The Securities and Exchange Commission has charged the auditing firm Anton & Chia and several of its officials with fraud, accusing the Newport Beach, Calif.-based firm of conducting flawed audits and reviews of financial statements while violating securities laws.
House and Senate lawmakers are poised to begin working as soon as Monday on compromise tax-overhaul legislation—a key step in their drive to send a bill with tax cuts for corporations and individuals to President Donald Trump by the end of the year. Here are the latest developments, updated throughout the day.
Officials with the Securities and Exchange Commission are keeping a close watch on how companies are adjusting to the new revenue recognition and leasing standards.
President Donald Trump, fresh off a Senate vote that puts him a step closer to passing a tax-cut bill by year-end, declared himself “unbeatable” for re-election—and unexpectedly suggested a critical element of the Congressional tax plan is open to debate.
The Big Four firm hosted local high school students to better prepare them for a career in the profession.
CPA under-reports income; an open relationship and a hidden scheme; and other highlights of recent tax cases.
As Congress prepares to combine the House and Senate bills, these changes to the code look highly likely to be part of the final legislation.
The Republican chase for a rare political and policy win with passage of their tax plan has thinned the ranks of the party’s deficit hawks.
Mark Kronforst, chief accountant of the Securities and Exchange Commission’s Division of Corporation Finance, plans to leave the SEC early next month.
