Wolters Kluwer says the use of its Open Integration Platform by tax and accounting firms is taking off. Firms can utilize the Software Development Kit for CCH Axcess to develop their own applications on top of the company's cloud-based suite.

Wolters Kluwer is continuing to consider applications to add to product line up for its Small Firm Services. The company added ProSystem fx for Small Firms in September and most recently CPE-Link to the applications that it is offering to its small firm clients.

Ernst & Young will pay more than $11.8 million to settle charges that one partner and a former partner ignored red flags in audits of an oil services company. The Securities and Exchange Commission says Craig Fronckiewicz, the partner who coordinated the audits, and former tax partner, Sarah Adams, who was part of the audit engagement team, missed the use of deceptive income tax accounting to inflate Weatherford International's earnings.