The Latest

The Public Company Accounting Oversight Board has sanctioned five current and former partners and employees of the auditing firms L.L. Bradford & Company, LLC in Las Vegas and Samyn & Martin in Kansas City, Mo., for violating PCAOB requirements for auditor independence, audit partner rotation, and audit planning and performance.

The controversial car ride app Uber is appearing on an increasing number of employee expense reports so far this year, according to a new analysis.

California and Colorado taxpayers had a higher chance of an IRS audit than taxpayers in any other states, according to a new study, while New York and Massachusetts had the highest chance of an audit of their 2013 state tax return.

The housing mortgage giants Fannie Mae and Freddie Mac could need another bailout in the next few years because they are being left undercapitalized by the Treasury Department, according to the former chairman of the Federal Deposit Insurance Corporation.

The Internal Revenue Service opened 19 percent fewer criminal investigations in fiscal 2014 than in the previous year, reflecting a decrease in budget and staffing, according to the agency.

The Association of Chartered Certified Accountants has introduced ACCA-X, a set of online learning courses for accountants and financial professionals.

Check out the digital edition of the April 2015 issue of Accounting Today.

The New Jersey Society of Certified Public Accountants (NJCPA), which has supported the study of accounting in high school and college for more than five decades, will continue that tradition by awarding a record $565,000 in scholarships.

Toshiba Corp. fell the most in more than a year after the company said it would appoint a committee to investigate possible problems with its accounting.

One time I was reviewing a time run and noticed a certain staff tax person, Elliot, kept appearing on clients he wasn’t assigned to and I wondered why.