Michael Cohn

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.

The Millennial generation is the most diligent when it comes to filing their taxes early, according to a new survey.

The Internal Revenue Service has released new data showing how successive rounds of budget cuts had an impact on activities at the agency last fiscal year.

The Institute of Internal Auditors has released an updated look at continuous auditing, providing guidance to chief audit executives on what technologies are available for continuous auditing, and how continuous auditing relates to management’s risk management, risk assessment and monitoring activities.

A new government report finds some early evidence that the Advance Premium Tax Credit probably contributed to an expansion in health insurance coverage last year, but also notes that some taxpayers still lack access to affordable health plans.

The Internal Revenue Service has settled a legal dispute with a medical marijuana dispensary by agreeing to refund approximately $25,000 in fines and abate future penalties.