Michael Cohn

The Securities and Exchange Commission has named James Schnurr, a former vice chairman at Deloitte, as chief accountant.

The Financial Accounting Standards Board has added five more projects to its agenda for simplifying accounting standards, including short-term projects related to debt and tax accounting.

In case you haven’t heard, National Grandparents Day is just around the corner, on September 7.

The Public Company Accounting Oversight Board has released a new report showing that auditors of brokers and dealers who were inspected last year continued to have a high number of problems with independence and audit deficiencies.

The Internal Revenue Service has denied tax-exempt status to a group that claimed it was dedicated to protecting the human rights of defenseless victims of involuntary microwave and mind control attacks.

The International Accounting Education Standards Board has issued a new plan to support the adoption and implementation of the recently revised International Education Standards for accountants.

The International Ethics Standards Board for Accountants has proposed to strengthen the auditor independence standards in the ethics code to address long associations with audit and assurance clients.

Deloite LLP has named Frank S. Friedman as the firm's new CEO, succeeding Joe Echevarria, who is retiring to focus on public service.

The Internal Revenue Service has issued new rules for changing a method of accounting for retail inventory.

The Internal Revenue Service has issued a new one-page publication with information about exemptions to the health coverage requirements of the Affordable Care Act.

Governments that default on their sovereign debt could be falling victim to the absence of accrual accounting in most public sector entities, and the International Federation of Accountants wants to change that.

The Internal Revenue Service and the Treasury Inspector General for Tax Administration said they are continuing to hear from taxpayers who have received unsolicited calls from individuals demanding payment while fraudulently claiming to be from the IRS.

A number of Internal Revenue Service contractor employees who did not undergo the required background checks had access to taxpayer data, according to a new government report.

The Securities and Exchange Commission has charged an accounting firm partner in Atlanta with insider trading in the stock of a client’s restaurant company while tipping off other clients, and he agreed to pay over $124,000 to settle the charges.

Many banks are unprepared for changes in accounting standards next year on how to calculate losses on their loans and leases, according to a new survey.

Six Democrats in Congress have sent a letter to President Obama, encouraging him to deny federal contracts to inverted corporations.

A group known as the Alliance for the Defense of Canadian Sovereignty has filed suit against the Canadian government challenging the constitutionality of an intergovernmental agreement between the U.S. and Canada to implement the Foreign Account Tax Compliance Act.

The Federal Trade Commission said it is mailing more than $16 million in refund checks to 18,571 consumers who had paid money to American Tax Relief, a company that allegedly bilked financially distressed consumers by falsely claiming it could reduce their tax debts.

A small percentage of tax-exempt organizations have a substantial amount of delinquent payroll taxes, according to a new government report.

Ian Mackintosh, vice-chairman of the International Accounting Standards Board, described some of the failures of the convergence process with the Financial Accounting Standards Board in a speech Wednesday, insisting that wholesale adoption of International Financial Reporting Standards is preferable to convergence.