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A former controller who embezzled $8.7 million from the Pepsi bottling company where he worked and then spent six years as a fugitive on the Appalachian Trail has been sentenced to eight years in prison.

Ernst & Young outpaced the rest of the Big Four in auditing the most public companies last year, according to a new ranking.

Two firms share their experiences with software for NFPs

For growth, you need more than lunch with a friendly lawyer

Xero has updated its online invoicing feature with the aim of helping small businesses get paid faster.

UBS Group AG has ended a legal fight with the Internal Revenue Service, agreeing to hand over records on an American client’s account in Singapore as U.S. authorities seek to move beyond Switzerland in their fight against offshore tax evasion.

A former Credit Suisse Group AG banker pleaded guilty to helping Americans evade taxes, admitting his role after spending the past five years as a fugitive.

Internal Revenue Service Commissioner John A. Koskinen committed an impeachable offense by giving false testimony to Congress about his agency’s preservation of e-mails, a conservative lawyer told the House Judiciary Committee.

Highlights of some of our favorite tax-related blogs from the past week.

Some tips that may help you excel at Excel

Roomy Khan, a technology executive and financial analyst who helped convict Galleon Group founder Raj Rajaratnam on fraud charges, told a group of fraud examiners last week about how she became enmeshed in the insider trading scheme.

In a recent article on Accounting Today’s website, Auditors: Friends or Foes, Jillian Rojas explored an interesting comparison between public company auditors and the police.

The Tax Revolution Institute (TRI) announced on Wednesday the winners of their Robert A. Heinlein Tax Revolution Scholarship competition. Kenneth Adams, a high-school senior from Albuquerque, N.M., won first place and will receive a $2,500 scholarship to help pursue his studies in economics and political science at American University in Washington, D.C.

Currently designated empowerment zones, areas where employers and other taxpayers can qualify for certain tax incentives, will remain in place at least through the end of this year.

It’s an accountant’s worst nightmare—the dreaded last mile of finance, when a month’s worth of work is uncomfortably squeezed into a few days to ready the close for financial reporting and disclosure.

The Electronic Tax Administration Advisory Committee issued its annual report Wednesday, with recommendations calling on the Internal Revenue Service to expand its electronic filing efforts and digital strategy, and to offer end-to-end capabilities on online accounts for both taxpayers and tax professionals.

House Speaker Paul Ryan unveiled a long-awaited proposal to repeal Obamacare and replace it by providing tax credits to help people buy insurance, letting them purchase coverage across state lines, and providing $25 billion for state-run high-risk pools to aid people priced out of coverage.

Accounting Degree Review, an online resource in accounting education and other related topics, recently published their ranking of the Top 30 Affordable Online Bachelor's Degrees in Accounting. The ranking weighs factors such as annual tuition rates (from the 2015-2016 academic year) and other fees in determining list placement.

PricewaterhouseCoopers recently announced PwC’s new leadership team, including Maria Moats, a Latina who has been working as chief diversity officer at the firm and will assume the role of U.S. assurance leader, effective July 1.

Moving to Web-based apps? Get answers to these questions first.