A former CPA, Dick Reid Jenkins of Heber City, Utah, has been convicted of 18 counts of filing false tax returns and one count presenting a fictitious financial instrument of more than $300 millon. Jenkins filed returns claiming slightly more than $8.8 million in returns for himself and 16 other taxpayers.

Two brothers, who are Canadian Chartered Accountants, have been barred from practicing before the SEC for failing to discover a Chinese client company had virtually no clients or sales. Bryce and Spence Walker were partners of the accounting firm DNTW Chartered Accountants when they audited the financial statements of Subaye from 2007 through December 2010.

Intuit is expected to announce this week, QuickBooks Connect, a first-time major conference that will draw accountants and small business owners. The event is scheduled to begin on October 21 through 23 in San Jose, Calif., and the company is reportedly talking about attendance of between 4,000 and 7,000, expected to include developers and entrerepeneurs getting ready to start businesses.