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 )

SPONSORED REPORT

States look to unclaimed property for revenue

This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.

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Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.