Audit

More than 100,000 people who used to work or live in the state have received notices asking why they paid less to the state than they have in years past.

State tax authorities have sent more than 149,000 audit notices, including automatically computerized letters.

In a slow quarter for new engagements, EY and Gries & Associates also made good showings.

A string of high-profile scandals have pushed the work of the world’s biggest auditors back into the spotlight.

The congressional group took the unusual step of backing a candidate, law firm partner Erica Williams, to head the audit overseer.

While tax residency rules vary from state to state, changing residency generally requires a concurrent determination of domicile.

The Securities and Exchange Commission charged Ernst & Young, one of its current partners, and two of the firm’s former partners Monday with violating auditor independence rules and improper professional conduct.

A federal judge in San Francisco ruled in favor of PricewaterhouseCoopers in a case involving a former employee who sued PwC for firing him after he complained about conflicts of interest among audit clients.

Former Treasury officials say both parties should agree to increase money for the agency.

Having accountants involved seems to lower costs and result in fewer restatements.