Michael Cohn

BDO USA LLP reported a record level of revenue in the fiscal year ending June 30, 2019, as the firm re-elected Wayne Berson to his third term as CEO.

The Institute of Management Accountants is also encouraging accountants to develop a wider range of skills.

Only 26.3 percent of public company execs say their implementation of the lease accounting standard is complete, according to a new survey by Deloitte.

Up to 200 taxpayers who have been under audit for participating in micro-captive insurance tax schemes are receiving letters from the Internal Revenue Service.

Small banks are likely to benefit from the proposed delay, allowing them to learn the lessons from larger banks that have already begun using the new rules.

The tax break allows businesses to write off most depreciable business assets during the year they are placed in service.

The board is amending its guidance for determining whether debt should be classified as a current or noncurrent liability in a classified balance sheet, in response to input from private companies.

Macias Gini & O'Connell, based in Los Angeles, is expanding its presence in New York, particularly in the financial services, cannabis and entertainment industries.

Public companies and their audit committees are revealing far more about their auditing firms, audit fees and audit partners this year, according to a new report from Ernst & Young.

The deadline is approaching soon for many businesses to file their reports on unclaimed property, and now they might want to include lost bitcoins and forgotten cryptocurrency passwords.

Marcum and Marcum Bernstein & Pinchuk plugged some of their clients at investor conferences in violation of auditor independence requirements.

The Internal Revenue Service needs to have a better strategy for determining the tax compliance or noncompliance of corporations that do mergers and acquisitions, according to a new report.

The firm reported its 10th consecutive year of worldwide growth, with revenue increasing $3 billion over the previous fiscal year.

The document can help auditors with the allowance for credit losses under the new standard for measuring credit losses on financial statements.

Two firm networks are shortening their names, adopting the brands Moore North America and Andersen.

The company is bringing together its tax-focused wealth management divisions.

Some expatriates who have relinquished their U.S. citizenship will have the chance to comply with their U.S. tax and filing obligations and in turn qualify for relief from back taxes, penalties and interest.

Tax-exempt organizations, including many political groups, will be able to avoid disclosing the names of their contributors, despite a recent court decision.

RSM merges in Gregory, Sharer & Stuart in Florida

The majority of payroll professionals don’t think C-suite leadership recognizes the strategic value the payroll function can deliver to an organization, according to a new survey.