Tax Fraud Blotter: Dirty laundry
Startup shut down; healthy, wealthy and crooked; won’t ever stand the strain; and other highlights of recent tax cases.
Florida CPAs push state for licensing changes
The Florida Institute of CPAs gathered over 100 CPAs in Tallahassee to advocate for legislative priorities like innovative pathways to CPA licensure.
NetSuite launches solution for managing “Anything-as-a-Service”
Oracle NetSuite announced NetSuite SuiteSuccess Anything-as-a-Service (XaaS) Edition, aimed at businesses with both product and service components.
NetSuite migrates to AI self-maintaining database
NetSuite said it has moved its suite with all its data into an AI-driven self-maintaining database, part of parent company Oracle’s cloud infrastructure.
NetSuite rolls out AI agents, promises more to come
NetSuite, during its SuiteConnect event in Manhattan, announced agentic AI enhancements to its solutions, and plans to roll out more in the future.
Carson Group launches tax program led by veteran planner
Debra Taylor is spearheading a new program entailing education for financial advisors, guides for clients and technology integrations.
IIA sets cybersecurity requirement
The Institute of Internal Auditors released the first in a series of topical requirements planned for this year, starting with cybersecurity.
Ascend adds MHP
The private equity-backed accounting firm added McGee, Hearn & Paiz in Cheyenne, Wyoming, to expand its Western geographic footprint.
Undergraduate accounting enrollment rose 12%
Total undergraduate accounting enrollment for fall 2024 was 257,278 students, the highest reported since fall 2020 and just shy of the pre-pandemic fall 2019 enrollment.
AICPA to update independence rules as PE pours in
The American Institute of CPAs is planning to revise its independence rules amid the wave of private equity investments in accounting firms.