CaseWare International has named David Osborne as its new CEO. The Audit software company also appointed industry veteran Mike Sabbatis as its chair.

A federal appeals court has rejected a former CPA’s claim his conviction for defrauding the Internal Revenue Service of $600,000 should be reversed because he relied on information from his client.  The United States Court of Appeals for the First Circuit ruled there was overwhelming evidence that John H. Nardozzi had conspired with his  client,  State Senator Brian Joyce, from 2011 through 2014.

 A study by the American Institute of CPAs has found that 34 percent of business executives expect travel spending will reach pre-pandemic levels by the end of this year. But 46 percent of the 770 respondents surveyed said the cost savings they experienced during the shutdown mean their own travel will remain restricted.