Michael Cohn

The group is urging CFOs and other finance leaders to improve the quality of sustainability information and processes by championing an “integrated mindset.”

An estimated 800 sales tax bills are under consideration by state legislators each month, according to a new report, as lawmakers grapple with the complexity of sales and use tax four years after the Supreme Court handed down the South Dakota v. Wayfair decision.

The International Sustainability Standards Board is reaching quorum strength with the latest appointments.

The Top 20 Firm is expanding to Nebraska with its latest M&A deal.

Accounting firms are trying to entice more young people to join the accounting profession as the number of open positions grows during the Great Resignation and a wave of retirements.

KPMG’s U.S. and Canadian firms debuted a hub where employees, clients and communities will be able connect during virtual meetings.

NTA Erin Collins expressed concern Wednesday about continuing delays by the service in processing tax returns filed on paper last year.

The board adopted a set of amendments to strengthen the rules that apply to audits involving multiple audit firms.

The service said that as of June 10, it had processed more than 4.5 million of the more than 4.7 million individual paper returns received in 2021.

CliftonLarsonAllen, a Top 10 Firm, has expanded in Nashville by adding Price CPAs.

The Kentucky firm is expanding its presence in Indiana.

The Internal Revenue Service, facing criticism over long hold times and disconnects when taxpayers try to reach its offices, is adding more options for callers to reach automated voice bots that can respond to their requests sooner.

EisnerAmper, a Top 20 Firm based in New York, is adding Raich Ende Malter & Co. a Top 80 Firm, also based in the city, with the deal expected to close this summer.

The Sustainability Accounting Standards Board held its final public meeting Wednesday ahead of the consolidation of its parent organization, the Value Reporting Foundation, into the International Sustainability Standards Board by the end of June.

The board has decided to set aside a long-running project that would have required companies to amortize goodwill on a straight-line basis over 10 to 25 years.

A congressional appropriations committee wants to give the Internal Revenue Service $1 billion more in funding to improve taxpayer service and technology and make the overall tax system fairer.

The Governmental Accounting Standards Board released new guidance to provide a unified accounting treatment for compensated absences of state and local government employees and simplify the disclosure work.

Ernst & Young plans to invest $1 billion in next-generation assurance technology for its audit teams around the world to leverage as part of an overall $2.5 billion four-year commitment.

Rep. Don Beyer, D-Virginia, introduced a bill to impose a 1,000% excise tax on manufacturers, importers or producers of assault weapons and high-capacity magazines in the wake of a string of mass shootings across the country.

Business executives who assume their companies are highly trusted by consumers are overestimating their level of trust, according to a new PwC survey.