Michael Cohn

The Public Company Accounting Oversight Board released a document Thursday describing its main objectives, focus and scope when inspecting audit firms this year.

Intuit’s monthly Small Business Indexes indicated small business employment remained unchanged in September, with employees paid slightly more while working slightly less throughout the month.

The Internal Revenue Service improperly withheld information from people requesting it under the Freedom of Information Act, according to a new government report.

Paychex reported some softening in employment growth among small businesses last month.

The Governmental Accounting Standards Board has issued a proposed Implementation Guide containing questions and answers aimed at clarifying, explaining and elaborating on recent GASB standards.

The Securities and Exchange Commission has charged five Florida residents—including an accountant and two lawyers—with insider trading ahead of the acquisition of Pharmasset by Gilead Sciences.

The Financial Accounting Standards Board has issued a proposed accounting standards update to improve the guidance on collectibility, noncash consideration, and completed contracts at transition in the new revenue recognition standard.

Private sector employment increased by 200,000 in September, according to payroll giant ADP, in another sign of an improving economy, albeit with some negative indicators.

Pennsylvania accounting firms Wouch, Maloney & Co., LLP and Edward F. Burger & Associates, LLC have agreed to merge.

A group of Senate Democrats have unveiled a bill to provide more incentives for clean energy, including tax breaks.

The Securities and Exchange Commission has filed financial fraud charges against four former officers of SMF Energy Corp., a bankrupt Fort Lauderdale, Fla., fuel transport company.

The personal finance website WalletHub has released its annual report on 2015’s Most & Least Fair State Tax Systems.

The International Federation of Accountants has released a Guide to Compilation Engagements to help accountants in small and midsize practices.

Presidential candidate Sen. Bernie Sanders, I-Vt., along with Sen. Sherrod Brown, D-Ohio, and seven of their Democratic colleagues in the Senate, have introduced legislation to repeal a tax on so-called “Cadillac” health plans.

A revenue agent for the Internal Revenue Service was arrested for accepting payment from a Seattle marijuana dispensary owner after allegedly soliciting a bribe.

The Sustainability Accounting Standards Board has issued provisional standards for eight more industries.

The Internal Revenue Service needs to improve the accuracy of how it decides which fees health insurance providers are supposed to pay each year under the Affordable Care Act, according to a new government report.

The Financial Accounting Standards Board has issued for public comment two exposure drafts related to materiality and its Disclosure Framework project with the goal of making financial disclosures more effective.

The U.S. government has signed “competent authority arrangements” with the United Kingdom and Australia to advance their intergovernmental agreements to combat tax evasion under the Foreign Account Tax Compliance Act, or FATCA.

Thomson Reuters has released a new program to help tax professionals and accounting firms educate their clients, prospects and client service teams about the latest developments in the field.