Latest Accounting and auditing services News

FBI arrests 7th person in Puerto Rico public corruption case

Aug. 12, 2020 12:14 PM EDT

SAN JUAN, Puerto Rico (AP) — Federal agents on Wednesday arrested an accountant in a corruption investigation involving Puerto Rico's former education secretary. FBI spokeswoman Limary Cruz identified the man as Aníbal Jover, who once was president of Puerto Rico’s Association of Certified...

WIld Hills Winery co-owner Colleen Halverson views the emerging fruit of a grapevine in the vineyard of the business near Muscoda, Wis. Tuesday, July 21, 2020. The winery, formerly known as Weggy Winery, produces about 2,000 gallons of wine a year. Halverson and husband Aaron want to eventually increase production to 10,000 gallons a year. (John Hart/Wisconsin State Journal via AP)

New wineries tout views, alter business plans amid pandemic

Aug. 8, 2020 1:02 AM EDT

MUSCODA, Wis. (AP) — The ridge a few miles north of here holds 20 varieties of grapes, orchards filled with peach, apple, cherry, apricot and other fruit trees and one of the largest black current patches in the state. What sold Colleen and Aaron Halverson on this 81-acre property in southern Richland...

FILE - In this Friday, Feb. 7, 2020, file photo, Manhattan District Attorney Cyrus Vance Jr. leaves court, in New York. Vance, the New York prosecutor who has been fighting to get President Donald Trump’s tax returns, got Deutsche Bank in 2019 to turn over other Trump financial records. (AP Photo/Richard Drew, File)

NYC prosecutor sought records from Trump's bank

Aug. 5, 2020 8:51 PM EDT

NEW YORK (AP) — The New York prosecutor who has been fighting, unsuccessfully so far, to get President Donald Trump’s tax returns had better luck last year getting a bank to turn over his financial records. The office of Manhattan District Attorney Cyrus R. Vance sent a subpoena last year to...

President Donald Trump listens during a meeting with U.S. tech workers, before signing an Executive Order on hiring American workers, in the Cabinet Room of the White House, Monday, Aug. 3, 2020, in Washington. A Manhattan prosecutor trying to get President Trump’s tax returns told a judge Monday that he was justified in demanding them, citing public reports of “extensive and protracted criminal conduct at the Trump Organization.” Trump’s lawyers last month said the grand jury subpoena for the tax returns was issued in bad faith and amounted to harassment of the president. (AP Photo/Alex Brandon)

Prosecutor seeking Trump's taxes cites probe of his business

Aug. 3, 2020 7:49 PM EDT

NEW YORK (AP) — A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge Monday he was justified in demanding them because of public reports of “extensive and protracted criminal conduct at the Trump Organization.” Manhattan District Attorney Cyrus...

Editorial Roundup:

Aug. 3, 2020 10:00 AM EDT

Des Moines Register. july 31, 2020. Can you give us the lowdown for the layman on how vaccines work? Vaccines are cheat codes for the immune system. If you don’t know what a cheat code is, stop right now and look it up. The human body is designed to have certain events occur at certain times....

Former Wilmington Trust execs lose bid to nix SEC complaint

Jul. 29, 2020 5:58 PM EDT

DOVER, Del. (AP) — A federal judge on Wednesday rejected a request by two former bank executives who were convicted on criminal charges to dismiss a civil suit filed against them by federal securities regulators. The Securities and Exchange Commission complaint alleges that former Wilmington Trust...

FILE- In this March 5, 2017, file photo a closeup of Under Armour cleats are seen before a drill at the 2017 NFL football scouting combine in Indianapolis. Under Armour received a warning from U.S. regulators that the company and two executives could be punished over past accounting practices. The sporting goods company said in a government filing Monday, July 27, 2020, that the warning, known as a “Wells Notice,” was sent last week from the U.S. Securities and Exchange Commission.  (AP Photo/Gregory Payan, File)

Regulators warn Under Armour over accounting disclosures

Jul. 27, 2020 12:35 PM EDT

NEW YORK (AP) — Under Armour said Monday that it received a warning from U.S. regulators that the company and two of its executives could be punished over past accounting disclosures. The sporting goods company said in a government filing Monday that the warning, known as a “Wells Notice," was sent...

Editorial Roundup:

Jul. 27, 2020 10:01 AM EDT

Omaha World-Herald. July 22, 2020. Let’s not hurt others while we cheer for our sports teams One positive effect of our racial reckoning spurred by the killing of George Floyd under the knee of a police officer has been renewed attention toward treatment of Native Americans. After years of resistance, the...

Bill Christeson holds up a sign that reads

No peeking, voters: Court keeps Trump taxes private for now

Jul. 9, 2020 4:03 PM EDT

WASHINGTON (AP) — Rejecting President Donald Trump’s complaints that he's being harassed, the Supreme Court ruled Thursday in favor of a New York prosecutor’s demands for the billionaire president’s tax records. But in good political news for Trump, his taxes and other financial...

FILE - In this March 25, 2015 file photo, CEO Mark Zuckerberg gives the keynote address during the Facebook F8 Developer Conference in San Francisco. A two-year audit of Facebook’s civil rights record found that the company’s elevation of free expression, especially by politicians, above other values has hurt its progress on other matters like discrimination, elections interference and protecting vulnerable users. (AP Photo/Eric Risberg, File)

Five takeaways from Facebook's civil rights audit

Jul. 8, 2020 5:46 PM EDT

A two-year audit of Facebook’s civil rights record found that the company’s elevation of free expression — especially by politicians — above other values has hurt its progress on other matters like discrimination, elections interference and protecting vulnerable users. Facebook hired...