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Internal audit is extending its traditional role as an assurance provider into playing a more proactive role as trusted advisor, according to a new report by PricewaterhouseCoopers.

A Kalamazoo, Mich., tax preparer who billed herself as the “#1 Tax Lady” has been indicted on multiple counts of tax fraud.

AICPA vice president of taxation Edward Karl stated, “Taxpayers will be in one of three situations – they will have had health insurance that met the requirements for minimum essential coverage under the Affordable Care Act, will have qualified for an exemption or will owe the penalty for not having qualified health insurance. In order to meet the information reporting requirements, taxpayers will have to gather new records and become familiar with new forms, instructions and terms.”

An accounting scandal, a failed merger and the departure of top executives would normally make a company toxic to acquirers. Not for Salix Pharmaceuticals Ltd., the subject of a $11 billion bidding war that drove the drugmaker’s stock close to its highest-ever price.

Accounting Today has released its 2015 list of the Top 100 Firms in Accounting.

The School of Accountancy at Georgia Southern University announced today that they will host a one-week seminar from Aug. 3-7 entitled, Essentials of Fraud and Forensic Accounting.The seminar is open to potential graduate students interested in pursuing a Master of Accounting with a concentration in Forensic Accounting, along with accountants, attorneys, and law enforcement professionals seeking continuing professional education (CPE) credit.

Nearly half of all American adults believe that the deadline to register for 2015 health care coverage under the Affordable Care Act has expired, a new survey has found.

Fifty-five percent of Americans expect to receive a refund on their taxes this year and nearly 37 percent will use their refund to pay off debt, according to a new poll.

“We are at the dawn of a new generation of business systems,” Microsoft CEO Satya Nadella said in his keynote to kick off Microsoft’s 2015 Convergence Conference, “with unlimited computing capacity in the cloud.”

A majority of Indiana CFOs who are also CPAs see positive indicators for growth of their company and industry, and encouraging signs for the local and state economy, although the outlook for the U.S. economy was not quite as bright.