Michael Cohn

The Institute of Internal Auditors is updating its Certified Internal Auditor exam with more content on subjects such as cybersecurity and information technology.

The Financial Accounting Standards Board released a proposed accounting standards update Thursday to help organizations reclassify some of the stranded income tax effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act that President Trump signed into law last month.

APEX CPAs & Consultants merges in Morrison & Associates; Smith Barta & Company joins Maloney + Novotny; A&M Taxand adds TRCG Advisors; Briggs & Veselka acquires William C. Love CPAs; and Ryan buys Retzloff.

Economic confidence in the U.S. rebounded strongly in the fourth quarter of last year, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

Internal controls, the new lease accounting standard and cybersecurity are just some of the issues keeping financial executives up at night, according to a new survey by KPMG.

Bloomberg Tax and Paychex have updated their technology to take into account the sweeping changes in the Tax Cuts and Jobs Act.

The Internal Revenue Service is warning taxpayers who owe more than $51,000 in tax debts they could have their passport applications or renewals denied unless they pay up.

RSM reported its international network of accounting firms broke through the $5 billion mark in annual revenue globally.

Cherry Bekaert LLP, a Top 100 Firm, has expanded its state and local tax practice by acquiring Windward Tax LLC in Alpharetta, Ga., effective Dec. 31, 2017.

RubinBrown LLP, a Top 100 Firm, has merged in Goltermann & Associates, expanding the firm’s wealth advisory service in St. Louis, effective Jan. 1, 2018.

Prager Metis CPAs LLC has merged in Geibelson, Young & Company, expanding the New York-based Top 100 Firm’s presence in California with a firm that caters to the entertainment industry, effective Jan. 1, 2018.

Marks Paneth LLP, a Top 100 Firm, has added Buck, Sturmer & Co., effective Jan. 1, 2018.

Increases in audit fees for public companies and nonprofits slowed down in 2016, according to a new report, although private companies saw an uptick in their fee increases during the 2016 audit season.

Honkamp Krueger & Co., P.C., has acquired a fellow Iowa-based firm, Gabelmann & Associates, effective Jan. 1, 2018.

The Internal Revenue Service plans to ask tax professionals additional questions before providing them with assistance as part of its efforts to improve security.

BKD CPAs & Advisors has acquired the financial institution practice of Houston-based Harper & Pearson Company, P.C, effective Jan. 9, 2018.

Even though Congress passed the biggest tax overhaul in more than 30 years only a few weeks ago, there’s likely to be more tax-related legislation coming out in the very near future.

The New Jersey Society of CPAs is warning taxpayers in the Garden State that the New Jersey Division of Taxation isn’t letting them deduct the 2018 property taxes they prepaid last year on their 2017 state return after passage of the Tax Cuts and Jobs Act, though the move could still be helpful in terms of federal taxes.

The Internal Revenue Service released updated tax withholding tables for 2018 Thursday to reflect changes for the Tax Cuts and Jobs Act, amid warnings that the tables may not be accurate and will need further refinements.

Ceterus has debuted Ceterus Tax, a managed tax service for small businesses.