Michael Cohn

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.

House Republicans have introduced a spending resolution that would slash IRS funding by around $2.8 billion, threatening taxpayer service and enforcement.

House Republicans released a spending proposal that threatens to withhold funding from the Financial Accounting Standards Board unless it withdraws its income tax reporting standard.

The Securities and Exchange Commission has tapped George Botic as acting chair of the Public Company Accounting Oversight Board after Erica Williams' departure.

Erica Williams is stepping down Tuesday as chair of the Public Company Accounting Oversight Board and spoke Monday with Accounting Today about her time at the PCAOB.

Nearly one-third (32%) of Americans have taken no financial steps to prepare for a natural disaster, according to a survey by the Harris Poll on behalf of the American Institute of CPAs.

The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.

The IRS's progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report.

The Top 75 Firm based in Parsippany, New Jersey, has received a minority investment from Cobepa, the latest firm with a PE investment.

Andersen, the fast-growing professional services firm, has expanded to Atlanta by merging in Berman & Associates.

The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto.

The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ from earlier tax legislation.

The Top 25 Firm is extending its outsourcing capabilities, particularly in the nonprofit and family office sectors.

Public Company Accounting Oversight Board chair Erica Williams is departing on July 22, after being pushed out by the new SEC chairman after her agency narrowly avoided an effort to eliminate it.

Many of the provisions of the OBBBA benefit businesses, but colleges and universities will take a hit, as will companies in renewable energy.

The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and budget cuts.