News

The Public Company Accounting Oversight Board has barred a McGladrey partner from being associated with a registered accounting firm for two years. PCAOB barred Dale Hotz, a partner in the firm's Frederick, Md., office, and also disciplined two former McGladrey directors for their alleged roles in altering and backdating documents prior to an inspection by the agency.

Wolters Kluwer said last week that its tax and accounting business, largely CCH's operations, "improved to positive organic growth" for the third quarter ended September 30. That statement was part of the trading update issued for the period.

Automatic Data Processing eked out a less than 1-percent increase in net income for the first quarter ended September 30, on a 5-percent increase in revenue. The net was dented by several factors that countered what was pictured as good performance in areas such as payroll services.

The Tax and Accounting business of Thomson Reuters is completing a process that puts both software help and the ability for users to make suggestions into applications within its CS Professional suite.