Auditing
SEC Sues Marcum Assurance Partner Over Numerous Audit Violations
Edward Hackert is accused of improper conduct by repeatedly not following U.S. auditing standards over a 10-year period.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Firm Management
NDH Advisors Acquires Houston CPA Firm Jain & Jain
The transaction is Chicago-based NDH Advisors' second in as many months after acquiring Stratus Group last November.
Auditing
PCAOB Doles Out $590,000 in Fines to Haynie & Co., Four Partners
The top 100 firm and two current and two former partners were sanctioned for subpar auditing and quality control failures.
Taxes
IRS Chief Gives a Shout-Out to Tax Professionals as 2024 Filing Season Begins
IRS Commissioner Danny Werfel had a message today for all tax professionals as they embark on another filing season: Thank you.
Taxes
IRS-CI to Host ERC Seminars for Tax Professionals
The sessions held in February aim to ensure that tax professionals have the latest ERC information and understand ERC eligibility criteria.
Firm Management
Aprio Promotes 11 to Partner
The top 30 accounting firm unveiled its newest partner class for 2024 on Jan. 24, which includes nine men and two women.
Firm Management
Armanino Admits 16 New Partners in Its 2024 Class
The top 20 accounting firm unveiled its newest class of leaders this week, half of whom are women.
Taxes
Jan. 31 Deadline Nears For Some Enrolled Agents to Maintain Their Status
EAs with a Social Security number ending in 7, 8, or 9 must renew their status by Jan. 31 before their current enrollment expires March 31.
Taxes
IRS Says Digital Asset Question Added to More Tax Forms
The IRS noted on Monday that it has included a crypto question on four additional tax forms ahead of filing season.
Accounting
FAF Redesigns FASB Website
Revamped websites for the Financial Accounting Foundation and the GASB will also be going live in the coming weeks.
Firm Management
RSM’s Global Revenue Reaches Record High of $9.4 Billion in 2023
The top 10 global accounting firm saw a 16% revenue increase over its 2022 result of $8 billion, with its largest growth in tax services.
Firm Management
MahoneySabol Merges in Giamalis and Company
The top 400 CPA firm combined with fellow Glastonbury, CT, full-service accounting firm Giamalis and Company on Jan. 15.