Michael Cohn

The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP and levied a record penalty.

The Internal Revenue Service is starting with the customer support area of its Exempt Organizations unit.

The Institute of Management Accountants has launched a new promotional campaign to highlight the role of Certified Management Accountants in real-world situations.

Mastermind Analytics identifies spending risks, provides benchmarks on demand, and gives finance teams more visibility into behavior patterns.

Richard Jones is making post-implementation reviews of standards one of his top priorities, and taking a closer look at FASB’s crowded agenda.

Final rules have been released for claiming the rehabilitation credit under the Tax Cuts and Jobs Act.

No matter whether Trump or Biden wins in November, a new survey from PwC indicates taxes may be rising.

Large firms have been reporting revenue increases amid the pandemic.

The AICPA believes taxpayers will be able to avoid penalties if they write “COVID-19” at the top of their return.

The site informs cannabis business owners about their tax responsibilities.

The biggest increase came in the advisory practice, where revenue rose 29.4 percent, followed by tax at 8.8 percent and assurance by 6.0 percent.

Taxpayers can use the rates to substantiate the expenses they can deduct for lodging, meals and incidental expenses.

The COVID-19 pandemic is encouraging various forms of fraud, according to the Association of Certified Fraud Examiners.

The Carbon Disclosure Project, the Climate Disclosure Standards Board, the Global Reporting Initiative, the International Integrated Reporting Council and the Sustainability Accounting Standards Board will work on a common set of disclosures.

The Internal Revenue Service added six more forms to the 10 that support e-signatures.

EY earned a record $37.2 billion in the fiscal year ending June 30.

The Internal Revenue Service plans to mail out letters later this month to an estimated 9 million non-filers, encouraging them to claim their economic impact payments by an Oct. 15 deadline.

The Internal Revenue Service needs to improve how it handles third-party requests for access to taxpayer information and electronic signatures from representatives such as CPAs, enrolled agents and attorneys that could leave taxpayers at risk of identity theft, according to a new report.

Accounting firms are still managing to see increases in their fees and income per partner this year, despite the economic downturn from the COVID-19 pandemic, according to the latest edition of the annual Rosenberg Survey.

The Public Company Accounting Oversight Board updated its research and standard-setting agendas.