Michael Cohn

The Institute of Management Accountants reported record growth in 2020 despite the impact of the COVID-19 pandemic on the accounting profession.

The latest round of coronavirus stimulus legislation includes some major tax provisions and changes for accountants to watch out for in the New Year.

Greg Engel is anticipating another year of tumultuous changes as clients deal with the coronavirus pandemic and new policies from the incoming Biden administration.

The change would make it easier for private companies and nonprofit organizations to evaluate a goodwill triggering event.

Anoop Natwar Mehta, who chaired the Maryland Association of CPAs from 2012-2013, has been nominated to chair the American Institute of CPAs for 2022-2023.

The International Auditing and Assurance Standards Board has issued a set of three revised standards aimed at improving quality management for auditors across the globe.

Five organizations released prototypes Friday of climate-related financial disclosure standards to illustrate how they could work within their various approaches.

Fraud is continuing to increase this year, in part due to the COVID-19 pandemic, according to a new survey by the Association of Certified Fraud Examiners.

The Internal Revenue Service cautioned electronic return originators about a new identity theft scheme aimed at holders of Electronic Filing Identification Numbers from fraudsters posing as IRS contractors.

The Internal Revenue Service is beefing up its controls to safeguard against improper self-employed retirement deductions, according to a new report.

The Global Reporting Initiative is responding to a proposal from the IFRS Foundation to oversee sustainability standards alongside international accounting standards.

The Internal Revenue Service is extending until June 30, 2021 the period in which it will accept digitally signed and emailed documents due to the COVID-19 pandemic.

The International Federation of Accountants reiterated its call this week for an international sustainability standards board under the purview of the International Financial Reporting Standards Foundation.

The International Accounting Standards Board is looking into the standards for consolidated financial statements, or group accounting.

The practice is helping clients deal with streamlining operations, reducing unnecessary expenditures and improving their profitability and cash flow.

The provider of payroll, benefits and HR technology for small businesses is making a push to sign up more accounting firms as partners.

The American Institute of CPAs has joined with over 560 business and trade organizations in urging Congress to pass legislation.

Accountants can build the kinds of skills needed to stay relevant in a rapidly automating world, according to IMA president and CEO Jeff Thomson.

The slowest month of job growth since the spring occurred amid the ravages of the COVID-19 pandemic.

There are signs of a slowdown in the economy as businesses continue to struggle with rising COVID-19 infections across the country.