The Latest

BDO USA has agreed to pay $40 million to settle investor claims over money lost in R. Allen Stanford’s $7 billion Ponzi scheme.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

The Securities and Exchange Commission has charged Deutsche Bank AG with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions of dollars, and Deutsche Bank agreed to pay a $55 million penalty to settle the charges.

The Institute of Internal Auditors has released nine new and updated practice advisories that provide guidance to internal auditors and chief audit executives on sustaining a comprehensive quality assurance and improvement program.

BDO grabbed the most new SEC audit clients among large firms in the first quarter of 2015, while RBSM led in overall gains.

I woke up one day last week shocked, speechless, and seriously appalled! Across my morning Facebook feed I saw this article stating that one of the top CPA firms in the United States is not accepting credit cards due to security concerns.

Bloomberg BNA releases its annual state tax survey

Last week I wrote about never trying to sell financial products or services to clients and gave a few reasons for this.

Intuit unveiled a new app, Sync with PayPal, that automatically imports PayPal sales transactions, fees, discounts and taxes directly into QuickBooks Online.

The American Institute of CPAs is offering an online CPA personality quiz that’s garnering attention among CPAs young and old alike.