PricewaterhouseCoopers LLP’s China unit expects the Chinese government to hand down a six-month ban as part of punishment over its audit of failed property giant China Evergrande Group, according to a person familiar with the matter.
Category: NYT Accounting News
Trump, Harris tout different visions for tax policy
As the November election draws nearer, accounting and tax pros are looking at the candidates’ past records to understand what changes each administration could enact.
The ‘Security Six’ protects tax pros against cyberattacks
The Internal Revenue Service and its partners have identified half a dozen steps for safeguarding taxpayer information.
Caseware and CPA Club partner on quality management
Caseware and CPA Club announced a new collaboration that will combine each of their resources to facilitate the implementation and use of quality management solutions for firms.
Tax-exempt compliance checks take 3X longer
The Treasury Inspector General for Tax Administration found that IRS Tax-Exempt Compliance Unit examiners spent 6.1 hours on average per case in 2023, up 281% from 2020.
The pros and cons of tax-free tips
Both presidential candidates have floated it, and there are benefits for both workers and employers — though not always how you’d expect.
Generational Viewpoints: Parsing Gen Z
A boomer and a Gen X from BSB CPAs give their take on the newest generation to join the workforce.
SEC approves tougher rules around auditor ‘negligence’
The commission approved proposals from the PCAOB around contributory liability, the responsibilities of the auditor, and technology-assisted data analysis.
SOC 2 reports reimagined: From burden to business enabler
It’s time to change our outlook and embrace the advancements in performing SOC 2 audits to fully realize the incredible amount of value and competitive advantage the service can provide.
Greatland buys Information Returns
Greatland Corporation, the company behind Yearli, announced it has acquired Information Returns Inc.