Michael Cohn

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has introduced a COSO Enterprise Risk Management Certificate program for professionals who want to demonstrate their expertise in the COSO ERM Framework.

The Public Company Accounting Oversight Board censured Deloitte & Touche LLP and imposed a $500,000 penalty against the Big Four firm for overlooking material accounting errors during three consecutive audits of Jack Henry & Associates, Inc., a Missouri-based IT provider for banks and credit unions.

Almost one out of two large global companies experienced some form of fraud, theft, money laundering or other financial crime in the past year, according to a new report.

The International Foundation of Accountants has released the fourth edition of its Guide to Practice Management for Small- and Medium-Sized Practices (the Guide) to help small and midsized accounting practices meet the challenges of the globalized digital world.

The Financial Accounting Foundation has published its annual report on the Financial Accounting Standards Board and the Governmental Accounting Standards Board it oversees.

The American Institute of CPAs has sent three recommendations to the Internal Revenue Service about modifying the IRS’s proposed regulations for inventory valuation.

The Internal Revenue Service has a new five-year strategic plan for improving taxpayer service and tax administration.

The Top 100 Firm is expanding further in Connecticut with its latest deal.

The House Ways and Means Tax Policy Subcommittee held a hearing Wednesday on how the new tax law is affecting small businesses, hearing testimony from a CPA firm owner and others.

The Internal Revenue Service and the Treasury Department intend to issue proposed regulations to address the deductibility of state and local tax payments.

The American Institute of CPAs has issued a new standard to provide guidance for CPAs performing compilations and reviews to address international reporting issues.

Even as their job gets easier, the largest auditors impose greater charges the longer they’re auditing a company, according to a new academic study.

Thomson Reuters released a report Tuesday examining how states are imposing corporate income taxes on out-of-state e-commerce sites.

The Governmental Accounting Standards Board has released implementation guidance with questions and answers to explain and elaborate on some of its recent standards.

Workers are forced to draw on their 401(k) retirement savings for more immediate needs, according to a new survey by PwC.

Martin Baumann's leaving follows last week's resignation of inspections director Helen Munter.

Helen Munter, director of registration and inspections at the Public Company Accounting Oversight Board, plans to leave the PCAOB at the end of May.

The private equity firm has bought a provider of financial software and information on private companies that caters to accounting firms and banks.

Receipt Bank has been adding features to its cloud-based accounting software as it works to become a leader in bookkeeper productivity.

CPAmerica International is celebrating its 40th anniversary as the association continues to expand in the U.S. and reaches out abroad.