Michael Cohn

The board levied penalties against three firms in China, including member firms of PricewaterhouseCoopers that it found were improperly sharing answers to exams.

The Top 100 Firm is teaming up with a financial planning and RIA firm in a new joint venture.

Corporate audit committees have been providing investors with more information about their activities and responsibilities over the past 10 years, but there's still room for improvement.

Eide Bailly is merging in High Plains Technology; and McMillan Consulting acquired Paul Rafanello's CPA practice.

The Treasury's Financial Crimes Enforcement Network is pushing back the deadline for new companies, but not old ones.

The company has added outsourced tax and advisory services for CPA firms as part of the renaming.

Erica Williams described the work the PCAOB has been doing to overhaul out-of-date auditing standards and increase its inspections and penalties.

Accounting organizations and firms are making plans to attend or contribute research in conjunction with the United Nations COP28 climate change conference in Dubai this week.

The lower 1099-K threshold will produce millions more forms to be sent to taxpayers, and may prompt many to abandon online marketplaces and gig economy jobs.

The National Association of State Boards of Accountancy has commenced its search for a new president and CEO to succeed longtime leader Ken Bishop.

A short window won't necessarily stop lawmakers from proposing or introducing new legislation, though — if only to position themselves ahead of next November's election.

A new final accounting standards update from FASB aims to improve public companies' disclosures about their reportable segments and expenses.

Accountability Services merged with Boulder Valley CPAs; and Abip CPAs added Matthews & Johnson CPAs and Brehm, Havel & Co.

The service will postpone the lower threshold, but will phase in a threshold of $5,000 for tax year 2024.

The Top 50 Firm is improving its compensation and benefits to bring in more experienced professionals and young recruits.

The Treasury and the IRS issued laid out possible regs to update the investment tax credit rules to encompass various forms of renewable energy.

The Top 50 Firm is expanding in New York, the Washington, D.C., area and New Jersey.

The ultra-wealthy are using DAFs and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers.

Thanks to the lower threshold, the service expects to receive about 44 million 1099-Ks in 2024, up from about 14 million.

The board voted to approve a new budget for fiscal 2024, and revealed it surpassed last year's record amount of fines.