Michael Cohn

Top 100 firm Friedman LLP has combined forces with Philadelphia-based accounting firm, Shechtman Marks Devor PC, effective Jan. 1, 2016.

Leaders of the Financial Accounting Standards Board and the International Accounting Standards Board are bracing for the release of the leasing standard and other standards that have been under development and generating debate for over a decade.

Baldwin CPAs merged in Anderson, Bryant, Lasky & Winslow, PSC, a firm based in Louisville, Ky., effective Jan. 1, 2016, expanding the firm’s presence in Kentucky.

The House has approved tax extenders legislation that makes a number of the periodically expiring tax breaks into permanent features of the tax code.

On the heels of the Public Company Accounting Oversight Board’s new standards for disclosure of audit engagement partners, the International Accounting Education Standards Board has issued new guidance for the implementation of its own standard, IES 8, Professional Competence for Engagement Partners Responsible for Audits of Financial Statements (Revised).

Kaplan Collections has developed a new infographic on how businesses can make it harder to collect on receivables, vs. how to get paid faster.

The Financial Accounting Standards Board has made available the 2016 GAAP Financial Reporting Taxonomy, pending final acceptance by the U.S. Securities and Exchange Commission.

A group representing community banks is objecting to recent remarks last week by Financial Accounting Standards Board chairman Russell Golden, claiming they “slander” community banks.

Wolters Kluwer has introduced two new learning certification programs for tax professionals.

Bloomberg BNA has released a federal tax guide for 2016.

The former tax preparer for Mike “The Situation” Sorrentino, one of the stars of the MTV reality TV series “Jersey Shore,” and his brother, Marc Sorrentino, pleaded guilty Wednesday to filing fraudulent tax returns on their behalf.

Becker Professional Education has introduced seven new Professional Certification Programs for CPAs and other financial professionals.

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has introduced an Internal Control Certificate Program.

The Sustainability Accounting Standards Board has issued provisional sustainability standards for renewable energy companies.

Capital markets executives are divided on the question of whether there will be more initial public offerings on U.S. exchanges next year, according to a new study by BDO USA.

Ernst & Young has formed a strategic alliance with the SAS Institute to provide data analytics technology to clients.

Congressional leaders unveiled a wide-ranging deal on tax extenders, making some items permanent.

WithumSmith+Brown is joining forces with The Mironov Group, effective Jan. 1, 2016, expanding Withum’s presence in New Jersey and Pennsylvania.

Whalen & Company, CPAs is expanding in Ohio after acquiring Earman and Wood CPAs, based in Hilliard.

December 31 is the last day for small business owners to open and start funding a 401(k) plan, and there are many tax benefits in a 401(k) that accountants should discuss with their business clients before the year is over.