May 2013
Accounting Today;May2013, Vol. 27 Issue 5, p6
Trade Publication
The article discusses some of the events that shaped the accounting profession in the U.S. as of April 2013. The Securities and Exchange Commission (SEC) charged Scott London, a former partner at KPMG, for insider trading after he shared non-public information about clients. U.S. President Barack Obama formally announced tax reform proposals after he unveiled his administration fiscal 2014 budget. Iowa auditor David A. Vaudt was appointed chair of the Governmental Accounting Standards Board.


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