Accountants shifting to more advisory services amid coronavirus

Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season.

Accountants shifting to more advisory services amid coronavirus


SEC loosens auditor independence rules

The Securities and Exchange Commission voted to adopt amendments to its longstanding auditor independence requirements, relaxing restrictions on relationships between auditors and their clients as part of a deregulatory push by the SEC in recent years.

SEC loosens auditor independence rules


People & firms on the move: MACPA restructures Education Foundation to focus on D&I

IAASB and IESBA announce deputy chairs and board appointments; Grant Thornton names two national managing partners; and more CPA news.

People & firms on the move: MACPA restructures Education Foundation to focus on D&I


Unit4 adds forecasting and planning capabilities to ERP software

The new version of the ERP software includes quick modeling functionality.

Unit4 adds forecasting and planning capabilities to ERP software


Meeting the challenges of managing an audit team remotely

Before auditors get too deep into the next cycle, take stock of the lessons learned from this first phase of remote auditing to see how your firm can build on what has been accomplished.

Meeting the challenges of managing an audit team remotely


Houston tech mogul indicted for ‘largest-ever tax charge’

Robert T. Brockman, a Houston software tycoon, was charged with using a web of Caribbean entities to hide $2 billion in income in what prosecutors called the largest U.S. tax case ever against an individual.

Houston tech mogul indicted for ‘largest-ever tax charge’


Adviser highlights ‘accounting irregularities’ at GP Global

Troubled commodities trader GP Global Group has “accounting irregularities” in its books, according to the restructuring adviser hired to salvage the company’s assets.

Adviser highlights ‘accounting irregularities’ at GP Global


Tax Fraud Blotter: Rough waters

Three defaults and you’re out; scheme of several years; misstep by misstep; and other highlights of recent tax cases.

Tax Fraud Blotter: Rough waters


AICPA announces CPA Exam Scholarship recipients

Fifty U.S. CPA Exam candidates received scholarships to help cover the cost of exam prep, worth $1,500 each.

AICPA announces CPA Exam Scholarship recipients


PCAOB board member Kaiser departs, chief auditor Zietsman takes his place

James Kaiser, a member of the Public Company Accounting Oversight Board since 2018, is leaving the PCAOB and will be replaced by chief auditor Megan Zietsman in another sign of turmoil at the audit overseer.

PCAOB board member Kaiser departs, chief auditor Zietsman takes his place