Michael Cohn

Companies that refer to trade secrets in their Form 10-K annual reports are at greater risk of cyberattacks from criminals who are intent on uncovering them, according to a team of accounting researchers.

More than 75 percent of CPAs in New Jersey say the Garden State’s recently enacted budget would have a negative impact on the economy, according to a new survey by the New Jersey Society of CPAs.

The California Society of CPAs marked a milestone Monday, with chairman Lewis Sharpstone saying the organization now has 45,000 members, making it the biggest state CPA society in the country.

Axiom, a provider of legal contract technology, has introduced the Contracts Intelligence Platform for Lease Accounting to help organizations uncover embedded leases that are subject to the new lease accounting standard.

The Sustainability Accounting Standards Board held its first board meeting under its new leadership this week to discuss progress on its provisional standards, with an eye to releasing them in the fall.

KPMG is partnering with analytics provider SAS on helping banks make the transition to the current expected credit loss, or CECL, accounting standard that begins to take effect in January 2020.

The upcoming rules may affect one tactic that some wealthy taxpayers have been using to get around the cap on deducting local property taxes.

The Internal Revenue Service is preparing to send millions of dollars to vets who received disability severance payments starting in 1991.

The bill would allow taxpayers to treat the amounts paid for membership at a fitness facility as medical expenses.

CPAs and EAs are raising objections to the draft version of the Employee’s Withholding Allowance Certificate.

The recent tax overhaul is buoying optimism in the U.S., but not abroad.

The Auditing Standards Board is thinking about relaxing some of the requirements for attest engagements.

The National Association of Enrolled Agents has written a letter to the Internal Revenue Service strongly criticizing the draft version of the new Form W-4, the Employee’s Withholding Allowance Certificate, saying it raises privacy concerns and creates a “substantial risk of underwithholding.”

Two of the oldest minority-controlled accounting firms are joining together.

The site includes special reports, insights and a client letter related to the Supreme Court’s landmark ruling.

The Internal Revenue Service is encouraging practitioners to secure their client data.

Two Utah firms are joining forces, effective July 1.

The Internal Revenue Service did a lot to implement the Foreign Account Tax Compliance Act, yet its efforts have fallen short, says TIGTA.

Mauldin & Jenkins adds KRT CPAs division; Gordon Advisors merges in Tobias, Vandeputte & Skulsky.

The Missouri-based Top 100 Firm is expanding in New York with its latest addition.