Michael Cohn

The Public Company Accounting Oversight Board has approved the reorganization of its auditing standards to help users navigate the standards more easily.

Filings of securities class actions with accounting-related allegations increased 47 percent in 2014, according to a new study.

Even though tax season is getting close to the end, there are still some important tips that accountants can share with their clients by April 15, and beyond.

The accounting profession is facing a period of upheaval as Baby Boomers retire and firms experience mergers and leadership shifts, according to a new report.

Nearly half of Americans are saving no more than 5 percent of their incomes, while 18 percent are saving nothing at all, according to a new report.

Privately held U.S. companies are growing sales this year so far at the fastest rate in three years, according to the financial information company Sageworks.

Kara Stein, a commissioner with the Securities and Exchange Commission, appeared to reject the need for convergence with International Financial Reporting Standards in a speech last week.

Fifty-three percent of U.S. adults have not started making financial arrangements for retirement, according to a new survey, and four out of 10 respondents admitted that not having saved enough for retirement is their biggest financial regret.

The Cleveland-based CPA firm Skoda Minotti is facing a lawsuit from a group of depositors who lost their money after the collapse of a credit union that the firm had been auditing.

The Financial Accounting Standards Board is getting ready to unveil a set of proposals that could have a major impact on the way nonprofit organizations present their financial statements.

The House Ways and Means Committee passed seven bills Wednesday aimed at reforming the Internal Revenue Service.

Bloomberg BNA has released a new analysis of the recent sweeping changes in New York State’s corporate tax laws.

The Public Company Accounting Oversight Board has scheduled a meeting for next Tuesday where it will vote on adopting a reorganization of auditing standards.

The Association of Chartered Certified Accountants has produced a new series of reports in collaboration with the Economic and Social Research Council investigating the dynamics between corporate culture and regulations and the link to dysfunctional behavior in organizations.

The consumer finance site Wallethub has ranked the best and worst states across the country where taxpayers can find accountants to help prepare their taxes.

Senator Ted Cruz threw his hat into the ring to launch his candidacy for the Republican nomination this week, promising among other things to get rid of the Internal Revenue Service.

Fifty-six percent of Maryland CFOs, controllers and management accountants said they spend less than 50 percent of their time on traditional accounting and financial reporting functions, according to a recent poll by the Maryland Association of CPAs.

The Sustainability Accounting Standards Board has released a set of provisional sustainability accounting standards for “resource transformation” industries such as aerospace and chemicals.

Investors should pay closer attention to the Other Comprehensive Income statement on financial reports, suggests a new study.

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, has sent a letter to Internal Revenue Service commissioner John Koskinen asking the agency to issue guidance to make clear that electrical vehicle charging provided by employers is a de minimis fringe benefit.