2013
KPMG Appoints New Managing Partner for D.C. Region
In his new role, Carlson, who has led KPMG's St. Louis office since 2008, will be responsible for the strategic direction and growth of the area offices. He assumes his new role on Dec. 1, succeeding Candace H. Duncan, who will retire after 35 years with the firm.
September 30, 2013
TaxWise and ATX Users Now Have Audit Assistance with Protection Plus Partnership
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.
September 14, 2013
Nonprofits & the IRS: 5 Risk Areas to Watch For
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.
September 13, 2013
Auditors Fault Internal Controls At Connecticut Community Colleges
A Connecticut state auditors' report issued Wednesday reveals a troubled system of internal controls throughout the state's 12 community colleges, ranging from instances in which employees started work before signing contracts, contracts weren't competitively bid and proper purchasing procedures were skirted.
August 14, 2013
10 Years After SOX: PCAOB Update (NASBA Annual Meeting)
PCAOB board member Lewis Ferguson gives an update on public company oversight issues.
August 14, 2013
New Auditing Standard Proposed by PCAOB
Organization Also Proposes a New Related Auditing Standard on the Auditor’s Responsibilities for Other Information in an Annual Report
August 14, 2013
Controller arrested, charged with embezzling $16.6 million from Texas fruitcake company
The FBI has arrested the controller of Collin Street Bakery for mail fraud, three weeks after the Corsicana, Texas, fruitcake giant filed a lawsuit alleging that he had embezzled more than $16.6 million since January 2005 until he was fired this June, the U.S. attorney's office in Dallas said Tuesday.
July 26, 2013
IRS Alert: IRS retiring two e-Services incentive products on Aug. 11
The IRS announced today that it plans to retire two major e-Services incentive products used by CPAs, attorneys and enrolled agents to file authorizations and resolve IRS account problems.
July 6, 2013
$8.5 million lawsuit against audit firm ends with settlement
Koss Corp. collected $8.5 million from Grant Thornton, the accounting firm that audited Koss' books during a portion of the time that Sujata "Sue" Sachdeva was stealing millions from the company.
June 26, 2013
Algae bio-fuel firm engages Silberstein, Ungar, PLLC as external auditor
Sloud, Inc. has announced it has retained Silberstein, Ungar PLLC as the company's external auditor.
June 14, 2013
Did bank oversight enable $54M fraud by city controller?
City attorney says that inaction by bank led to the largest municipal theft in U.S. history.