He attempted to help restore confidence in corporate America following a wave of fraud, including the bankruptcies of Enron and WorldCom.
Category: NYT Accounting News
IMA tries to attract young accountants
The Institute of Management Accountants held its annual conference this week in San Antonio, Texas, where it discussed ways to attract more people to join the profession.
CFOs concerned about economy ahead of election
CFOs remain divided on the prospects for the economy and continue to see risks from inflation, cybersecurity, generative AI and talent shortages, according to a new survey from Deloitte.
SCOTUS asks for input on cert decision in SALT case
The Supreme Court asked the solicitor general to weigh in on whether a Pennsylvania tax case has federal ramifications.
IRS pushes recruitment with updated Careers site
For tax pros, the IRS is also hosting recruiting events at its Nationwide Tax Forums.
A midyear multistate payroll compliance checklist
If you have clients with employees in more than one state, they must pay attention to the payroll-related rules and tax responsibilities in the states where those staff live and work.
Trump floats tariff hikes to offset income tax cuts
Republican lawmakers, including some who have been skeptical of higher tariffs, said Trump’s pitch was well received.
Tax Fraud Blotter: Big winners
Extreme and outlandish; General nonsense; tat’s all, folks; and other highlights of recent tax cases.
PCAOB updates strengthen auditor accountability
The Public Company Accounting Oversight Board’s amendments will make it easier to hold auditors accountable for violations, among other things.
Companies aren’t ready for CSRD, but say they will be
Two-thirds of companies say they will be ready to report under the EU’s Corporate Sustainability Reporting Directive, but many don’t know how, a new PwC survey says.