Michael Cohn

Academic research finds that readable financial disclosures help not only investors, but companies as well.

Rep. Lloyd Doggett, D-Texas, the ranking Democrat on the House Ways and Means Tax Policy Subcommittee, introduced a “privileged resolution” Tuesday that would require the House to immediately request President Trump’s tax returns and those of his businesses.

The American Institute of CPAs has written a letter to the Internal Revenue Service and the Treasury Department asking them to postpone the effective date of the centralized partnership audit regime for one year until the end of 2018.

Thomson Reuters has begun providing a certificate program that explains the essentials for practitioners who perform compilation, review and preparation engagements, and how to prepare for peer review.

Sageworks has released an e-book that provides technology advice to accountants and other business advisors.

Marcum LLP has named its longtime managing partner, Jeffrey M. Weiner, as chairman and CEO, and David Bukzin as vice chairman.

KPMG entered into an agreement with the U.S. Department of Labor to resolve allegations of hiring discrimination against 60 Asian candidates applying for associate auditor jobs in the firm’s Short Hills, N.J., office.

The Internal Revenue Service has supplemented its online tax account tool with some new self-service features for taxpayers and their preparers.

Fifteen years after passage of the Sarbanes-Oxley Act, companies are still finding the costs of compliance heavy in terms of both dollars and man hours, according to a new report.

A Grant Thornton firm in the West Indies has merged in a former BDO firm to expand its presence in the Caribbean.

The Internal Revenue Service has released a revenue procedure that offers an easier way to get an extension of time to file a return to opt for portability of the deceased spousal unused exclusion amount.

BDO’s global network of accounting firms has named Keith Farlinger as CEO of BDO International, succeeding Martin van Roekel, on Nov. 1, 2017.

As more companies come under pressure to rotate their auditing firms, particularly in Europe, a new report finds companies that have changed auditors may be feeling some buyer’s remorse.

Kate Barton, Americas vice chair of tax services for the Americas Tax practice at Ernst & Young, discusses the contrasting tax reform plans of House Republicans and President Trump, and what’s likely to be in the final bill.

British Telecom has picked KPMG as its new auditing firm, ending a 33-year relationship with PricewaterhouseCoopers, in the wake of an accounting scandal in the telecommunications giant's Italian unit.

The International Accounting Education Standards Board has proposed a revision to its continuing professional development standards that could potentially move accountants away from gaining CPE credit in terms of a set number of hours.

The Internal Revenue Service is making strides in assisting victims of tax-related identity theft more promptly and making fewer errors on cases, thanks to a more centralized approach, according to a new government report.

More than 70 ministers and high-level representatives from countries around the world signed a tax treaty to prevent base erosion and profit shifting, but not the U.S.

Accounting firm combinations in Florida and Alabama lead the bill in a roundup of recent M&A activity in the profession, plus a payroll company has been acquired.

Many businesses are slow-walking to implementing the revenue recognition standard, even as the effective date approaches next year.