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.
ConvergenceCoaching turns 25
The national accounting consulting firm founded by Jennifer Wilson and James Metzler celebrated its 25th anniversary.
PCAOB signs pact with Cypriot audit overseer
The Public Company Accounting Oversight Board has reached a deal with the Cyprus Public Audit Oversight Board.
FASB improves accounting standards codification
The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.
GASB offers guidance on subsequent events reporting
The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local governments on subsequent events.
Accounting groups band together to protest Ed. Dept. downgrade
Nine organizations wrote to the Department of Education expressing opposition to rules excluding accounting from recognition as a professional degree program.
IIA issues requirements for organizational behavior
The Institute of Internal Auditors has released its latest “topical requirement,” this time on organizational behavior as part of a company’s culture.
Doeren Mayhew acquires TBK CPA
The Top 50 Firm based in Troy, Michigan, has completed its fourth acquisition in Houston this year and its 10th across the country.
PE: ‘Cancer’ — or cure?
The accounting profession is seriously divided over the value of private equity, and its potential impact on the profession.