Michael Cohn

Ernst & Young saw one of the biggest revenue increases in its history despite the cancellation of its plan to spin off its consulting practice.

The Top 30 Firm has acquired a provider of outsourced accounting, business advisory, technology and business process consulting services, plus its executive recruiting arm.

The Public Company Accounting Oversight Board imposed a $30,000 civil penalty against K.R. Margetson and its sole partner for quality control violations and revoked his firm's registration for a year.

The Securities and Exchange Commission charged the former national assurance services leader at Marcum LLP with failing to address and remediate a number of deficiencies in the New York-based auditing firm's quality controls.

Despite over two decades of experience, complying with the Sarbanes-Oxley Act of 2002 doesn't seem to be getting any easier for audit and finance leaders.

Corporate controllers can play an important role in environmental, social and governance reporting as the U.S. and other countries prepare to impose new reporting requirements.

The Big Four firm plans to stop offering some types of services to SEC-registered audit clients, and to cut the compensation of top leaders if the firm's audits fall short on quality.

The service will need to tread carefully with how it uses artificial intelligence amid growing questions about the reliability of the technology.

The tax-focused financial planning and wealth management company that partners with accounting firms is going private and joining a larger financial firm.

The SEC's recently finalized rule on private fund advisors will impose new requirements.

The Internal Revenue Service is leveraging artificial intelligence to detect tax evasion as it uses the extra funding from the Inflation Reduction Act to ramp up compliance efforts.

The board wants to improve the guidance for the management's discussion and analysis section of reports by federal agencies.

The IRS needed to respond to nearly 800 employee reports of assaults and threats in recent years, according to a new report.

The board added a project to deal with issues related to subsequent events for state and local governments.

Revenue from consulting services grew at the fastest pace at 19.1%, followed by risk advisory, and audit and assurance.

The Top 20 Firm bought the risk management and loan review services divisions of Sheshunoff Consulting + Solutions.

Corporate tax departments are going through major transformation in response to the challenging legal and regulatory environment, according to a new survey from Deloitte.

The Financial Accounting Standards Board voted to adopt its eagerly awaited standard for cryptocurrency like bitcoin held by companies.

The ADP Research Institute released a report on how worker promotions can affect businesses and employee retention and debuted a new index for tracking employee motivation and commitment.

The service's LB&I Division has expertise in training agents on examining high-income taxpayers, but the IRS doesn't appear to be leveraging this expertise.