WH Smith faces probe over accounting
The venerable U.K. retailer also cut its annual dividend after an accounting error in its North American business triggered a stock slump.
PCAOB to tighten its belt in 2026
The board is recommending a 2026 budget that is 9% below its 2025 budget.
Ascend adds Sweeney Conrad
Top 50 Firm Ascend announced the acquisition of Sweeney Conrad in Kirkland, Washington, expanding its presence in the region.
Ex-bankers convicted over €45M in tax fraud deals
Two former bankers were convicted in Germany over Cum-Ex deals by Fortis Bank that caused €45 million ($52.7 million) of damage to the country’s taxpayers.
Tax Fraud Blotter: 941 extravaganza
Get down with PPP; go Huskies; and other highlights of recent tax cases.
Sorren adds Casey Neilon
Sorren, based in Meridian, Idaho, has added Casey Neilon, an accounting consultancy in Nevada, to its national network.
Congress passes law to extend tax deadlines after disasters
Congress has passed a bill giving taxpayers who have been affected by natural disasters some extra time to file a claim for a tax credit or refund.
Appeals court breathes new life into Corporate Transparency Act
A federal appeals court reversed a lower court decision involving the Corporate Transparency Act, finding it to be constitutional, although it remains on hold.
PCAOB bars CPA, fines firm for quality control
The PCAOB found that Jennifer Crofoot, a CPA then working as an audit partner at Fruci & Associates II, violated rules and standards in connection with four audits.
Wolters Kluwer plans to launch advisory platform
Wolters Kluwer announced plans to launch a new platform specifically for accounting firms transitioning from compliance-based work to an advisory-first model.