Thomson Reuters has taken steps that should prevent the recurrence of a problem that affected cloud applications last week. The company says authentication problems shut out users of its Virtual Office and SaaS products for several hours on Friday, October 25. 

CCH has worked to fix and eliminate software and service problems identified a year ago by users, Karen Abramson, CEO of Wolters Kluwer Tax and Accounting, said this week. And after more than a year at the company, Abramson outlined four problems areas to attendees at the company's CCH Connections User Conference 2013 as she used her keynote to focus on issues and their resolution.

The Public Company Accounting Oversight Board has censured Deloitte and imposed a $2 million civil money penalty on the Big Four Accounting firm. Deloitte drew the action for not preventing a partner, who was subject to a PCAOB agreement barring him from associating with a registered firm, from continuing to be involved in audits.