Michael Cohn

The Financial Accounting Standards Board’s Emerging Issues Task Force has proposed an accounting standards update for how certain cash receipts and cash payments would be classified on the statement of cash flows.

The Institute of Internal Auditors has proposed changes to its International Standards for the Professional Practice of Internal Auditing to help internal auditors meet the challenges of today’s business environment.

Accounting firms that prepare the taxes of companies they also audit tend to steer away from dubious tax deductions, according to a new study.

The American Institute of CPAs has sent comments to the Internal Revenue Service and the Treasury Department asking for changes in the IRS’s draft Form 8971, Information Regarding Beneficiaries Acquiring Property from a Decedent, and draft instructions.

Alex Malley, the chief executive of CPA Australia, a professional organization for accountants in the Land Down Under, has gotten a high-profile new gig: hosting a Sunday morning TV series on a top TV network there.

Thomson Reuters has released ONESOURCE Indirect Tax Integration for Microsoft Dynamics AX, connecting the company’s sales tax and VAT software with Microsoft’s enterprise accounting product.

The Internal Revenue Service joined partners across the country in promoting the Earned Income Tax Credit on EITC Awareness Day on Friday.

Mowery & Schoenfeld LLC has merged in a fellow Illinois CPA firm, Gary Hart & Associates, Ltd., effective Jan. 1, 2016.

Thirty-eight percent of organizations are turning to outside services to supplement the efforts of their internal audit function, according to a new survey of chief audit executives.

Tax preparation software provider TaxSlayer detected suspicious activity on its servers about a week after another tax software developer, TaxAct, was attacked by identity thieves.

R. Waidler & Associates P.C., a firm in Boulder, Colo., will become part of Top 100 firm Eide Bailly LLP, effective Feb. 1.

The Internal Revenue Service needs to do more work to refine its latest fraud detection system to catch the new schemes that its older system managed to detect, according to a government report.

The heads of three CPA firms, EisnerAmper, Grassi & Co., and GBQ, discussed some of the trends they have been seeing in the profession, and the struggles they have experienced at their firms at the Winning Is Everything conference in Las Vegas last week.

Top 100 firm Henry & Horne, LLP has acquired a sole practitioner’s firm, Centerpoint Advisors, effective January 1.

The American Institute of CPAs is encouraging firms to modernize the way they conduct audits by using data analytics technology and working to improve the way employee benefit plan audits are conducted in response to a critical Labor Department report.

Workers who switched jobs to go from part-time to full-time employment experienced a decline in average hourly earnings in most industries in the fourth quarter, according to a new report from payroll giant ADP.

WeiserMazars has acquired Lion & Company CPAs, an accounting and advisory firm in Syosset, N.Y., expanding WeiserMazars’ Entrepreneurial Services and Health Care Consulting services.

The younger generation is beginning to gain more influence at accounting firms.

The Internal Revenue Service is urging taxpayers to choose their tax preparer carefully, warning that some unscrupulous preparers are pocketing their individual health coverage payments under the Affordable Care Act.

More than a dozen Internal Revenue Service employees misused their government-issued charge cards, but the extent of the confirmed purchases totaled less than $600, while another case of potential misuse totaled less than $2,350, according to a new report.