IRS Warns Tax Pros to Safeguard Taxpayer Data [AT]
Internal Audit Shines Brighter with Boards [CFO]
GT and BDO told to buck up professional scepticism Serious concerns have been raised about some of Grant Thornton and BDO's listed company audit work in a review carried out by the profession's watchdog. In a series of check-ups of the firms' work, the FRC's review team found roughly a third of audit engagements inspected in need of significant improvement, with both firms taking flack for a lack of professional scepticism. [Accountancy Age]
Ernst & Young’s multiple Nortel roles shrouded in mystery [FP]
Ex-Deutsche Bank Accountant Gets 3 1/2 Years for Tax Fraud [Bloomberg]
Accounting Under FASB's Credit Loss Model: Too Much of an Audit Challenge? [BloombergBNA]
New York Budget Includes Tax Subsidy to "The Tonight Show" [TF]
