Audit & Accounting

PwC wins ruling against auditor whistleblower who sued over termination

By Michael Cohn       4 min read

A federal judge in San Francisco ruled in favor of PricewaterhouseCoopers in a case involving a former employee who sued PwC for firing him after he complained about conflicts of interest among audit clients. Read story →

Rapid change, uncertainty to remain hallmarks of profession, say AICPA leaders

By Danielle Lee       7 min read

The key tactic for CPA firms moving forward is strategic prioritization, according to the panel of AICPA and CPA.com leaders.  Read story →

SPAC restatements proliferate in wake of SEC warning

By Michael Cohn       3 min read

A warning from the commission has prompted hundreds of special purpose acquisition companies to issue financial restatements. Read story →

FASAB releases standard for accounting and reporting for federal land

By Michael Cohn       2 min read

The Federal Accounting Standards Advisory Board released a standard for accounting and financial reporting on government-owned land and delayed the effective date due to the pandemic. Read story →

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IRS proposes new rules for e-filing information returns

By Michael Cohn       3 min read

The Internal Revenue Service proposed regulations lowering the threshold so more employers will need to electronically file information returns such as W-2 and 1099 forms instead of filing them on paper. Read story →

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