Michael Cohn

The Financial Accounting Standards Board has issued an accounting standards update for private companies that opt to apply private company accounting alternatives, removing the effective dates for four of the alternatives.

Prager Metis CPAs has expanded its presence on Long Island by merging in Mayer CPAs.

The International Auditing and Assurance Standards Board has released a publication describing some of the audit issues arising from the shift to Expected Credit Loss models when accounting for loan losses under new accounting standards.

The Internal Revenue Service needs to improve the management of its backup and restoration process, according to a new report.

The six largest audit firm networks have agreed with international audit regulators on a new initiative to achieve a measurable reduction in audit deficiency findings by 2019.

PricewaterhouseCoopers has named Robert E. Moritz as chairman of its international network starting July 1, 2016.

Helen Brand, chief executive of the Association of Chartered Certified Accountants, is on a mission to expand accounting education across the world.

The American Institute of CPAs is asking the Treasury Department to provide tax relief to the cross-border savings accounts of U.S. and Canadian citizens.

Employment increased by a healthy 242,000 jobs in February, the U.S. Bureau of Labor Statistics reported Friday, although only 100 jobs were added in accounting and bookkeeping services.

The Financial Accounting Standards Board’s new lease accounting standard could have some positive payoffs for companies if they take a careful approach to implementing it.

Nearly three out of four organizations now include cybersecurity risks in their internal audits, a big jump from last year, according to a new survey.

Ernst & Young LLP has introduced eFinancial Wellness, a financial planning and financial education service for small to midsize businesses.

Bowers & Company CPAs has merged in Caswell & Associates, expanding the firm’s presence in upstate New York.

The Institute of Management Accountants released its salary survey Thursday, showing that accountants worldwide who earned certification through the Certified Management Accountant program received more in base salary and total compensation than accountants without certification.

Wolters Kluwer Tax & Accounting said it has been selected by the Internal Revenue Service to provide tax law and expert guidance and analysis handbooks to support the IRS staff in their research responsibilities.

Many of the special personal identification numbers given out by the Internal Revenue Service to protect victims of identity theft may have been stolen, according to a security research site.

Deloitte has acquired the San Francisco advertising agency Heat to build up its Deloitte Digital consulting practice.

The private sector added 214,000 jobs in February, according to payroll giant ADP, in another healthy sign for the economy.

The Internal Revenue Service has followed up on the Obama administration’s opening of diplomatic relations with Cuba by releasing a new revenue ruling that removes certain restrictions on income earned in Cuba.

Bloomberg BNA has published a special report to help accountants prepare for the Financial Accounting Standards Board’s new leasing standard.