QUOTE: June 21, 2002 "The independent PAB envisioned by this proposal allows for a broader enforcement capability, beyond fraud and illegality; for the first time it would put in place a private sector system powerfully able to address accountants' ethical lapses or competence deficiencies." -SEC Chairman Harvey Pitt, during a speech detailing his proposal for a new Public Accountability Board to oversee the accounting profession.
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.
