O’Malley Receives McCloy Award.

At the December AICPA National Conference on Current SEC Developments, Charles A. Bowsher, Public Oversight Board chairman, presented Shaun F. O’Malley with the 2000 John J. McCloy Award for outstanding contributions to the auditing profession in the United States. O’Malley, a former chairman of PricewaterhouseCoopers LLP (then Price Waterhouse), also served as chairman of the POB’s panel on audit effectiveness, which was recently dissolved after issuing a comprehensive analysis of issues affecting auditor independence. He was inducted into the Accounting Hall of Fame last August.

The POB established the award in memory of McCloy, a former POB and Chase Manhattan Bank chairman.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.