Audit & Accounting

Accounting firm Beard Miller Co. has combined with Edwards Sauer & Owens, a Pittsburgh-based CPA firm that will build BMC's presence in central and western Pennsylvania.

Parente Randolph has merged with Boyle, Brogan, Shusman & Nicastro, expanding Parente's office space and clientele in South Jersey.

The Internal Revenue Service and the Treasury Department have released final regulations and a revenue procedure requiring tax preparers to obtain consent before they can distribute taxpayer information to third parties, along with a proposal to restrict the marketing of refund anticipation loans and similar products.

James E. Koenig, the former CFO of disposal giant Waste Management, was ordered to pay over $4 million in penalties for committing 60 securities law violations over a five-year period.

Banking giant HSBC USA has said it would sell its Wealth and Tax Advisory Services USA business to some of its managing directors for up to $65.9 million as part of a management buyout.

The Government Accountability Office has issued a guidance document to help auditors comply with the new requirements of the July 2007 revision of government auditing standards.

This free, new webinar details how practitioners are implementing the new audit standards that change how non-public company, not-for-profit and governmental audits are performed.

The Securities and Exchange Commission said the U.S. District Court for the District of Minnesota has entered final judgments against the former CFO and controller of Buca Inc., the corporate parent of the Buca di Beppo restaurant chain.

The American Institute of CPAs has issued guidance defining terms for describing the professional requirements of accountants who perform a compilation or review.

The Internal Revenue Service and the Treasury Department have implemented enhanced standards of conduct for tax preparers.