Hohl was appointed chief accountant in July by SEC chair Paul Atkins, who has vowed to implement a deregulatory agenda. The ...

The Internal Revenue Service (“IRS” or the “Service”) aggregates, reviews, and analyzes taxpayer data and determines whether ...

The Sarbanes-Oxley Act of 2002 (SOX) mandates that audit committees be directly responsible for the oversight of the engagement of the company's independent auditor, and the Securities and Exchange ...

The small audit firm from Florida that topped the charts of new Securities and Exchange Commission clients in the third quarter of 2024 got a big boost from another firm ending its SEC practice. Tampa ...

Crunchafi, a leader in SaaS technology for accounting and financial professionals, and Fieldguide, the leader in professional-grade agentic AI for audit and advisory, today announced a partnership ...

As IRS budgets and audit staff continue to diminish, audit numbers are at an all-time low. But when you file your clients’ returns, the most common question persists: “How likely am I to be audited?” ...

Nasty behavior by individuals at client companies toward auditors is widespread and can negatively affect auditor judgment, ...

Deloitte was the only Big Four audit firm to net positive in new public company clients in 2022, while Marcum saw the largest overall gains a year removed from losing 110 clients, according to the ...

Financial planners can share horror stories about clients who suffered through residency audits conducted by state tax authorities and, in some cases, even failed to pass those tests. One inventor, ...

Although critics say it’s a clear conflict of interest, accountants freely take jobs with clients they audit, a widespread and increasingly controversial practice highlighted by the collapse of Enron.

They went water-skiing. They went to hockey and football games. They partied together. Accountants at Grant Thornton LLP and Doeren Mayhew & Co. frequently socialized with executives of audit client ...