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Accounting
PCAOB Asks the Public to Weigh in on Five-Year Strategic Plan
The document, released on Aug. 16, explains four goals the PCAOB has set to accomplish from 2022 to 2026.
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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Accounting
KCoe Isom Rebrands as Pinion
The top 100 accounting firm, founded in 1932, specializes in serving clients in the food and agriculture industry.
Accounting
Accountant Accused of Stealing Millions of Dollars From Construction Company
From 2015 to 2017, Richard Mandarino allegedly embezzled more than 2 million Canadian dollars from his employer.
Accounting
RSM US Revenue Up 15% to $3.3 Billion in FY 2022
RSM US is the fifth largest public accounting firm in the U.S. by revenue, only behind the Big Four firms.
Payroll
Gen Zers Think They’ll Get a Six-Figure Salary Right Out of College
Current college students expect to make $103,880 in their first job after graduation, according to a new survey.
Taxes
Most Americans: ‘I’ve Got 99 Problems, But an IRS Audit Ain’t One’
A new poll found that a majority of voters (76%) weren’t worried about the prospect of being audited by the IRS.
Accounting
Owner of New York Accounting Business Charged in PPP Fraud Scheme
If convicted of the bank fraud charge, Eric O’Neil of Bethel, CT, faces a maximum penalty of 30 years in prison.
Advisory
Is Artificial Intelligence Becoming a Tool for Financial Advisors?
AI is making financial advisors more efficient and more connected with clients. But some challenges persist.
Accounting
California CPA Pleads Guilty in PPP Loan Fraud Scheme
If convicted of wire fraud charge, 73-year-old Bernard Turk faces a maximum jail sentence of 20 years.
Taxes
IRS Admits Mistakes Have Been Made with Some Balance Due Notices
Taxpayers who received a CP14 notice but already paid the tax they owed do not need to respond to the notice, IRS said.
Accounting
PCAOB ‘Up to the Task’ of Updating Standards, Tougher Enforcement
SEC Chair Gary Gensler called out the PCAOB yesterday for being too slow to modernize old auditing standards.
Accounting
Twenty Years After SOX Was Signed Into Law, SEC Chief Says ‘Who Audits the Auditors’ Still Matters
Gary Gensler said updating outdated auditing standards and strengthening auditor independence rules are still works in progress.