Accounting
Latest News
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
IRS Draft Form 7217 Ready For Public Comment
Ex-EY Director Agrees to Pay SEC $23,900 to Settle Insider Trading Charges
Michael Weiss bought clients’ shares ahead of earnings and acquisitions announcements on four separate occasions.
SEC Punishes RSM US for Shoddy Auditing of an LED Lighting Company
The SEC also charged two partners, as well as a senior audit manager, for their roles in the improper audits.
2022 Digital Security and Cybercrime Update
In 2021, cybercrime cost U.S. businesses more almost $7 billion, yet today, only 50% of U.S. businesses having a cybersecurity plan in place.
Finance Professionals Offer Powerful Defense Against Cybersecurity Threats
The 2022 AFP Payments Fraud and Control Survey found that 71 percent of organizations were victims of payments fraud attacks or attempts last year.
IRS Increases Per Diem Rates
For lower-cost locations of business travel, the daily per diem rate will be $204. The high rate will be $297.
Central Kentucky Accountant Fined $30,000 for Faking Documents for COVID-19 Fraud Scheme
Tammy Jo Goodwin pleaded guilty to conspiracy to commit wire fraud but she won’t receive jail time.
5 Mistakes to Avoid When Implementing the New Lease Standard
Simplify your lease accounting implementation by learning from the mistakes of public and international companies that are in their fourth year of following the new lease standard.
Sloppy Auditing Results in Friedman Getting a $1 Million Fine From the SEC
The firm, which just merged with Marcum, didn’t exercise professional skepticism and ignored red flags.