The Latest

An anti-fraud group has released the first of a series of new case studies aimed at teaching audit committees, financial executives and auditors where and how fraud can arise.

International association of independent accounting firms Enterprise Worldwide has partnered with Canadian firm association Porter Hétu International.

Teenagers are more optimistic about their financial futures than last year, according to Junior Achievement USA and the Allstate Foundation’s 2013 Teens and Personal Finance Poll, which tracked a 20 percent increase in teens believing they will be financially better off than their parents.

Epicor Software Corp. has filed a copyright and intellectual property infringement lawsuit against technology consultant Alternative Technology Solutions, which claims to represent the vendor.

The U.S. Supreme Court will use a case involving billionaire Billy Joe “Red” McCombs to decide whether the federal government can impose hundreds of millions of dollars in penalties for the use of abusive tax shelters.

Clar Rosso has been tapped to serve as vice-president of the member learning and competency group at the American Institute of CPAs.

Zoho has released upgrades to its Web and mobile Zoho CRM product which include BCC Dropbox, an automatic BCC feature, and integration of MailMagnet, an email filtering function for mobile devices.

Songstress Dionne Warwick has filed for bankruptcy. The multi-Grammy award winner owes nearly $10 million in back taxes to the IRS and the state of California.

The Treasury Inspector General for Tax Administration said that a new cooperative effort between the IRS and business taxpayers to conduct real-time audits is receiving positive feedback.

Cleveland-based Cohen & Company/Cohen Fund Audit Services entered two teams in the annual Junior Achievement Bowl-a-thon March 2, raising an all-time high of $3,400.