Michael Cohn

Finance pros are looking for an exit strategy, but many don't feel prepared to do an IPO.

The Top 20 Firm has been hearing concerns from clients asking how they can reduce costs without laying off desperately needed employees.

The agency issued billions of dollars in tax refunds to companies claiming net operating losses for prior years after passage of the CARES Act, but did little to examine the claims.

PricewaterhouseCoopers pointed to progress in its audit practice on a number of fronts, including on inspections, training and diversity.

The Internal Revenue Service has been slow in processing employer tax credits and tax refunds that businesses were supposed to receive.

The plan includes more than 30 specific actions for the accounting profession related to education, evidence-based policy, global standards, partnership and thought leadership.

The information came from the Form 990-T, the business tax returns filed by tax-exempt organizations.

The economy gained 315,000 jobs last month, the U.S. Bureau of Labor Statistics reported Friday, although the unemployment rate inched up two-tenths of a point to 3.7%.

The Institute of Management Accountants has engaged the search firm Korn Ferry to help identify its next leader.

The agency is making progress on its backlog of unprocessed tax returns, as it's asked by the Institute to extend its recent penalty relief through the end of the year.

The Loveland, Colorado-based firm formerly known as KCoe Isom is planning to add a Regional Leader in Montana in January.

The board's target team of inspectors focused on special purpose acquisition companies, fraud, going concern issues, cash and cash equivalents during its inspections of auditing firms last year, according to a new report.

To bring in new tax talent, nearly half of C-suite leaders polled are changing the educational requirements for recruits this year.

Hiring in professional and business services and financial activities appears to be slowing.

Collection employees are mostly respecting the restrictions, but don't always understand their complexities.

Hourly earnings grew at small businesses this month, but the pace of job growth slackened.

The Public Company Accounting Oversight Board levied $275,000 in penalties against KPMG's member firm in South Africa and two partners for improperly using and misreporting work done in Zimbabwe.

Nearly half of CFOs anticipate a recession by next year, but they're more concerned about inflation than a recession, according to a new survey by Deloitte.

The Institute of CPAs is updating its Statements on Standards for Tax Services and wants the IRS to hold off on renaming "virtual currency" as "digital asset" on tax forms.

Jeff Thomson, the longtime leader of the Institute of Management Accountants, plans to retire in early 2023.