Michael Cohn

The American Institute of CPAs is getting ready to roll out its long-awaited update of compilation and review standards for CPAs, Statement on Standards for Accounting and Review Services No. 21 (SSARS No. 21), one of the most significant revisions in non-audit standards in the last 35 years.

O’Connor Davies LLP, a New York City-based CPA firm, said Tuesday it would merge with Perl & Asch CPAs, P.C., a 26 year-old practice in Purchase, N.Y., effective Jan. 1, 2015.

A majority of board members at public companies want Congress to pass broad-based tax reform legislation to address corporate tax inversions, according to a new survey.

The American Institute of CPAs has asked the Equal Employment Opportunity Commission to reject appeals by EEOC staff to investigate and litigate against accounting firms about their mandatory partner retirement provisions, saying in a letter Monday that the classification of partners as employees would be disruptive to the accounting profession and its business practices.

The Internal Revenue Service will not meet the Treasury Department’s 2015 goal for full compliance with a directive requiring federal agencies to issue identification cards that allow workers to gain access to federally controlled facilities and information systems, according to a new government report that found IRS officials citing the lack of enough funding and staff as the main obstacles.

The CPA Consultants’ Alliance has released a new report on what drives happiness in CPA firms.

The Internal Revenue Service did not always issue a notice of its intent to issue a levy on taxpayer assets, according to a new report.

The Internal Revenue Service paid approximately $33 million for paper tax records storage services in fiscal year 2013, and as of March 2014, and the agency had 5.42 million cubic feet of paper tax records stored at various Federal Records Centers across the country, according to a new report.

The Internal Revenue Service did not always follow its own internal procedures for undelivered tax lien notices, according to a new government report.

The IFRS Foundation has launched eIFRS Professional, a new way for accountants to access information online about International Financial Reporting Standards.

BDO USA LLP said Tuesday that Matthew Becker, Stephanie Giammarco and Christopher Orella have each been elected to three-year terms on the firm’s board of directors.

Deloitte’s digital unit has expanded CloudMix, a pre-configured, pre-integrated system that ties together several cloud technology products, by including software from Dell, Apttus, DocuSign and Box in the new version, CloudMix 2.0.

Accounting and consulting firm Moss Adams LLP has released its annual Year-End Tax Planning Guide outlining some of the key tax issues and potential pitfalls for next year.

Grant Thornton LLP said its fiscal year 2014 revenue was the highest in the firm’s history.

While the Internal Revenue Service has taken a number of actions to implement requirements of the Plain Writing Act, more needs to be done to ensure that letters and notices are understandable to taxpayers, according to a new government report.

Thomson Reuters said Tuesday it has been awarded a new multi-year contract from the Internal Revenue Service to provide research resources for the agency.

In the two years since the JOBS Act was signed into law, the annual number of initial public offerings in the U.S. has reached its highest level since 2007, but few companies are seizing all of the benefits that the JOBS Act offers Emerging Growth Companies, according to a new study.

The United Kingdom-based Institute of Financial Accountants is joining together with Australia’s Institute of Public Accountants to form one of the largest professional accounting organizations in the world dedicated to small and midsize firms.

The Association of Certified Fraud Examiners is warning about the costs to organizations of being overly complacent about financial fraud.

The International Federation of Accountants has submitted a set of eight recommendations to G-20 government finance leaders on ways to support global growth and resilience.