PwC Aims to Shatter the Accountant Stereotype
PricewaterhouseCoopers wants to show the life of an accountant and auditor isn’t so boring after all, with a new YouTube video.
Wealthy Kids Save More for College, Thanks to the IRS
Assets in college savings plans named for an obscure section of the Internal Revenue Service code hit a new record this summer, totaling $266.2 billion. That’s up 5.1 percent from a year ago, when assets in the accounts stood at $253.2 billion.
AppZen Uses AI to Scrutinize Expense Reports
A startup technology company, AppZen, has introduced new technology that is leveraging artificial intelligence to examine expense reports for signs of fraud.
FIFA Picks PwC as New Audit Firm
FIFA has chosen PricewaterhouseCoopers’ Swiss firm as its new auditing firm as the international soccer federation tries to recover from a high-profile corruption scandal.
SEC Charges EY with Violating Audit Independence Rules amid Romantic Entanglement with Client
Ernst & Young agreed to pay $9.3 million to settle charges with the Securities and Exchange Commission that two EY audit partners became too close to audit clients, including one who had a romantic relationship with the client.
Tax Strategy Scan: RMD Deadline Looms for Boomers
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
PCAOB Sanctions Audit Firms and Partners for Violating Independence Rules
The Public Company Accounting Oversight Board imposed sanctions on three audit firms, along with engagement partners at two of the firms, for violating independence requirements while auditing broker-dealer clients.
The New Auditor-Client Relationship
Joel Curry of Validis discusses in this video the changing relationship between auditors and their clients and how it can move to consulting and business advisory services.
Trump to Tout Tax Plan's Growth Benefits amid Questions of Cost
Donald Trump will tout his plan to cut taxes for individuals and businesses on Thursday as a way to stimulate economic growth, but a question that has loomed over the proposal for roughly a year will remain a topic of debate among economists: By how much would Trump’s tax cuts reduce federal revenue?
Women Confronting Challenges as Internal Auditors
While women are advancing in the internal audit profession, especially in the U.S. and Canada, many women still feel they lack the necessary skills to compete with their male peers, according to a new report.