SEC appoints Kyle Moffatt chief accountant for Corporation Finance

The Securities and Exchange Commission named Kyle Moffatt, a former audit manager at Ernst & Young, as chief accountant in the SEC’s Division of Corporation Finance.


IRS didn’t notify 458,658 identity theft victims

The Internal Revenue Service failed to tell nearly half a million victims of identity theft last year their information was being used by others for employment purposes, according to a new report, which attributed the failure to a computer programming error.


PwC sells its U.S. public sector business

PricewaterhouseCoopers signed an agreement Wednesday to sell its U.S. Public Sector business to the private equity firm Veritas Capital.


Treasury proposes to repeal 298 tax regulations

The Treasury Department has proposed to repeal nearly 300 tax regulations, many of which have become obsolete with the passage of the new tax law and earlier legislation, in some cases dating back to 1942.


AICPA CEO Melancon sheds light on tax reform lobbying

American Institute of CPAs president and CEO Barry Melancon discussed how the AICPA pushed for changes in the new tax law, with mixed success, during a speech at an Accountants Club of America meeting in New York on Wednesday.


Mnuchin says IRS to ban hedge-fund tax dodge on carried interest

Treasury Secretary Steven Mnuchin said the Internal Revenue Service will issue guidance within the next two weeks to prevent hedge-fund managers from dodging new tax rules on carried-interest profits.


Adaptive Insights introduces Business Planning Cloud

The new offering is designed to help employees plan more collaboratively with finance departments.


SUNY Old Westbury to offer forensic accounting degree Fall 2018

The new graduate program will be the first of its kind to be offered in Long Island.


PwC introduces new workforce engagement app

The tool is part of the firm’s Digital Workforce Transformation initiative, which uses a four-step approach to build a tech-focused culture.


Firms giving back: Sax gifts $15K to 'sustainable' nonprofit

The firm’s first annual ‘Founder’s Award’ recognized Imagine: A Center for Coping with Loss in New Jersey.