Michael Cohn

The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit.

U.S. oil and gas companies, along with their investors, may not be doing enough to reflect the impacts of the climate crisis in their financial reports.

The service has posted new procedures to explain how a change in tax law last year potentially affects the depreciation of residential rental property.

Anti-fraud professionals are anticipating a rise in fraud this year after seeing it go up since the beginning of the COVID-19 pandemic last year.

The Biden administration’s proposal to impose a global minimum tax on corporations has been provoking opposition in Congress, with Republicans advocating user fees instead to pay for infrastructure improvements.

The Securities and Exchange Commission is reportedly probing William Duhnke, the recently fired chair of the Public Company Accounting Oversight Board.

Accounting firms are reopening their doors as the COVID-19 pandemic recedes thanks to wide availability of vaccines in the U.S., but they’re trying to avoid alienating staff.

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.

The board released a proposed ASU with the goal of improving the guidance for lessees that are not public businesses.

Companies can streamline their environmental, social and governance reporting using technology, according to a recent report.

The Top 100 Firm, based in Atlanta, is expanding in Alabama.

Sen. Chuck Grassley, R-Iowa, and Ron Wyden, D-Oregon, introduced a bipartisan bill to protect tax whistleblowers.

The increasing number of hours devoted to Sarbanes-Oxley compliance, along with the COVID-19 pandemic, have accelerated the need to use technology and automation to cope, according to a new survey.

The American Institute of CPAs and the Center for Audit Quality both submitted comments to the Securities and Exchange Commission expressing support for climate change disclosures by companies.

PricewaterhouseCoopers is restructuring its U.S. firm into two business segments, and redefining its global strategy around the concept of trust.

The Institute of Management Accountants is objecting to the possible elimination of management accounting from the future courses required for students pursuing a career in accounting.

The International Auditing and Assurance Standards Board issued two new implementation guides Monday for its recent quality management standards.

The Internal Revenue Service and the Treasury Department introduced an online tool that enables families to register for monthly payments of the expanded Child Tax Credit.

Congress introduced bipartisan legislation to recognize accounting as part of the science, technology, engineering and mathematics curricula.

The board released updated implementation guidance for its leases standard, along with other accounting standards for state and local governments.