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| Do-or-Die Question Every Accounting Firm Must Answer | | by HITENDRA R. PATIL | | | Last September, Accounting Today published the thoughts shared by “Top 100 Most Influential People in Accounting” in an in-depth article, “T100 Extra: The Most Important Issues Facing the Profession.” From the more than 18,000 words expressed by the influencers, I identified the 31 most critical words that truly reflect their wisdom about the real “challenges” facing the Accounting profession today.
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| Jersey Resident Indicted for Trying to Rip Off IRS | | | A New Jersey man has been indicted for placing hundreds of telephone calls to the Internal Revenue Service’s electronic payment system in an effort to obtain credit for hundreds of millions of dollars in fictitious tax payments to the IRS that he did not actually make.
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| KPMG Cuts Ties With Zuma-Linked Guptas amid Influence Probes | | by FRANZ WILD | | | KPMG Southern Africa, a member of the global advisory network, has ended a 15-year stint auditing companies controlled by the Johannesburg-based Gupta family, after the ruling party and the national graft ombudsman announced investigations into its alleged influence over the state.
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