Michael Cohn

The number of financial restatements from companies fell nearly 14 percent last year to the lowest number since 2002, according to a new report.

Moore Stephens’ Hong Kong firm won a victory in a New York federal appeals court on a case that could have a far-reaching impact on class-action lawsuits involving audit reports.

A bipartisan group of senators from the Senate Finance Committee are asking the Treasury Department to intervene with European Commission officials who have been investigating special deals set up by U.S.-based multinationals with countries in the European Union allowing them to lower their taxes.

The Internal Revenue Service is reminding tax professionals to register for its 2016 IRS Nationwide Tax Forums, where they can earn up to 19 continuing professional education credits.

The American Institute of CPAs has asked the Internal Revenue Service and the Treasury Department for the IRS to set up a separate user fee category for private letter ruling requests for S corporations, which would result in lower fees for these requests.

The American Institute of CPAs has sent a comment letter to the Internal Revenue Service about Notice 2015-54, Transfers of Property to Partnerships with Related Foreign Partners.

The profiles and priorities of CFOs around the world are undergoing a transformation, according to a new report from Ernst & Young.

Chart-topping singer Dionne Warwick sang for the New York State Society of CPAs at the NYSSCPA Foundation for Accounting Education’s annual gala Thursday evening, raising funds for young students interested in entering the accounting field.

The Internal Revenue Service is planning to begin testing as early as next week a more secure version of the online “Get Transcript” app that was taken down last year when the IRS discovered it had been used by hackers to access hundreds of thousands of tax returns.

The Internal Revenue Service still doesn't have the authority from Congress to correct billions of dollars in erroneous claims for the Earned Income Tax Credit despite recent legislation, according to a new report.

The Internal Revenue Service needs to enhance its internal control over financial reporting, according to a new report from the Government Accountability Office.

Thomson Reuters has released a new version of its ONESOURCE Operational Transfer Pricing software that uses big data technology to automate, track and analyze the transfer pricing process.

The Financial Accounting Foundation posted its 2015 Annual Report to its website Thursday.

The American Institute of CPAs has sent more than 160 recommendations to the Internal Revenue Service regarding on the items to include on the agency’s 2016-2017 Guidance Priority List.

The Obama administration expanded overtime eligibility for millions of workers Thursday, releasing a long-awaited rule change that the Labor Department estimates will extend overtime pay to 4.2 million more workers.

The Internal Revenue Service has released final regulations for disbursements from Roth individual retirement accounts, removing the allocation rule for disbursements from designated Roth accounts to multiple destinations.

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, released a legislative discussion draft Wednesday to lay the groundwork for tax reform in the area of financial derivatives.

BDO USA LLP has expanded to Utah by merging in Mantyla McReynolds LLC, a firm based in Salt Lake City.

The leasing standard that the Financial Accounting Standards Board released in February is going to require some extra training for businesses from their accountants and could lead to some re-evaluations of clients’ leasing obligations.

The Senate Finance Committee held a hearing Tuesday on integrating the corporate and individual tax codes, specifically in terms of allowing corporations to deduct the dividends they pay shareholders from their taxes.