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“Failure” is a word that has a definite negative connotation in the vocabulary of a managing partner or CEO, but in the new concept of leadership management a collaborative failure should not be observed as a bad occurrence.

Ernst & Young LLP has acquired the corporate tax management consulting firm Atlas Service Link LLC.

Jennifer Warawa, vice president and general manager of Sage Accountant Solutions, discusses the shift to the cloud and other ways that accounting is changing, in an interview with Accounting Today editor-in-chief Dan Hood.

BDO USA LLP has added the Fort Worth, Texas-based regional accounting firm Hartman Leito & Bolt. The merger is expected to close on June 1.

Intuit agreed to acquire Lettuce, a start-up providing cloud-based solutions and an inventory and order management system to product-based small businesses.

The Center for Audit Quality and the American Institute of CPAs have issued a member alert discussing regulatory changes for audits and attestation engagements of brokers and dealers and futures commission merchants, including entities that are dually registered.

Journyx announced that companies seeking a new time and expense solution after the cancellation of Business Portal can download a free 30-day trial of its add-on software.

A tax preparer in Rochester, N.Y., faces up to 10 years in prison and a fine of $853,766 after creating fictitious employers for clients and filing tax returns claiming the Earned Income Tax Credit on their behalf.

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