Let’s see what’s in the news today.
EisnerAmper Announces September Merger Plans With KROST CPAs
EisnerAmper will merge with KROST CPAs in a deal expected to close in September, the firm announced Tuesday.
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Vice President Accounting Of Smart Sand Makes $64K Sale
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More Than a Bean Counter: Why Accounting is More Exciting Than You Think
It is critical for those studying business in college to understand how diverse and dynamic the accounting industry can be.
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Wall Street regulator approves tougher rules for ‘negligence’ in accounting
In a split vote, Wall Street’s top regulator on Tuesday blessed new rules making it easier for an audit watchdog to hold people responsible for audit firms’ violations.
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Wall Street regulator approves tougher rules for ‘negligence’ in accounting
In a split vote, Wall Street’s top regulator on Tuesday blessed new rules making it easier for an audit watchdog to hold people responsible for audit firms’ violations. Divided along party lines, the five-member U.S. Securities and Exchange Commission voted 3-2 to approve a rule change adopted in June by the U.S. Public Company Accounting Oversight Board, changing the standard of liability to negligence rather than recklessness for “associated persons,” such as partners and independent contractors, who substantially contribute to a firm’s violations.
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