The Securities and Exchange Commission charged BF Borgers CPA PC, a fast-rising auditing firm with deliberate, systemic failures to comply with PCAOB standards for audits and reviews.
Plus, REDW names three VPs; FAF is looking for FASAC members; and other firm and personnel news from across the accounting profession.
Sen. Ron Wyden, in a letter, demanded that TurboTax refund customers who, due to a software glitch, were inappropriately encouraged to take non-optimal choices, resulting in higher taxes.
Plus, Estateably touts new accounting tools for estate planning; and other accounting tech news and updates.
Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!
$300 a scam; dead wrong; permanent problem; and other highlights of recent tax cases.