Michael Cohn

The Public Company Accounting Oversight Board is planning to issue a concept release on revisions in quality control standards while making extensive changes in its inspections and audit reports.

The firm saw year-over-year growth of 10.1 percent, up from 8.3 percent growth in 2018.

The Center for Audit Quality believes auditors should go beyond financial statements and vet other forms of corporate reporting that typically aren’t audited.

Accounting groups are reacting to the latest reports about the accelerated pace of climate change as global warming reaches record levels.

Hourly earnings grew 3.11 percent among employees of small businesses in November, the highest level since at least 2011.

RSM US LLP, a Top 5 Firm based in Chicago, is adding Tate & Tryon, P.C., a Washington, D.C.-based accounting firm that focuses on providing nonprofit organizations with audit, tax, accounting outsourcing and advisory services, and its wholly owned subsidiary, T3 Information Systems, LLC, effective Jan. 1, 2020.

Private sector employment growth slowed down in November, according to payroll giant ADP.

The tax software maker has named Davis Bell as its new CEO, succeeding founder Kurt Avarell, and raised new funding from its existing investors after a series of reverses this past year.

Auditing costs are going up for companies, in part due to new accounting standards for revenue recognition and leases, according to a new survey.

Friedman adds Markowitz, Fenelon & Bank; UHY Advisors unites with Becker & Rosen; Blue & Co. merges in Clarus Partners; Barone, Howard & Co. joins Dermody, Burke & Brown.

Chairman William Duhnke said the board is also doing more outreach to audit committees.

The Internal Revenue Service is seeking information from more taxpayers who hold virtual currency like Bitcoin, but in a ruling last week, a judge ordered the IRS to limit its summons for information from one cryptocurrency exchange, Bitstamp

The Internal Revenue Service and the Treasury Department released their final regulations on two major international tax provisions, the Foreign Tax Credit and the Base Erosion and Anti-abuse Tax (BEAT), which was included as part of the Tax Cuts and Jobs Act.

The mega-deal unites two Top 100 Firms and expands Marcum's presence in the Midwest and Florida.

Deloitte is making use of robotic process automation to help its auditors and clients with their financial statements.

The Internal Revenue Service updated its guidance for business travelers and their employers on the per diem rates for substantiating expenses, in light of the changes in the Tax Cuts and Jobs Act.

The National Association of State Boards of Accountancy announced the members of its board of directors for 2019-20 and honored some of its members during its annual meeting in Boston last month.

The board issued an ASU Tuesday to tweak its credit losses standard to deal with some of the issues raised by stakeholders.

The executive director of the Association for Accounting Marketing is retiring at the end of the year for unspecified health reasons.

MKA is expanding in Florida by adding a firm based in Orlando.