Legal

BDO Seidman LLP sues the AICPA, its Web portal and a group representing state societies participating in a related business venture with the Institute. The suit alleges the CPA2Biz portal unfairly competes against BDO Seidman and other firms providing online consulting and assorted services similar to those CPA2Biz offers. According to published reports, CPA2Biz’s independent auditor Grant Thornton disputes the suit’s merits even though the firm itself offers services comparable to the portal’s. ( www.electronicaccountant.com/news/101101_1.htm )