Michael Cohn

U.S. public companies lost an average of 1.06% of their annual revenue to known frauds last year, amounting to billions of dollars, according to a new report.

The International Ethics Standards Board for Accountants weighed in on private equity investment in accounting firms and ethical and independence concerns.

The American Institute of CPAs supports a bill to allow survivors of domestic abuse or spousal abandonment to file their taxes as if they weren't married.

The Financial Accounting Standards Board is offering optional guidance on the measurement of credit losses for accounts receivable and contract assets.

The pace of growth in small business jobs and wages across the country stayed on an even keel in July, according to payroll provider Paychex.

Payroll giant ADP reported signs of improving employment trends in some sectors in July, with average pay up 4.4% year-over-year.

The IRS has been mailing out letters to federal workers saying they are among 525,000 current and former employees who owe back taxes.

A deadly shooting occurred Monday evening in Midtown Manhattan at a building where KPMG offices are located.

The Top 50 Firm based in Troy, Michigan, has merged in AGL CPA Group, giving it a foothold in the greater Atlanta region.

Douglas O'Donnell, former acting commissioner of the Internal Revenue Service, has joined KPMG US in its Washington national tax practice.

Billy Long explained his plans for the Internal Revenue Service and the new tax bill during his first public talk as IRS commissioner.

Katz, Sapper & Miller, a Top 50 Firm based in Indianapolis, has formally entered the Chicago market by adding MichaelSilver, an advisory, tax and assurance firm in Deerfield, Illinois.

Securities and Exchange Commission chair Paul Atkins has begun searching for new members and a new chair of the Public Company Accounting Oversight Board only days after forcing the PCAOB chair to resign.

The Treasury Department is reportedly mulling plans for the IRS to eliminate its multilingual services, such as tax forms and assistance in languages other than English.

The Internal Revenue Service said "designated officials" need to revalidate their business tax account by the July 29 deadline in order to maintain access.

The examples show how companies can improve the reporting of uncertainties in their financial statements using climate-related examples as practical illustrations.

The Internal Revenue Service is continuing to shed employees, with over 25% of its workforce now gone since the beginning of the year, according to a new report.

April, a tax program that leverages artificial intelligence, closed a $38 million Series B fundraise.

The AICPA & CIMA have published a Business Resilience Toolkit to help leaders and finance professionals cope with economic uncertainty and challenging conditions.

Confidence among accountants ticked up slightly in the second quarter of the year, the first increase since last year, according to a survey by the ACCA and IMA.