Michael Cohn

Pay increases for CFOs and controllers increased an average of 4 percent this year, but that was slightly less than a year ago, according to a new salary survey.

The Consumer Financial Protection Bureau proposed long-awaited rulemaking last week to protect consumers from falling into the trap of ever-spiraling debt for taking out a short-term “payday loan.”

The Tax Foundation, a nonpartisan think tank, has released a new ebook comparing the impact of 100 tax reform proposals.

Only 9.8 percent of financial and accounting professionals say their companies are prepared to comply with the new lease accounting standards, according to a new survey by Deloitte.

Congress and the Internal Revenue Service are starting to take a closer look at the museums set up by private foundations that receive special tax-exempt status from the IRS.

The Internal Revenue Service released further details Friday on how a business entity can become certified under the IRS’s new certified professional employer organization program.

The American Institute of CPAs has sent comments to the Internal Revenue Service and the Treasury Department on proposed regulations for estate tax basis reporting.

OfficeTools plans to integrate its practice management software WorkSpace with Crexendo, a provider of cloud-based communication services.

The Federal Accounting Standards Advisory Board is proposing changes in how the federal government accounts for tax expenditures.

Forget about Yul Brynner, Steve McQueen, Charles Bronson, James Coburn, Robert Vaughn, Horst Buchholz and Brad Dexter. Accountants need a “Magnificent Seven” set of attributes to survive in today’s business environment, according to new research from the Association of Chartered Certified Accountants.

Moss Adams LLP has agreed to combine with Morse Wittwer Sampson LLP, a firm based in Fresno, Calif., effective June 30, 2016.

Kessler Orlean Silver & Co., has merged in The Kaplan Partners LLP of Chicago, effective June 1.

Employers added a disappointing 38,000 jobs in May, the U.S. Bureau of Labor Statistics reported Friday, including 5,400 in accounting and bookkeeping services, although the unemployment rate declined three-tenths of a percentage point to 4.7 percent.

Stephen Chipman, the former CEO of Grant Thornton LLP, has become CEO of Radius, a provider of international accounting, finance, banking, tax, HR, legal and compliance support for global companies, based in Boston.

The Center for Audit Quality is providing support for more independent auditing-related research by picking two new academic research proposals for funding.

Thomson Reuters has released a new edition of PPC’s SMART Practice Aids – Single Audit Suite to automate the single audit process.

Private sector employment grew by 173,000 jobs in May, according to payroll giant ADP, in a sign of slowing job growth.

Wolters Kluwer Tax & Accounting has acquired CPE Link, an online provider of continuing professional education for accountants, tax preparers and financial advisors.

Two new surveys highlight the differing financial situations of older and younger adults.

The XBRL US Data Quality Committee has released an analysis showing big improvements in the quality of filings in Extensible Business Reporting Language format by companies that follow a new set of validation rules.