Michael Cohn

The Financial Accounting Standards Board is extending the period of time to use its LIBOR-to-SOFR relief guidance.

BDO USA added its first diversity, equity and inclusion officer earlier this year as accounting firms and other organizations try to improve their recruitment of employees from wider backgrounds.

The new standard for audit confirmations would replace an interim standard that hasn't changed for two decades.

The Treasury Department announced a timeline for offering more information on some of the main tax provisions of the Inflation Reduction Act.

The board released its latest inspection reports on Deloitte & Touche, PricewaterhouseCoopers, KPMG and Ernst & Young, plus BDO USA and Grant Thornton.

Withum added Martinez & Associates; Fandl and Gagnon combined; and Whitley Penn and Elliott Davis called off their merger.

The Committee of Sponsoring Organizations of the Treadway Commission selected Lucia Wind, vice president of internal audit at the technology company Unisys, as its next board chair, succeeding Paul Sobel, for a three-year term starting Jan. 1, 2023.

The agency plans to return to pre-pandemic levels of service next filing season.

Much of the money is going toward improving employees' technology and leadership skills.

The proposed revisions to the standards for continuing professional education programs aim to address constant technology changes.

The Top 25 Firm has expanded its footprint to South Carolina by merging in the Lanning Group, a firm based in the Charleston suburbs.

Officials from the Financial Accounting Standards Board are defending their consultations with investors in the wake of a report from an SEC advisory committee.

The board is stepping up its enforcement activities with a mostly new slate of board members.

A new revenue procedure explains the processes that manufacturers and sellers need to follow to be eligible for tax credits.

Officials from the commission discussed some of the proposed rules for digital assets like cryptocurrency and climate-related disclosures under development.

The heads of tax authorities in five countries are busting companies using electronic sales suppression software to evade sales and value-added taxes.

Auditing firms have been relying increasingly on outside specialists for audit engagements since the Public Company Accounting Oversight Board unveiled a new standard governing their use.

Business executives are anticipating a number of risks in 2023.

The Top 50 Firm is expanding further in Chicago with its latest M&A deal.