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Current loans at EYGS LLP — the entity that provides services to the network's member firms — more than tripled from a year earlier to $983 million as of June 30, 2023.
February 12
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The 150-hour requirement for obtaining a CPA license has led to a decline in Black and Latino CPAs of up to 26%, according to a research study.
February 9 -
The short report by Muddy Waters accuses Fairfax of manipulating asset values to the point that a "conservative adjustment" would reduce its book value by roughly $4.5 billion.
February 9
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The international network's revenue reached $5.2 billion for the fiscal year ended Dec. 31, 2023.
February 8
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New rules will require firms to provide more details with watchdogs, including investments, borrowing and counterparty exposure.
February 8
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A Seoul court cleared Samsung Electronics Executive chairman Jay Y. Lee of all charges including stock-price manipulation and accounting fraud.
February 8
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The Treasury's Financial Crimes Enforcement Network hopes to deter money laundering in the residential real estate industry with a newly proposed rule.
February 7
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The AICPA's professional liability insurer will cover client services related to the Corporate Transparency Act's beneficial ownership information reporting requirement.
February 7
Friedlich Law Group -
The International Auditing and Assurance Standards Board is proposing to toughen its rules for requiring auditors to look for signs of fraud in a client's financial statements.
February 6
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Quarterly results at MicroStrategy Inc. will likely get more volatile under a recently approved accounting rule change that requires valuing the digital asset at market prices.
February 6
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Prosecutors sought a five-year prison sentence along with a fine on charges of stock-price rigging and accounting fraud.
February 5
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The Top 25 Firm based in New York has added a firm headquartered in Wakefield, Massachusetts, expanding Marcum's government client base in New England.
February 5
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The Illinois CPA Society and its CPA Endowment Fund have begun accepting scholarship applications for the 2024-2025 academic year.
February 2
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The jobs report far surpassed most economists' expectations, but the unemployment rate held steady at 3.7%.
February 2
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Bribe payments by the oil-trading giant were facilitated by an accounting system that allowed employees to skirt internal controls.
February 2
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AICPA chief Barry Melancon discussed the tax extenders bill that's working its way through Congress, and a host of other issues affecting the accounting profession.
February 1
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Audit reports contain significant, material information, argues accounting educator J. Edward Ketz.
February 1
The Pennsylvania State University -
The Las Vegas-based franchising company that works with other franchises is extending its reach nationwide.
January 31
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Hourly earnings growth for employees is slowing, even as job growth continues, according to a new report from Paychex.
January 31
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Private sector employers added 107,000 jobs in January as annual pay grew 5.2% on a year-over-year basis, payroll giant ADP reported.
January 31
