Michael Cohn

The Financial Accounting Standards Board and the International Accounting Standards Board are considering some changes to their converged revenue recognition standard that could lead to divergence after hearing feedback from the Joint Transition Resource Group that is examining implementation issues.

Prince Charles' Accounting for Sustainability Project and its Chief Financial Officer Leadership Network has published four guides to help the finance and accounting community address the issues of integrating sustainability into their business processes and decisions.

A majority of Americans continue to be concerned about the privacy and safety of their personal and financial data when filing their tax returns online.

Chief audit executives and audit committee members view internal audit priorities differently, particularly when prioritizing risks, according to a new survey by Grant Thornton.

The Institute of Internal Auditors is merging with the Auditing Roundtable to create a new Environmental, Health, and Safety Audit Center that will serve environmental, health and safety auditors around the world, starting in 2016.

The Internal Revenue Service has released a set of frequently asked questions and answers in an effort to clarify its tangible property repair regulations.

Thomson Reuters has added tax research on e-commerce to its Checkpoint Catalyst research service.

Audit reviewers who are aware of the personal biases of audit preparers are still influenced by them, according to a new study.

The video game retailer GameStop recently polled over 1,000 tax refund recipients about their tax refunds, and the results could be rated M for Mature.

Mark Everson, a former commissioner of the Internal Revenue Service, is throwing his hat in the ring and running for president of the United States.

An organization of Irish accountants has signed an agreement with a Russian accounting organization, to provide education, training, examination, an online certificate in financial reporting and an array of other areas.

Many nonprofit professionals are expecting growth and increased revenue this year, according to a new survey.

Progress for women in the business world who hope to attain senior management roles remains discouragingly slow, according to a new survey by Grant Thornton.

The Internal Revenue Service is considering the possibility of allowing free electronic filing of employment tax returns.

Tax preparation software developers like Intuit are coming under pressure to do more to control security to safeguard their software from identity thieves.

Sen. Rand Paul, R-Ken., has re-introduced a bill to repeal certain provisions of the Foreign Account Tax Compliance Act that he contends violate taxpayer privacy.

Senate and House Democrats are introducing a series of bills to expand the Earned Income Tax Credit, Child and Dependent Care Tax Credit, and the American Opportunity Tax Credit, and create a new 21st Century Worker Tax Cut.

The Financial Accounting Standards Board has voted to issue a proposed accounting standards update to improve the financial statements for not-for-profit organizations and ask for public comments.

Internal audit professionals are making progress in meeting cybersecurity and data privacy standards, according to a new report, but a great deal of work remains, with many of the surveyed organizations rating themselves as less than “very effective” at addressing their cybersecurity risks.

Private sector employers added 212,000 jobs in February, according to payroll giant ADP, but job gains were slightly weaker than in recent months, possibly because of the winter weather.