Tax Fraud Blotter: Senate appropriations
Checked out; nothing’s free; some days the Bear gets you; and other highlights of recent tax cases.
PCAOB quizzes auditors on new confirmation standard
The Public Company Accounting Oversight Board posted a new “knowledge check” to help auditors gauge their understanding of AS 2310.
Saver’s match ‘free money’ could pad millennial, Gen Z retirements
Financial advisors and other industry professionals will be integral in boosting those generations’ nest eggs by double digits through a Secure 2.0 provision.
GASB posts report on fair value standard
The Governmental Accounting Standards Board published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application.
CohnReznick gets PE investment from Apax
The Top 25 Firm is the latest accounting firm to receive a private equity investment, in this case from funds advised by Apax Partners.
PCAOB censures, bars partner for failing to cooperate
The Public Company Accounting Oversight Board sanctioned Natalie Murphy, a former partner at Heaton & Company, for violating rules and standards.
Insightsoftware announces AI solution Lineos
insightsoftware announced the launch of its new AI-powered Lineos bot, integrated across its product suite to simplify workflows and provide data-driven insights.
In the blogs: Judge for yourself
Refunds without taxes; bouncing BOI; never too late for an Employee Retention Credit; and other highlights from our favorite tax bloggers.
IRS COO named acting commissioner
Treasury Secretary Scott Bessent named Internal Revenue Service chief operating officer Melanie Krause as acting commissioner after the retirement of Douglas O’Donnell.
PICPA offers guide to recruiting and compensation
The Pennsylvania Institute of CPAs released a report analyzing how firms can attract and retain talent amid the accountant shortage.