Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
January 27, 2013
City mayor pledges to work for free after critical state audit
An Oklahoma mayor accused of pilfering hundreds of thousands of dollars in public funds outside the scope of his elected office said he will work for free beginning immediately.
January 22, 2013
City sues widow after $140,000 death-benefit mistake
City accounting staff in Tampa under fire for incorrect death benefit payment.
January 20, 2013
Forensic audit of Florida county’s school budget raises questions
In the wake of the multimillion budget deficit that escaped the attention of Florida's Manatee County school district leadership for months, the community quickly focused on the backgrounds of the district's primary leaders.
January 20, 2013
City sues CPAs over audit; Comptroller admitted $54M theft
A city's former comptroller is heading to prison and the accounting firm that performed municipal audits is being sued for not noticing the theft of $54 million over a decade.
January 17, 2013
Ernst & Young LLP wins two awards for service to hedge fund industry
Ernst & Young LLP has received the award for Best Audit Services in the 2012 HFMWeek U.S. Hedge Fund Services Awards.
January 16, 2013
Medical marijuana company hires accounting firm for audit
Medical Marijuana Inc., an OTC publicly-traded business (MJNA), announced on Wednesday that it has signed a letter of engagement with the San Diego based accounting firm of Anthony W. Imbimbo & Associates to perform an audit of its financial records.
January 16, 2013
Accounting firm helping investigate alleged cheating in Texas school district
The district's school board has sought the forensic audit capabilities of Weaver LLP's El Paso office. The public accounting firm is one of the largest in regioinal, independent firms in the Southwest.
January 14, 2013
Tips for businesses to avoid embezzlement
Accountants and business leaders say small businesses can take steps to protect themselves from employee theft. Good accounting practices are a must.
January 11, 2013
KPMG’s Audit Committee Outlines Top Priorities for Audit Committees in 2013
KPMG’s Audit Committee Institute recently published its “Audit Committee Priorities for 2013.” The agenda aims to help audit committees remain focused on their top priorities and meet the governance challenges they will face this year. “The audit committee’s agenda is not getting any lighter,” notes Dennis T. Whalen, ACI’s Partner in Charge and Executive Director....…
January 10, 2013
Salaries for internal auditors rising
Aalysis reveals that an increased number of internal auditors will receive raises, specialized skills and certifications yield higher salaries, and employers are increasing their focus on work-life balance.
January 4, 2013
IRS expands eligibility for worker reclassification program
The IRS has announced a revision to its voluntary classification settlement program (VCSP) that provides partial relief from federal employment taxes for eligible taxpayers who agree to prospectively treat workers as employees.
November 26, 2012
2012 Review of BNA Fixed Assets DesktopPro
Bloomberg BNA – BNA Fixed Assets DesktopPro800-424-2938www.bnasoftware.com From the Dec. 2012 review of fixed asset management systems. Best Fit: Accounting professionals serving the asset management and depreciation needs of mid-sized and larger clients with potentially complex depreciation strategies. The system is also widely-used in-house by enterprises and government entities. Strengths Global/group/departmental edit capabilities Intuitive interface...…