Michael Cohn

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.

The board is finding deficiencies in about one-third of the audits it inspected in 2021.

Companies are getting ready to report more information about their efforts to control greenhouse gas emissions as the SEC gets set to unveil new rules.

The average number of critical audit matters per audit report has declined over time, while the proportion of audit reports that communicate only a single CAM has increased.

The National Association of Enrolled Agents is urging the Internal Revenue Service to use its increased funding to fix the Practitioner Priority Service.

The board levied sanctions and fines totaling $7.7 million against three of KPMG's member firms in the U.K., India and Colombia.

The service is reacting to recent court decisions challenging its ability to classify the investments as abusive schemes.

Organizations are being buffeted as they try to raise funds from hard-pressed donors and are turning to their accountants for advice.

The Internal Revenue Service and the Treasury issued a notice on labor requirements for enhanced tax benefits under the Inflation Reduction Act.

The Institute of Internal Auditors sent a letter to lawmakers urging them to set new requirements for crypto exchanges in the U.S.

Marcum LLP, a Top 20 Firm based in New York, has added E. Cohen and Co., CPAs, a Regional Leader firm in Rockville, Maryland.

A fintech company that handles bookkeeping and accounting operations for small and midsized businesses has acquired a cloud-based bookkeeping service from KPMG.

Audit committees are including more disclosures within proxy statements, but there's a disconnect between what investors expect and what companies are willing to disclose.

With inflation at nearly a 40-year high, the Internal Revenue Service said interest rates will increase for the calendar quarter starting Jan. 1, 2023.

Small businesses saw little change in their month-over-month hiring rates and hourly earnings growth, but the number of hours worked by employees rose, according to payroll giant Paychex.

Weiss & Co. adds Weitzman; and BST & Co. merges in O'Connor & O'Connor.