EY holds lead in public company audits
Billion-dollar firms continue to dominate in the audit market.
Blended families face complex tax issues
The traditional family is no longer so traditional. Increasingly children are living in blended families, bringing complex tax issues to their parents’ accountants.
KPMG shakes up audit team for inside info on PCAOB inspections
The head of the practice and four partners are resigning for violations of the Big Four firm’s Code of Conduct.
Receipt Bank update helps accountants nudge clients for receipts
Practice Platform now sends push notifications and lets accounting professionals start item-related comment threads with their customers.
Updated version of CPA Exam released
April 1 marked the debut of the new test, complete with more simulations and analytical problem-solving.
Sorry, America — your taxes aren’t high
Compared with the rest of the world, we don’t pay that much, according to the OECD.
Wolters Kluwer licenses Validis software to create audit accelerator product
The move is part of a wider effort to automate the audit process, focusing it more on auditor judgement rather than the tools used to perform the task.
IRS enforcement of ACA employer mandate had glitches
Some processes used by the Internal Revenue Service to ensure businesses comply with the Affordable Care Act’s employer shared responsibility provision didn’t work as they were supposed to, or they were delayed or canceled, according to a new government report.