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Unveiling the Fast-Paced Shifts in U.S. Accounting Standards
Explore the latest shifts in U.S. accounting standards led by FASB, focusing on revenue recognition and lease accounting. Learn what these changes mean for businesses. Read more...
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Intuit Seeks Accountant Council Members
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Navigating the Transition: Embracing Remote Solutions in Accounting Firms
Explore how accounting firms are embracing remote solutions, leveraging cloud technology, and enhancing client trust in the evolving digital landscape. Read more...
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Navigating the Transition: Embracing Remote Solutions in Accounting Firms

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Navigating the Future: The Rise of Automated Accounting Software
Discover the impact of automated accounting software on the accounting industry. Explore how technology is enhancing efficiency and accuracy in financial data processing. Read more...
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Microsoft Extends XP Anti-Virus Support
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Tax
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Navigating Tax Compliance Challenges in the Post-Pandemic Era
Explore the challenges business face in tax compliance amidst evolving regulations post-pandemic, with insights from leading advisory firms. Read more...
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Navigating Tax Compliance Challenges in the Post-Pandemic Era
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Sales Tax & Compliance
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Navigating the Complexities of Sales Tax Compliance in the Digital Age
Explore the complexities of sales tax compliance in the digital age and discover technology solutions to navigate the evolving landscape. Read more...
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Written by Patrick O'Leary

How Sales Tax Impacts Company Growth Interview with Jerome Kaiser, Chief Financial Officer, SeneGence International
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People & Moves
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The Changing Dynamics of Accounting Leadership in Modern Firms
Explore how leadership dynamics in accounting firms are changing due to technology and diversity trends, with insights into modern strategies and tools shaping the industry's future. Read more...
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Special Reports
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Special Report: How AI Is Reshaping Payroll
How AI Is Reshaping Payroll: What Every Business Needs to Know The 2025 Payroll Special Report explores how artificial intelligence is revolutionizing payroll—transforming it from a back-office function into a strategic powerhouse. Discover how AI is enabling greater efficiency, accuracy, and compliance while unlocking real-time insights and cost-saving automation. With insights from industry leaders at ADP, Paychex, KPMG, and more,…
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2009 Tax Preparation Software Review
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SEC Bars Four CPAs at New York Firm

Tuesday, 12 November 2013

News

Four CPAs and their New York City accounting firm have been barred from appearing before the SEC for their roles in the audits of three Chinese companies. The firm, Sherb & Co., was also hit with a $75,000 civil money penalty after the SEC found auditors missed obvious errors and red flags and in one case, ignored a warning from one client's controller and the attempted bribe of a member of the audit staff by another client.

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