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Accounting firm fined $35 million for oversight failure in embezzlement scam

A Minnesota accounting firm will pay a $35.15 million fine for not detecting an embezzlement scheme run by the former comptroller of an Illinois city. The Pioneer Press reports that the firm...

October 02, 2013

Green banner with leaves saying

Accountants Support Lawmakers' Move To Limit Auditors

For the first time in a decade, this year’s Minnesota Legislature did not order the state revenue department to hire more auditors. Accountants say that’s one thing the politicians finally got right.

September 20, 2013

Wilfs' worth could be publicly revealed in New Jersey lawsuit

How much are the Vikings’ owners worth? We may find out as part of the resolution of a New Jersey lawsuit. The Star Tribune reports a judge who earlier ruled that Zygi and Mark Wilf defrauded...

September 09, 2013

Contractors Contest New Rules For Employing Veterans

New regulatory changes are meant to promote the hiring of veterans, but the local head of the Association of General Contractors is calling foul, claiming paperwork costs could be prohibitive.

August 29, 2013

Target store

Web Sales Still A Small Slice Of Big Retailers’ Revenue

Target is among retailers that have been touting growth in online sales. But when contacted by regulators, the company reportedly said that digital sales have represented an “immaterial amount” of total revenue.

August 28, 2013

Kevin Moquist

MN Accounting Firm Merges With Fast-Growing Chicago Co.

Edina-based Moquist Thorvilson Kaufmann will become part of BDO USA, a significantly larger national firm with which it has maintained a relationship for several years.

June 27, 2013

Abdo, Eick & Meyers Managing Partner Steve McDonald

Abdo, Eick & Meyers Acquires MN Firm Francis & Associates

The two Minnesota firms plan to merge on November 1, boosting Abdo, Eick & Meyers’ employee base to roughly 100.

May 21, 2013

Gordon Viere

CliftonLarsonAllen Co-CEO Exits; Mpls Exec Now Sole CEO

Since last year’s merger, CliftonLarsonAllen has been led by co-CEOs; now, former LarsonAllen CEO Gordon Viere will be the firm’s sole leader.

April 01, 2013

State capitol

Study Identifies Areas For MN To Boost Efficiency

A study performed by IBM compares Minnesota’s efficiency in the areas of human resources, finance, payroll, and procurement to the performance of leading private- and public-sector organizations.

March 26, 2013


Number Crunch: Tax Time Overtime

The average overtime hours that local accountants worked last April.

December 19, 2012

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