BDO

The Internal Revenue Service has proposed guidance on the new partnership audit regime that promises to make it easier for firms, if not all their partners, but with some extra complications added by the new tax reform law.

BDO reported Thursday its global revenues grew 8 percent to $8.1 billion in fiscal year 2017 across its network of firms as its headcount grew 9.04 percent.

Moss Adams adds 14 partners; Weaver expands health care practice; and other recent hires, promotions and personnel news from firms across the country.

BDO International has appointed Albert Lopez as CEO of the Americas region, succeeding Keith Farlinger, who was previously named as CEO of the BDO firm network.

The revenue recognition standard that takes effect next year could help health care providers and regulators identify instances of Medicare and Medicaid fraud by subjecting their financial statements to new scrutiny, although in some ways the new rules could also spur some forms of fraud.

Avalara releases GST compliance tool for India, and XCM adds BDO Canada as a client.

Citrin Cooperman adds two partners and a principal; LBMC promotes 19 professionals to senior; and other recent hires, promotions and personnel news from firms across the country.

BDO USA said Wednesday its revenue for the fiscal year ending June 30, 2017, climbed to $1.41 billion, a 9.6 percent increase from $1.29 billion in fiscal year 2016.

Auditors are increasingly taking responsibility for fraud detection and cybersecurity at companies, whether they like it or not.

Georgia, Maine and New York societies appoint new leaders; Brown Edwards admits two to partnership; and other recent hires, promotions and personnel news from firms across the country.