Michael Cohn

The threat of a government shutdown receded Friday, but the IRS would nevertheless still operate during tax season, even at lower capacity, in the event of a shutdown.

The Trump administration has been rapidly backing away from the various green energy tax incentives offered under the Biden administration.

The International Federation of Accountants finalized revisions to embed sustainability throughout training of accountants.

The Public Company Accounting Oversight Board staff released a new publication aimed at helping firms complete Form AP.

Accounting jobs that allow employees to work remotely may be disappearing as more employers demand people return to the office.

A bipartisan group has reintroduced legislation to allow immediate expensing of research and development costs, all the way back to 2022 when the tax break expired.

The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.

Internal auditors are taking on more responsibilities, leveraging generative AI for tasks such as audit planning and reporting, says a new IIA report

The Public Company Accounting Oversight Board imposed $3.375 million in fines on KPMG firms in Australia, Brazil, Canada, Israel, Italy, Mexico, South Korea, Switzerland and the U.K.

The Top 50 Firm is expanding further in Canada by adding locations in the greater Toronto area and Calgary.