Michael Cohn

The Center for Audit Quality released an alert Monday discussing the audit considerations surrounding a private company entering the public markets through a merger with a special purpose acquisition company.

CliftonLarsonAllen LLP has managed to secure $11 million in opportunity zone funding for a client building a multifamily development in South St. Paul, Minnesota.

The board released a standards update to improve the accounting for modifications or exchanges of freestanding equity-classified written call options, such as warrants.

The American Families Plan includes provisions that would expand Internal Revenue Service oversight of tax preparers.

Clark Schaefer Hackett, a Top 100 Firm based in Cincinnati, has bought a human resources outsourcing firm also based there.

Richard Chambers has joined the audit technology provider as its senior internal audit advisor.

Questions remain about how advanced standards, frameworks and systems are.

The benefits go beyond what many think, particularly once you get past the many misconceptions that plague the field.

A look inside the growing demand for assurance services for ESG reporting.

The Small Business Administration plans to begin accepting applications Monday for a new program to help hard-hit restaurants reopen during the pandemic, and some firms are preparing clients to apply.

The updated early draft versions will be used by pass-through businesses to report foreign tax information.

President Biden’s American Families Plan would provide tax credits for families and low-income workers, but eliminate a popular tax break for inheritances and raise taxes on capital gains.

The International Ethics Standards Board for Accountants has revised its ethics standards to safeguard auditor independence for non-assurance services and associated fees.

CBIZ is expanding to the Pacific Northwest, with its subsidiary CBIZ Accounting, Tax & Advisory of Washington buying the non-attest assets of Berntson Porter & Co., a firm in Bellevue, Washington.

Small businesses are gaining more revenue this year despite the lingering challenges from COVID-19 and reversing last year’s losses, according to a report from Intuit’s QuickBooks unit.

Grassi, a Top 100 Firm based in New York, has expanded its footprint in New Jersey by acquiring Gramkow, Carnevale, Seifert & Co., effective March 29.

The Top 20 Firm is adding Strategic Sourcing Results, a consulting firm based in Chicago.

Democrats introduced a bill Tuesday to provide tax credits for child care, along with universal paid family and medical leave and permanent extensions of child and family tax credits.

The Internal Revenue Service is increasing the inflation-adjusted amounts of the Child Tax Credit and Earned Income Tax Credit for this year in accordance with the latest coronavirus relief package.

While activity at both regulators declined early in the COVID-19 pandemic, it only recovered at the commission.