Michael Cohn

Chief financial officers continue to experience a downward decline in tenure and the lowest level of job security in the C-suite, according to a new study.

The average audit fee increased to $3.01 million in 2023, up from $2.83 million in the previous cycle, according to a new report.

The Institute of Internal Auditors and the Association of Chartered Certified Accountants have renewed their memorandum of understanding for another three years.

Kahn, Berman, Solomon, Taibel & Mogol in Hunt Valley, Maryland, is adding Varanko & Black CPAs, another firm in Baltimore County, effective Jan. 1, 2025.

The American Institute of CPAs has published a new guide on best practices for the accounting and valuation of business combinations such as M&A.

The Inflation Reduction Act extended the tax incentives for clean energy development project developers, and the new rules add more clarity.

The Committee of Sponsoring Organizations of the Treadway Commission published a framework for imposing internal controls over robotic process automation.

The Internal Revenue Service is adding more features to the Tax Pro Account, Business Tax Account and Individual Online Account, and starting a new enforcement campaign.

Auditing firms appear to be making headway on fixing some of the problems identified by the Public Company Accounting Oversight Board.

The private equity-backed firm invested in HM&M Advisory, based in Dallas, and Clark, Raymond & Co. in Redmond, Washington.

Cherry Bekaert acquires Katz Nannis + Solomon; Aprio adds two firms; Platform merges in DHS Advisors; and Delucchi Hawn joins PP&Co.

The nominee for head of the Securities and Exchange Commission, Paul Atkins, will pursue a more deregulatory and crypto-friendly approach than Gary Gensler.

The Senate Finance Committee voted along party lines to approve David Samuel Johnson as the next Treasury Inspector General for Tax Administration.

The Public Company Accounting Oversight Board is also offering insights on improving audit committee communications and a video on the new confirmation standard.

As the IRS scrutinizes large partnerships, they have new ways to report and correct errors in their returns.

Small-business jobs growth remained steady in November, while workers' wages grew only slightly, payroll provider Paychex reported.

SolomonEdwards acquires Steele Consulting; LGA merges in McGaunn & Schwadron; and Barsz Gowie Amon & Fultz adds William E. Howe.

Top 50 Firm UHY has received private equity funding from Summit Partners, the latest in a long line of accounting firms receiving PE financing.

The Treasury is warning Congress that it needs lawmakers to unlock funding for the Internal Revenue Service that could be rescinded due to legislative language.

The Public Company Accounting Oversight Board introduced two pieces of guidance to help auditing firms apply its new quality control standard.