The Latest

Enrica Cotellessa-Pitz, the former controller at Ponzi schemer Bernard Madoff’s investment firm, has pleaded guilty to charges of conspiracy, falsifying books and records and making false statements to the Securities and Exchange Commission.

Deloitte has added Skura Business Intelligence Group to its Canadian firm, expanding the firm’s analytics capabilities.

The Internal Revenue Service has approved the National Association of State Boards of Accountancy and NASBA’s National Registry of CPE Sponsors as the first organizations to receive qualified accrediting status to provide continuing education as part of the IRS’s Registered Tax Return Preparer program.

After some speculation over his new role, former Sage North America executive Jamie Sutherland has officially signed on as president, U.S. operations, for cloud-based accounting software provider Xero.

SaaS-based sales tax automation service provider Avalara will be increasing its channel-building efforts in the New Year, with plans to add to its partner segments, including traditional enterprise resource planning VARs, e-commerce companies and accountants.

The Institute of Internal Auditors has sent a comment letter to the Public Company Accounting Oversight Board taking issue with the PCAOB’s proposal to require mandatory rotation of audit firms for listed companies, echoing concerns from the American Institute of CPAs and the New York State Society of CPAs.

Career growth opportunities ranked as the number one inducement for staying at or joining an accounting firm, according to a new survey by the American Institute of CPAs.

Weaver Taps P-in-C of Tax and Biz Services

The Committee of Sponsoring Organizations of the Treadway Commission has released for public comment an updated version of its internal control framework in response to changes in the business environment and their associated risks.

Porte Brown LLC has acquired Meador Stratton LLP, expanding the Chicago-area accounting firm’s footprint to Indiana.