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.
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 30, 2013
CCH Releases New Financial Reporting Brief App
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.
September 24, 2013
Minnesota Vikings Owners Lose $84.5M Fraud Judgment
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.
September 23, 2013
WTP Advisors Merges with N.Y. Forensic Accounting Firm BSG
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.
September 20, 2013
Thomson Reuters Simplifies Audit Workflow with New Tool
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.
September 18, 2013
Swiss Banks to Turn Over Info on U.S. Accounts
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.
September 18, 2013
Thomson Reuters Launches New Online Marketplace for Tax & Accounting Pros
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.
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.
September 10, 2013
New Cloud Solution Helps Detect and Deter Bribery and Corruption
In response to customer demand and increased regulatory scrutiny and enforcement, ACL has launched a new Anti-Bribery and Anti-Corruption Solution.
September 9, 2013
Detroit pension fund pays out nearly $1B in bonuses
One of Detroit's two pension funds handed out nearly $1 billion in bonus cash payments over two decades to retirees and active employees' retirement accounts instead of reinvesting the extra earnings for the future, according to a Free Press review of city records.
September 9, 2013
The Benefits and Challenges of Cloud Accounting
Accounting firms across the country are looking to the cloud to transform their client accounting services. They are looking to move from simply transactional bookkeeping services to higher value advisory services more in line with the CFO function.