A U.S. bankruptcy judge has approved a $167.5 million settlement that Deloitte & Touche has agreed to pay to a trust set up by litigants for defunct cable television company Adelphia Communications. D&T and the Adelphia Recovery Trust agreed to the settlement, though Adelphia and Deloitte have been filing a series of claims against each other, with Adelphia accusing Deloitte of malpractice in its audits of the bankrupt company. The settlement doesn't cover the trust's claims against Adelphia's former lenders.
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February 6, 2014
U.S. Wealth Management CEO John Napolitano discusses how CPAs can start a financial planning practice and how the initiative can go wrong.
March 3, 2014
As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.
February 7, 2014
The Tax & Accounting business of Thomson Reuters has compiled its annual sampling of quirky sales tax changes passed or implemented in 2013.
January 31, 2014
The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.
January 24, 2014
The Taxpayer Advocate proposes a list of rights and responsibilities.
December 31, 2013
Our editors picks for the biggest stories in accounting in 2013