Michael Cohn

Companies are leaning more on risk management technology, with 72% planning on increasing their spending on technology to support the detection and management of risks.

The Internal Revenue Service gave out far less money last year to tax whistleblowers than in recent years and collected much less as well, according to a new report.

Deloitte is denying a report this week that it plans to spin off its audit practice as a separate entity from its consulting practice as rival Big Four firm Ernst & Young contemplates such a move.

The International Federation of Accountants signed a memorandum of understanding to support efforts to improve financial transparency, accountability and anti-corruption efforts in the public health sector around the world.

The Treasury Inspector General for Tax Administration is raising the alarm about identity thieves and fraudsters with a pair of public service announcements on YouTube.

Two decades after passage of the Sarbanes-Oxley Act, public companies are spending more time and money trying to comply with SOX requirements, despite the increasing use of technology to automate the process.

BPM LLP, a Top 50 Firm based in San Francisco, is extending its footprint in the North Bay area by adding Elliott CPA Group, headquartered in Santa Rosa, effective July 1.

The commission charged the Top 20 Firm and three of its partners Wednesday, and the firm agreed to pay a $1.9 million penalty to investors.

Aprio, a Top 50 Firm based in Atlanta, has watched its revenues increase from mergers and organic growth since rebranding over five years ago and plans further M&A activity ahead.

The stars of a long-running cable TV series were also found guilty of conspiring to defraud community banks out of more than $30 million in fraudulent loans.

The average number of leases held by companies has returned to or exceeded pre-pandemic levels, according to a new report, even as they adjust to new rules that put leases on the balance sheet.

The Internal Revenue Service is providing guidance on how employers and employees can help Ukraine while also qualifying for tax relief on the donation program.

The Securities and Exchange Commission is requiring some financial forms that currently are allowed to be filed or submitted in paper format to be filed or submitted electronically.

The service’s Employee Plans function is pilot-testing a new pre-examination program starting this month as a way to shorten the time needed for exams.

The board plans to hold a meeting next Wednesday with its reconstituted Investor Advisory Group, the first meeting in nearly four years with one of its biggest stakeholders.

The economy added 390,000 jobs in May, the U.S. Bureau of Labor Statistics reported Friday, including 16,000 jobs in accounting and bookkeeping services.

The board's future projects include digital assets, intangibles, government grants, and accounting for financial instruments with ESG-linked features.

The Sustainability Accounting Standards Board released a set of recommended changes to three of its remaining active projects as its parent organization prepares to be merged into the International Sustainability Standards Board at the end of this month.

The private sector added a modest total of 128,000 jobs in May, according to payroll giant ADP, but that was after losing 91,000 jobs at small businesses.

The plunging value of many cryptocurrencies and nonfungible tokens has led to worries about the tax implications faced by crypto investors and companies.