A Miami, Fla., CPA who repeatedly dodged scheduled dates for sworn testimony has been censured by the Public Company Accounting Oversight Board. Douglas A. Labrozzi, whose excuses included vacation plans, was barred from being associated with a PCAOB firm and registration of his firm Douglas A. Labrozzi CPA, was revoked for the refusal to cooperate with an investigation and for backdating audit documents. 

Web-based PinPoint, a business valuation platform, helps advisors determine an accurate and legally defensible value for private companies. The application calculates projections based on the income, asset and market approaches, enabling  valuators to produce a value from each approach and weight these according to the type of valuation being performed.

The Tax & Accounting business turned in a good performance for Thomson Reuters for 2013. The operation showed a 9-percent increase in revenue over 2012 results with both the Corporate and Professional segments showing double-digit increases in sales that were offset by a 33-percent drop in government revenue.