Auditing March 4, 2026
SEC and PCAOB Enforcement Plummets
In 2025, the SEC brought 68% fewer accounting and auditing actions than in 2024, and the PCAOB finalized 27% fewer actions over the same period, according to Cornerstone Research.
May 11, 2015
AICPA Creates New Section for Professionals Serving Nonprofits
The American Institute of CPAs has launched a new membership section for practitioners and others who serve or work for the nation’s growing not-for-profit sector. The AICPA’s Not-for-Profit Section will provide support and resources in the areas of ...
May 11, 2015
AICPA Letter to FAF Commends Organization, Makes Recommendations
The American Institute of Certified Public Accountants (AICPA) appreciates the opportunity to review and provide input into the February 2015 Request for Comment (Request) on the Financial Accounting Foundation’s Three-Year Review of the Private ...
May 4, 2015
Guide Helps Firms Comply with New Accounting Standard
Thomson Reuters has introduced PPC’s Guide to SSARS Preparation Engagements in response to the new financial statement preparation service introduced by the Accounting and Review Services Committee of the AICPA.
April 24, 2015
KPMG U.S. Names Lynne Doughtie as CEO
Lynne Doughtie has been elected to serve as the next Chairman and Chief Executive Officer of KPMG U.S. Doughtie currently leads KPMG’s Advisory business, and has distinguished herself in numerous leadership positions since launching her career ...
April 23, 2015
Report Looks At Effects of Audit Quality on the CPA Brand
The Illinois CPA Society has published a digital feature exploring the issue of audit quality, its impact on the CPA brand and profession in both the public and private sectors, and potential solutions to this high-profile problem.
April 17, 2015
Professionals on the Move – April 19, 2015
A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
April 15, 2015
Focus on Risk Management Helps Companies Achieve Better Growth
While 73 percent of executives feel outside risks are on the rise, companies are generally not meeting these increased risks with improved risk management. Only 12 percent of responding companies demonstrated qualities that marked them as true risk ...
April 15, 2015
Here’s What the IRS Does to People Who Fudge the Truth on Charitable Donations
Court nullifies $37,000 deduction for donations of used property to charities, then adds 20% penalty.
April 6, 2015
Most Americans Want Nonprofits to Have Better Financial Management
Four in five Americans believe not-for-profit employees should be exposed to the same training as finance professionals at other businesses
April 1, 2015
XCM Selects Accounting Tech Veteran Mike Sabbatis as COO
Workflow management technology provider XCM Solutions, LLC has selected Mike Sabbatis as the company’s Chief Operating Officer (COO). This company said in a statement that the appointment reflects its plans to expand its operations as it prepares to ...
March 25, 2015
CFOs and Management Accountants Share Top Issues, Outlook on Economy
What are the top five issues facing Maryland CFOs, Controllers and management accountants? What is their outlook on their businesses? Maryland's economy? The US economy? How future ready are they?
March 25, 2015
New Accounting Suite Provides Bookkeeping and Capital Gains Reporting for Bitcoin
Legitimizing the widespread adoption of digital currencies such as Bitcoin and Ripple, Libra, makers of bitcoin tax-accounting service LibraTax, today announces the release of two new services to help businesses and CPAs account for digital currency ...