Michael Cohn

The number of accountants who belong to professional accounting organizations that are members of the International Federation of Accountants grew 16 percent from 2.4 million to 2.8 million between 2009 and 2013.

The Financial Accounting Standards Board’s 2007 standard on accounting for uncertainty in income taxes, FASB Interpretation No. 48, or FIN 48, has helped discourage companies from using tax reserves to manage their quarterly earnings reports, according to a new study.

The Internal Revenue Service has made progress on implementing the Foreign Account Tax Compliance Act, including explaining the various requirements to the affected stakeholders, according to a new report.

Financial restatements can prompt similar companies to misstate their own earnings, according to a new study.

The Center for Audit Quality has released two new member alerts to help public company auditing firms address potential risks during the upcoming audit cycle.

Argentinean soccer star Lionel Messi is facing the possibility of jail time after a Spanish judge turned down a request by prosecutors to drop the tax fraud charges against him.

The pace of change in the CPA profession is getting faster, and not enough accountants are ready, according to New York State Society of CPAs executive director Joanne Barry.

The Internal Revenue Service has revised and updated its publication on how businesses should protect taxpayer data.

The Internal Revenue Service has issued a consumer alert about possible fake charity scams emerging due to severe flooding this month in South Carolina and neighboring states.

The Internal Revenue Service has not been revoking the Preparer Tax Identification Numbers of thousands of tax preparers who fail to comply with IRS rules and their own tax-filing and payment obligations, according to a new report.

Public companies paid an average of $1.5 million in audit fees last year, according to a new report, with a median audit fee of $402,812, representing a median increase of 3.4 percent over the audit fees they paid in 2013.

Bloomberg BNA has released an analysis of the state tax challenges associated with cloud computing.

Thomson Reuters has added content to its Checkpoint Catalyst research system on the Financial Accounting Standards Board’s financial reporting requirements.

Senior tax executives are preparing for changes in the tax landscape as a result of the Organization for Economic Co-operation and Development’s base erosion and profit shifting project.

The Internal Revenue Service said Thursday the number of tax returns electronically filed by businesses increased nearly 9 percent this year, continuing the growth in the number of corporate and partnership returns filed electronically.

Louisiana governor and Republican presidential candidate Bobby Jindal released a tax reform plan that would require all Americans to pay taxes.

Camico is offering insurance coverage to protect CPAs from losses caused by a variety of different “cyber risks.”

The House Ways and Means Oversight Subcommittee held a hearing Wednesday examining the rising costs of higher education and tax policy, including how tax breaks could be a contributing factor behind spiraling tuition costs.

British Petroleum will be able to write off $15.3 billion of the $20.8 billion settlement of the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, according to an advocacy group.

The Internal Revenue Service is offering tax relief to victims of the historic flooding in recent days in South Carolina.