Michael Cohn

The Public Company Accounting Oversight Board has published a staff inspection brief detailing the objectives, focus, and scope of its ongoing inspections in 2015 of auditors of brokers and dealers.

A California CPA has admitted to abusing his positions at a worship center in New Jersey and a nonprofit in California to steal more than $4 million.

The Financial Accounting Standards Board released the proposed 2016 GAAP Financial Reporting Taxonomy for public review and comment Tuesday.

The Governmental Accounting Standards Board decided Tuesday to add a project to its technical agenda to re-examine the financial reporting model for state and local governments.

The Internal Revenue Service’s processing of tax returns that reported or claimed Premium Tax Credits during the 2015 filing season was challenged by delays in receiving data from some health insurance marketplaces and exchanges, and overpayments of Advance Premium Tax Credits, according to a new government report.

Compensation and revenue at small businesses increased this summer, along with the number of hours worked, Intuit reported Tuesday, although employment fell last month.

Grassi & Co. has merged in Rispoli and Co. CPAs, PC, effective Sept. 1, 2015, increasing Grassi’s trust and estate services on Long Island.

CliftonLarsonAllen is merging in the Texas accounting firm Sanford, Baumeister & Frazier, LLP, effective Sept. 1, 2015, bolstering CLA’s footprint in the Dallas-Fort Worth area.

Payroll giant Paychex detected a slight slowdown in small business employment growth last month.

Coming to the TV schedule later this year is a new series about a fraud investigator who finds out that her fiancé is trying to defraud her, and she is determined to turn the tables on him before he devastates her forensic accounting career.

The Internal Revenue Service has proposed regulations changing the amount of the penalties for failing to include information required to be disclosed about reportable transactions.

The Internal Revenue Service did not always follow its own procedures when selling some of the property it seized for unpaid taxes, according to a new report.

The Financial Accounting Standards Board has issued a proposed accounting standards update to clarify the implementation guidance on principal versus agent considerations contained in the new revenue recognition standard.

The Internal Revenue Service is waiving penalties assessed against any college, university or other educational institution for Forms 1098-T that were filed with an incorrect or missing taxpayer identification number.

While accounting scandals in the Netherlands have not been making a whole lot of headlines in the U.S., they have been generating plenty of controversy at home.

The chairmen of Congress’s two main tax committees, House Ways and Means Committee chairman Paul Ryan, R-Wis., and Senate Finance Committee chairman Orrin Hatch, R-Utah, have written to Treasury Secretary Jacob Lew saying he should hold off on developing country-by-country reporting regulations for taxation of multinational corporations.

Wolters Kluwer Tax & Accounting US said it has been selected for the 11th straight year by the Internal Revenue Service to deliver its sales tax rate and taxability tables to help taxpayers across prepare their tax returns.

Accounting, tax preparation, bookkeeping and payroll services are collectively the most profitable industry in the U.S., according to a new ranking.

Only 10 percent of accounting and finance professionals believe there is someone internally who could easily step in to fill their role if they quit, according to a new survey.

The Senate Appropriations Committee is proposing to increase the length of the Schedule EIC for claiming the Earned Income Tax Credit, requiring taxpayers to include much the same information on self-prepared returns that paid tax preparers are required to ask them on the EITC due diligence checklist.