PCAOB July 9, 2026
Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council
The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its new Inspections Modernization Council.
November 18, 2014
How to Build a Fraud-Resistant Business
Financial reporting fraud can prove costly for investors and other capital market stakeholders. A new report from the Anti-Fraud Collaboration takes a fresh look at best practices for fraud deterrence and detection, highlighting the critical importance of
November 13, 2014
IRS Allowed Up to $167 Million in Questionable Fuel Tax Credits
The Internal Revenue Service (IRS) may have allowed approximately $167.7 million in questionable fuel tax credit claims between 2011 and 2013, according to a new study released publicly today by the Treasury Inspector General for Tax Administration (TIGTA
November 6, 2014
Cloud-Based Audit Suite to Integrate with QuickBooks Online and Xero
AuditFile has announced it will soon fully integrate its cloud-based audit system with industry leading bookkeeping tools, QuickBooks Online and Xero. As the first entirely cloud-based audit, review, and compilation solution for CPA firms ...
October 29, 2014
Audit Quality Group Congratulates Internal Audit Case Study Competition
Sponsored by the Los Angeles Chapter of The Institute of Internal Auditors (IIA), the competition brought together the best and brightest accounting and auditing students in the LA area to analyze and present their case for responding to potential materia
October 24, 2014
Federal Judge Dismisses IRS Lawsuit, Moves Tea Party Scandal to Back Burner
The ongoing “Tea Party” scandal has appeared to loose some steam after a federal judge in the nation’s capital tossed out a lawsuit aimed by conservative nonprofit groups against the IRS (True the Vote, Inc. v. IRS, DC- Dist. Of Columbia, Civil Action No.
October 23, 2014
Thomson Reuters Releases Updated Audit Solution for New COSO Framework
Thomson Reuters has updated its patented, award-winning PPC’s SMART Practice Aids Audit Suite to provide customers with a focused, integrated, and efficient internal control evaluation tool that is fully compliant with COSO’s new Internal Control Framewor
October 21, 2014
Salaries on the Rise for Accounting Professionals
To handle new business, public accounting firms are looking to add to their workforce. Many still need to fill positions left vacant during the downturn and take some of the burden off their current teams.
October 21, 2014
IRS to Miss Goal for Homeland Security Directive on Security
The Internal Revenue Service (IRS) will not meet the Department of the Treasury’s 2015 goal for full compliance with a directive requiring Federal agencies to issue identification cards that allow workers to gain access to Federally controlled facilities
October 21, 2014
Tommye Barie Elected to Serve as Chair of AICPA
Tommye Barie, CPA, is the new chair of the board of directors of the American Institute of CPAs, the world’s largest member organization representing the accounting profession.
October 20, 2014
Special Report Focuses on New Financial Statement Preparation, Compilation and Review Standards
The report provides an overview of the AICPA’s Accounting and Review Services Committee’s new standard, which clarifies and revises the Statements on Standards for Accounting and Review Services (SSARS).
October 20, 2014
James Brown, CPA, Honored for Long Service to Accounting Profession
Indiana Certified Public Accountant (CPA) James L. Brown has been named the winner of this year's Sustained Contribution Award by the American Institute of CPAs (AICPA). The award recognizes members who have contributed measurably to the AICPA ...
October 9, 2014
Report: IRS Field Collectors Need to Focus on Cases with Better Potential
The IRS field workload selection process is not designed to ensure that cases with the highest collection potential are identified, selected, and assigned to be worked, according to a new report.