SCORE has initiated its fifth annual American Small Business Championship (ASBC), a competition that recognizes small business success and helps those firms gain resources to keep growing. Supported by funding from Sam’s Club, the call for applications has begun. Small business owners will compete for over $600,000 in prizes.The contest rewards two small businesses from…

On Jan.10 the Securities and Exchange Board of India (SEBI) barred PricewaterhouseCoopers (PwC), one of the “Big Four” accounting firms, from auditing India listed firms for two years for failing to spot $1.7 bln accounting fraud at IT services company Satyam Computer Services. The Satyam accounting fraud scandal followed by its downfall broke on Jan.…

Research shows many older Americans hope to continue working, either out of financial need or a feeling that they have productive years ahead. Mandatory retirement might seem like a relic but it remains common at accounting firms. Most top firms require partners to exit between the ages of 60 and 66. One firm in the…