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A California CPA who allegedly defrauded a New Jersey religious facility out of more than $4 million faced his initial court appearance Monday.

On Monday, Thomson Reuters announced the launch of a new sales lab for Michigan State University students, in partnership with MSU’s Eli Broad College of Business. The opening was marked by a ribbon-cutting and appreciation ceremony on December 5 at MSU’s Lear Corporation Career Services Center.

Dr. Chandra Bhansali, founder of AccountantsWorld, describes how cloud technology will change the way accountants do business, in an interview with Accounting Today editor-in-chief Dan Hood.

Nearly four out of five CPAs in public accounting believe they will play a key role in preparing their clients for complex challenges in the decade ahead but realize they must understand and embrace emerging innovations, according to a new study commissioned by CPA.com, the technology and business arm of the American Institute of CPAs

The IRS recently updated the Health Insurance Marketplace page on IRS.gov.

Just in time for the season of giving, social gaming company Vouchr’s newly launched app Surpriise offers a giving platform for a variety of gifts, experiences and services that could come in handy for that next round of employee appreciation.

Check out the digital edition of the December 2014 issue of Accounting Today.

The Securities and Exchange Commission sanctioned eight audit firms for violating auditor independence rules and the Public Company Accounting Oversight Board announced settled disciplinary orders Monday against seven other audit firms for violating independence rules in audits of broker-dealers.

Last Tuesday, Pace University won the 11th annual national College Federal Reserve Challenge in Washington D.C. - a competition that tests students’ understanding of the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. The Challenge was the culmination of five district competitions held around the country.

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