Michael Cohn

New Jersey Society of CPAs CEO and executive director Ralph Albert Thomas is encouraging CPA firms and other businesses to expand their diversity and inclusion efforts.

The new lease accounting standard will have an impact beyond the usual suspects of airlines and retailers, with even cloud computing providers taking a hit, thanks to their leases of computer servers.

The Financial Accounting Standards Board has proposed a new accounting standards update that would require public and private companies to change the way they report income taxes on their financial statements.

Brian Croteau, deputy chief accountant at the Securities and Exchange Commission’s Office of the Chief Accountant, plans to step down.

The New York State Department of Taxation and Finance is warning tax preparers about the potential security risks they face from cybercriminals who are trying to access the data of their tax clients.

The Internal Revenue Service spent $10.71 million on guns, ammunition and other military-style equipment from fiscal year 2006 to FY 2014, according to a new report.

The Institute of Management Accountants said Monday that it has reached a milestone of 50,000 holders of its Certified Management Accountant credential.

Finance professionals around the world felt more upbeat about the economy in the second quarter of the year, according to a survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

Accounting firms are looking to bring in younger employees to fill their ranks as older Baby Boomer partners start to retire, but they have to offer the right enticements if their succession planning is going to work.

The Securities and Exchange Commission has suspended EFP Rotenberg LLP and an accountant at the firm for failing to detect fraud in the audit of a public company client, ContinuityX Solutions.

The internal audit profession is seeing a bit of a gender shift, as more women become chief audit executives.

James Schnurr, the chief accountant in the Securities and Exchange Commission’s Office of the Chief Accountant, has been seriously injured in a bicycling accident, and the SEC named deputy chief accountant Wesley R. Bricker as interim chief accountant while Schnurr recuperates.

Internal Revenue Service employees file more than 800 new injury claims each year, according to a new report.

The increasing popularity of ride-sharing apps such as Uber and Lyft has vaulted them ahead of traditional taxi and car rental services on corporate expense reports, according to one expense management software vendor.

New research from the International Federation of Accountants shows how advice and expertise from accountants helps improve business performance at companies around the world.

Internal auditors increasingly need to check their companies’ defenses against cyberattacks from hackers and identity thieves.

The Internal Revenue Service has released new guidance on how foreign financial institutions can enter into a Qualified Intermediary agreement with the U.S. under the Foreign Account Tax Compliance Act, or FATCA.

Marks Paneth LLC expanded into the Philadelphia area by merging in MDG LLC, a firm based in Jenkintown, Pa., and in a separate deal this month beefed up its Private Client Group in New York by merging in another firm, Kranz & Company LLP.

BDO USA LLP said Wednesday that it grew its annual revenues for the fiscal year ending June 30, 2016 to $1.29 billion, a 22.9 percent jump from fiscal year 2015, when it reached $1.05 billion.

The Internal Revenue Service has restored the online “Get an IP PIN” service after fixing security vulnerabilities in the tool for giving identity theft victims an Identity Protection Personal Identification Number.