Michael Cohn

Economic confidence among accountants and finance professionals in North America has declined to levels seen during the height of the COVID-19 pandemic in 2020.

While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.

RubinBrown merged in Himes Consulting Group; WA Asset Management acquired BT Wealth Management; and BigTime Software acquired Projector PSA.

Funding for nonprofit organizations has remained flat or declined this past year, according to a new survey, as they face pressure from inflation and continuing fallout from the pandemic.

Dozens of companies in the U.S. are joining a pilot program to test a common electronic invoicing network.

Even though more companies are implementing enterprise risk management processes, many of them are falling short, according to a new study from the American Institute of CPAs and North Carolina State University.

BDO USA, a Top 10 Firm based in Chicago, reported revenue Tuesday of $2.4 billion for the fiscal year ending April 30, 2022, a 25% increase from fiscal year 2021.

The Tax Cuts and Jobs Act of 2017 had virtually no effect on reducing compensation of top executives at companies despite promises to the contrary, according to a new study.

The service’s recent policies expedited the hiring of new employees, but prolonged delays in eligibility verification could increase the risk of exposure of taxpayer data, according to a new report.

The Treasury developed the framework with other federal agencies in response to an executive order from President Biden, even as lawmakers have proposed their own industry-friendly legislation.

The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion until the fifth anniversary of their spouse’s death.

The two were subject to a rarely used program of intense scrutiny that is supposed to be randomly selected.

The board released a concepts statement to guide GASB when mandating note disclosure requirements for state and local governments.

Scholarships ranging from $500 to $4,000 went to 43 accounting students across the state.

The American Institute of CPAs is asking for feedback on an exposure draft of the redesigned Uniform CPA Exam as the AICPA tries to expand the dwindling pool of young people entering the accounting profession.

Citrin Cooperman, a Top 25 Firm based in New York, completed the acquisition of Kingston Smith Barlevi, a Los Angeles-based firm that specialized in the media and entertainment industries.

Audit partners in the U.S. see the top economic risks to businesses as inflation, labor shortages, and supply shortages and supply chain disruptions, according to a new survey by the CAQ.

The Securities and Exchange Commission and other federal agencies have been keeping watch as the capital markets go through a period of volatility amid rising inflation and interest rates, looking for telltale signs of financial fraud.

In recognition of the first Black CPA in 1921, the group named the recipients of the nearly $100,000 it committed to giving to 100 Black accounting students to help them become CPAs.

Small businesses kept adding jobs and increasing wages amid the tight labor market last month, but the pace declined from May, according to payroll company Paychex.