U.S. audit overseer under scrutiny as 6 charged in KPMG leak

The U.S. regulator overseeing auditors was rocked by criminal charges as federal prosecutors accused three former employees of leaking inside information to KPMG LLP so it could improve its audit results.


Researchers find quarterly reporting leads to corporate myopia

Mandatory quarterly reporting by public companies can lead to a short-sighted focus on near-term results, according to a new academic study.


Art of Accounting: ‘Too much’ good information

Selective reading can help accountants deal with information overload when looking for ideas on how to improve their firms.


FASB offers more accounting guidance on new tax law

Four more Staff Q&A documents deal with various financial accounting and reporting implementation issues.


University of San Diego wins 17th annual 'FanTAXtic' competition

The school beat out more than 40 other institutions in Deloitte’s yearly case study tournament.


Prager Metis merges in entertainment firms in New York, California and London

Prager Metis CPAs LLC has combined with Cameo Wealth & Creative Management Inc., and the Asteri Group, Ltd., a pair of affiliated business management and accounting firms with offices in New York and California that focus on the entertainment industry, along with Smallfield Cody, a firm based in London that also caters to the entertainment field, the latest in a string of similar combinations for the firm.


Baker Tilly sees global revenue grow to $3.4B

Baker Tilly International reported Monday worldwide revenue grew 6.4 percent across its global network of accounting firms, reaching $3.4 billion by the end of last year.


AuditFile expands in-software Wiley content

Users can now access more resources from the education content provider.


SEC charges former KPMG and PCAOB officials with ‘stealing’ inspection exam

The Securities and Exchange Commission charged six CPAs Monday who were former senior officials at KPMG and ex-staffers at the Public Company Accounting Oversight Board with participating in a scheme to misappropriate and misuse information on the PCAOB’s planned inspection of the Big Four firm.


Becker awards $485K in 2018 scholarships

The professional education group is helping 240 CPA hopefuls further prepare for the CPA Exam.