Michael Cohn

The number of audit deficiencies tied to fair value measurements is still high, but declined for the second year in a row, according to a new analysis of Public Company Accounting Oversight Board inspection reports on auditing firms.

The American Institute of CPAs has sent its tax reform wish list to the half dozen Republicans who are leading a rewrite of the tax code.

The confidence of U.S. investors in the U.S. capital markets reached a record high this year, according to an annual survey by the Center for Audit Quality, with high confidence expressed in auditors and audited financial statements.

The American Institute of CPAs has named BKD CPAs & Advisors chief operating officer Eric Hansen as the next chairman.

Squar Milner LLP is merging in Loomis & Co. CPAs, expanding the Newport Beach, Calif.-based Top 100 Firm’s footprint to Silicon Valley, effective Nov. 1, 2017.

RKL, a Top 100 Firm, is adding Padden, Guerrini & Associates, a firm in Mechanicsburg, Pa., effective Jan. 1, 2018.

Firms are combining in New Jersey and Connecticut.

The Securities and Exchange Commission gave its approval Monday to the Public Company Accounting Oversight Board’s new standard for an enhanced audit report.

The Internal Revenue Service needs to improve the way it deals with erroneous claims for refundable tax credits such as the Earned Income Tax Credit, according to a new report.

The best-performing companies tightly integrate various components of financial planning and analysis, focusing on some key metrics to drive their financial results, according to a new report.

Grant Thornton CEO Mike McGuire is moving his firm to become a more streamlined organization better able to respond to technological change than the Big Four, similar to the way Tesla has challenged the Big Three automakers.

The Big Four firm plans to begin offering auditing technology next week to smaller accounting firms through a new venture.

She will be one of three women currently leading one of the 25 largest accounting firms.

The Internal Revenue Service issued the annual cost of living adjustments Thursday for 401(k) contributions, pension plans and other retirement-related matters.

The recent string of devastating hurricanes and wildfires in the U.S. and its territories has prompted questions about financial reporting by companies striving to recover from natural disasters while wrestling with their insurance companies over damage claims.

CBIZ acquired CMF Associates, a consulting firm that specializes in helping private equity firms with services such as auditing and preparing for an IPO, back in June as it aims to extend its reach further into the PE area.

KPMG has released its 2018 Personal Tax Planning Guide with information about the current tax laws and guidance to help privately held businesses, business owners and their families deal with the uncertainty of upcoming tax reforms.

Dan Bricklin and Bob Frankston, the developers of VisiCalc, the first spreadsheet software program, commemorated "National Spreadsheet Day" on Tuesday.

The Internal Revenue Service, working in partnership with state tax authorities and the tax preparation industry as part of their Security Summit initiative, reported significant progress Tuesday in the battle against tax-related identity theft, with new steps planned for next tax season.

A group of seven Senate Democrats and one independent has written a letter to the Financial Accounting Standards Board asking FASB to require multinational corporations to disclose their taxes, profits, and revenues on a country-by-country basis, echoing a recent letter from a group of House lawmakers.