The Public Company Accounting Oversight Board sanctioned PricewaterhouseCoopers' member firms in the U.S. and Australia over auditing quality control violations, imposing a $2.75 million penalty against the U.S. firm and a $600,000 penalty against the Australian firm.
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The ERP software provider is expanding its generative AI-driven feature to over 200 new places.
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The campaign is part of a larger effort by the IRS to increase its scrutiny of high-income taxpayers and large businesses to help close the tax gap.
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