Below please find daily updates pertaining to the latest in financial, business, and tax news:

Former KPMG Partner Scott London Gets 14 Months in Prison

April 24, 2014

The ex-KPMG senior audit partner was sentenced on Thursday for providing inside information about several of his firm?s clients to a friend, who used it to make at least $1.2 million in illicit profits....

GAO Report Links IRS Problems to Budget Cuts

April 24, 2014

The IRS could do a better job if it had more resources at its disposal, says the GAO, which has recommendations for the IRS on how it can improve its performance....

Earn CPE Credits at 2014 IRS Tax Forums

April 24, 2014

Enrolled agents and CPAs can earn as much as 18 credits by attending one of five IRS Nationwide Tax Forums this summer. The three-day events feature seminars, workshops, and a two-day expo....

Bramwell?s Lunch Beat: Lawmakers Weigh In on IRS Bonuses Issue

April 24, 2014

The menu for April 24 features specials on Russia scrambling on FATCA, arrests in ID theft and fake tax return scheme, could the US implement a tax lottery like Slovakia, and more....

Auditing Special Purpose Frameworks: the General Ledger

April 24, 2014

One of the most significant analytical procedures is reading, or scanning, the general ledger account activity. It can have a major effect on audit strategy....

FRF for SMEs Series?Statement of Financial Position, Part 1

April 23, 2014

Event Date: May 15, 2014, 1 pm ET...

Six Steps to Recover from Service Failures

April 23, 2014

Event Date: May 14, 2014, 2 pm ET...

IRS Responds to TIGTA Report on Bonuses

April 23, 2014

The agency said it is developing a policy linking conduct to performance awards for executives and senior-level employees ? and a similar policy for all IRS employees will be considered....

10 Mobile Apps Worth a Look

April 23, 2014

Are you looking for ways to make your mobile devices more useful? Whether or not you use the apps listed here, you should know what's out there for you and your clients. ...

Bramwell?s Lunch Beat: IRS May Want to Fix Its Bonus Policy

April 23, 2014

The menu for April 23 features specials on the London Stock Exchange changing audit firms, IRS heading to US Supreme Court, co-signers causing surprise defaults on student loans, and more....

Emochila: CPA Websites