The Latest

KPMG Southern Africa, a member of the global advisory network, has ended a 15-year stint auditing companies controlled by the Johannesburg-based Gupta family, after the ruling party and the national graft ombudsman announced investigations into its alleged influence over the state.

Employment rose by 215,000 in March, including 500 jobs in accounting and bookkeeping services, although the unemployment rate ticked up one-tenth of a percentage point to 5.0 percent, the U.S. Bureau of Labor Statistics reported Friday.

On Thursday, President Obama, per the Office of the Press Secretary, released an official Proclamation declaring April 2016 National Financial Capability Month.

A cautionary tale for April Fool's Day about a CPA who succumbs after a lengthy battle with sales call reluctance.

Highlights of some of our favorite tax-related blogs from the past week.

Accounting firms come across noncompete agreements in several different contexts: in the valuation of a company when purchased by a client, in divorce litigation and as part of the employment agreement in the accounting firm itself.

Robert Half Management Resources has produced a new list of the most unusual items submitted for expense report reimbursements, as reported by CFOs.

The National Financial Educators Council (NFEC) recently unveiled the results of their National Financial Literacy Test, polling 11,960 participants representing all 50 states on their financial know-how. The 30-question quiz was designed to measure both teens and young adults' ability to earn, save, and grow their money. The average test score was 60.35% for 15 - 18 year olds, and 63.64% for all ages.

Gary Shamis of BDO and consultant Jay Nisberg discuss strategic planning for accounting firms and their book, Stratagem, in this video.

Scammers are trying new tactics to convince taxpayers to hand over their personal information, the Internal Revenue Service warned.