Michael Cohn

Years of budget cuts are having a negative impact on the ability of the Internal Revenue Service to collect delinquent taxes, according to a new government report.

Accounting Today presented the Best Accounting Firms to Work For awards at its annual Growth & Profitability Summit in Boca Raton, Fla., on Monday.

The global economy entered a “dangerous period of uncertainty” during the third quarter of 2014, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

Despite Sarbanes-Oxley requirements, audit committee influence over hiring the outside auditor and setting the audit fees remains more of a hope than a reality, according to a new study.

The majority of CPA firms experienced modest revenue increases in 2013, reflecting either stable or higher profits, according to a new survey by the American Institute of CPAs and the Texas Society of CPAs.

CPA comedian Greg Kyte and accounting firm consultant Gale Crosley suggested ways for accountants to grow their practices during keynote addresses kicking off Accounting Today’s Growth & Profitability Summit 2014 on Sunday in Boca Raton, Fla.

A group known as the Climate Disclosure Standards Board is readying an updated Climate Change Reporting Framework that aims to tie environmental information in with financial reporting for investors.

The leader of a prominent African American CPA firm in Miami has decided to rename his firm and sharpen his focus on consulting services.

The Governmental Accounting Standards Board has released a proposed standard that would require state and local governments to disclose information about property and other tax abatement agreements for the first time.

The Internal Revenue Service is making changes in W-2 and 1099 forms and reporting requirements, starting next year.

CBIZ CEO Steven L. Gerard said he plans to retire as CEO of the professional services firm in March 2016, and will be succeeded by president and COO Jerome P. Grisko Jr.

Crowe Horwath LLP CEO Charles Allen will be co-chairman of the global accounting firm network of which it is the main member in the U.S., Crowe Horwath International.

The Internal Revenue Service announced the annual inflation adjustments for tax year 2015 for more than 40 tax provisions, including the tax rate schedules, and other tax changes.

The Institute of Internal Auditors has introduced an online tool to help its members develop a personalized career development plan.

Hedge funds and portfolio managers often have sophisticated needs when it comes to dealing with capital gains taxes and keeping them to a minimum, and one of the wrinkles they need to deal with is a constructive sale.

The Securities and Exchange Commission has approved the Public Company Accounting Oversight Board’s new standard on auditing related party transactions and significant unusual transactions.

Nearly 60 percent of initial public offerings in 2011, 2012 and 2013 on the U.S. markets used at least one non-GAAP financial measure in their financial statements, according to a new study by PricewaterhouseCoopers.

A former Internal Revenue Service employee received a prison sentence for leading a conspiracy to steal taxpayers’ identifying information in order to receive fraudulent tax refunds.

Accounting firms Elliott Davis and Decosimo said Wednesday they plan to merge at the beginning of the year to create one of the largest regional firms in the U.S.

The Internal Revenue Service issued two items of guidance Wednesday in response to the need for charitable and other relief due to the Ebola outbreak in West Africa.