PwC settled lawsuit over MF Global audits

PricewaterhouseCoopers settled a lawsuit with MF Global’s bankruptcy administrator for an undisclosed sum.

  • Dispute over Arthur Andersen legacy continued.
  • A French firm claimed it continued building its network in defiance of Andersen Tax's legal claims.
  • Tax preparers are prime cybercrime targets.
  • No matter how small the firm, client information is very tempting to hackers.
  • Given the time pressures involved in tax season, many tax professionals aimed to gather information from their client interviews as quickly as possible.
  • American Accounting Association expanded its research database.
  • The online compendium links to social media accounts and has a video walk-through.
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Gala event at a Mexican Restaurant called Pescadon. Fundraiser for children with autism. About 200 people attended.

Jeff Travis, CPA

SEC accused former executives iPayment of stealing millions

SEC accused former executives of stealing millions

The Securities and Exchange Commission charged two former executives at iPayment, a Westlake Village, California-based credit card processing company, with overseeing a scheme to steal millions of dollars via bogus expense reimbursements, inflated invoices and various accounting maneuvers.

Jeffrey B. Travis