The New York Attorney General has filed a lawsuit against Ernst & Young, accusing the firm of helping Lehman Brothers hide its financial weakness from investors from 2001 until the investment bank collapsed in 2008.
Vault.com, a source of ratings, rankings, and insight for students and professionals, recently released lists of top accounting firms in various categories, including: best to work for, prestige, and quality of life.
Employees and family members of Phoenix-based CPA firm Abalos & Associates, PLLC, recently participated in Arizona Walk Now for Autism Speaks, an event held to raise funds and awareness to support individuals affected by autism.
Richard T. (Rick) Baumeister, Jr., CPA, managing partner at Sanford, Baumeister & Frazier, PLLC, has announced that the Fort Worth, TX-based accounting firm will be merging Hugly PC, a North Dallas-based accounting firm, into SB&F.
Voice of the Editor
What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
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