The United States has asked a federal court to bar a CPA in Tucker, Ga., a suburb of Atlanta, from preparing federal tax returns for others. The Department of Justice is seeking an injunction to halt tax preparation by Matthew Adegbite and his companies MAS & Associates CPA, LLC and Mathew A. Adegbite CPA, PC, Adegbite was an accountant when he came to this country from Nigeria in 1993 and became a CPA in Georgia in 1999.

A Florida accountant has been sentenced to 80 months in federal prison for conspiracy to commit wire fraud and for corruptly endeavoring to obstruct the Internal Revenue Service. Joseph Rizzuti of Stuart, Fla., received the sentence for stealing payments that two clients had intended to be used for taxes and for his role in siphoning off investors' money for personal use for his role in scheme in which he and others stole about $3 million.

The American Institute of CPAs has launched the Forensics Accounting Educational Certificate  with a course of study designed for members that want to expand their knowledge of forensic accounting. The courses lay the foundation for certificate holdings to obtain the AICPA's Certified in Financial Forensics credential.

Xero, which makes Internet-based accounting applications, says it is making significant progress at top accounting firms in the United States. In a slide in presentation about its results for the year ended March 31, the company said it that "Over 10 of top 100 accounting firms in process of moving clients to Xero." However, the company has not provided details.