Michael Cohn

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.

Under the agreement, inspectors will be able to see complete work papers without any redactions and select any issuer audits.

The Big Four firm is making progress on its diversity goals, welcoming the most diverse incoming class of partners, principals and managing directors in its 177-year history.

The deal will boost Baker Tilly's public sector practice, adding a group of former local government leaders and managers with decades of experience.

KPMG LLP plans to move its headquarters to Midtown Manhattan's West Side by the end of 2025, reducing its office space by over 40%.

The service is providing relief to most individual and business taxpayers who filed their 2019 or 2020 returns late due to the pandemic.