Michael Cohn

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.

Marcum LLP, a Top 20 Firm based in New York, added Piccerelli, Gilstein & Company LLP, a CPA firm based in Providence, Rhode Island, in its latest expansion move.

The Securities and Exchange Commission is getting set to impose new rules on climate-related disclosures and how funds can be named to promote investment strategies like ESG and sustainable.

The Criminal Investigation division worked with tax authorities abroad on an operation that led to the shutdown of Euro Pacific International Bank by officials in Puerto Rico.

The Public Company Accounting Oversight Board released an overview Thursday of its inspection priorities and areas of focus as the newly revamped board signals a tougher enforcement stance.

The Top 25 Firm became the latest accounting firm to receive PE funding with a strategic investment for an undisclosed sum from Parthenon Capital.

The board proposed requirements for governments to disclose information about risks that could affect the level of services they’re able to offer or their ability to meet obligations.

BPM combined with Avaunt; Carr, Riggs & Ingram merged in Pharr Bounds; Sikich acquired PKL; and Mauldin & Jenkins bought HSP.

CliftonLarsonAllen, a Top 10 Firm, is forming CLA Global Limited in collaboration with Evelyn Partners, a U.K.-based wealth management group.

The ASU aims to increase the comparability of financial information across reporting entities that have investments in certain equity securities.

The Financial Accounting Standards Board issued a report summarizing the feedback it received last year on the projects it should pursue in the future.

The Internal Revenue Service is planning to mandate a new electronic fingerprinting process for e-file applications for tax pros starting Sept. 25.

A senior member of the House Ways and Means Committee has introduced legislation to double the size of the research and development tax credit and enable more small-business startups to claim it.

Moss Adams, Dean Dorton, CapinCrouse and Avantax are expanding, and Crowe divests a line of tax tools.

CliftonLarsonAllen’s CLA Foundation has committed $1 million in grants to the National Association of Black Accountants to seed NABA’s new Pathway to College program, support human capital needs, and create scholarships.

The penalty for cheating on CPA ethics exams and misleading investigators was the largest ever levied by the commission against an accounting firm.