James Turley, the global chairman and CEO of Ernst & Young since 2001, said he plans to retire at the end of June 2013.
The firm plans to announce a successor sometime next year. In a letter to the partners, Turley wrote, according to the blog
The firm confirmed Turley’s impending retirement on June 30, 2013, and said the succession process is now underway and the firm plans to make a decision by next April.
Turley has worked at E&Y since 1977 when he started out in the firm's Houston office.
The Internal Revenue Service's criminal investigators have been on the lookout for tax evasion by businesses that don't pay employment taxes.
The Internal Revenue Service previewed a draft form for crypto brokers for reporting on the proceeds of digital asset transactions to their customers.
Seventeen percent of comment forms in 2021 and 2022 contained auditor evaluation deficiencies, according to the PCAOB.
KPMG enters $1.1 million partnership with Women's Health Access Matters; UHY releases nonprofit trends report; and more news from across the profession.
Plus, LeaseCrunch announces webinar on lease changes and remeasurements; and other accounting technology updates.
While still a minority in the accounting world, remote partners offer unique benefits amid talent shortages.
