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.
August 29, 2013
The In-Firm Annual IT-Security Employee Briefing
Most organizations today assume that their IT personnel do an adequate job of protecting the firm’s network and data by implementing and monitoring firewalls, keeping their operating systems/applications up to date, and mandating password changes on a scheduled basis.
August 28, 2013
Audit uncovers overpayment of financial aid to hundreds of Nevada college students
College of Southern Nevada over-awarded and under-awarded federal financial aid money to hundreds of students in the past two school years, the school announced today.
August 28, 2013
It’s here: Form 1099-K business income matching
Know what to do when your clients receive one of the IRS’ four new business income underreporting letters
August 22, 2013
Accounting Firm Partners with Professor to Develop Future Accounting Professionals
A-lign CPAs has partnered with an accounting professor at the University of Richmond in efforts to bridge the communication gap between accounting educators and the profession.
August 21, 2013
BYU Professors and KPMG Practitioners Honored for Education
Distinguished professors recognized for leading edge research and innovative teaching methods
August 21, 2013
AICPA recognizes City of South Miami CFO as an outstanding CPA in government
The chief financial officer for the City of South Miami has been recognized by the American Institute of CPAs.
August 20, 2013
Report: IRS Needs to Improve Desktop and Laptop Software License Management Practices
The Internal Revenue Service is not adequately performing software license management and is not adhering to Federal requirements and industry best practices for software used on desktop and laptop computers, according to a new audit report released by the Treasury Inspector General for Tax Administration.
August 16, 2013
4 Tips for Managing Outsourcing Risks
The perceived and real risk of outsourcing also seems to be increasing daily. News media and published reports frequently highlight cases of data breaches through rogue employees, hackers, and lost/stolen devices.
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.
August 13, 2013
KPMG names Jim Suglia to lead U.S. Investment Management sector
The U.S. audit, tax and advisory firm KPMG LLP has named Jim Suglia as the national leader for its Investment Management sector.