"It isn't easy to take on those big boys, but one has to do it because otherwise I think the big boys are encouraged to feel that they can push the SEC around."
-- Former SEC commissioner Bevis Longstreth, commenting on how the SEC has rarely reprimanded any Big Four firms for wrongdoing.
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.
