Michael Cohn

The Financial Accounting Foundation report found the Private Company Council has been performing its duties effectively and should continue to operate.

The IRS declined to commit to expanding its Direct File free tax preparation program nationwide in response to a report from the GAO amid GOP opposition.

Chief financial officers continue to experience a downward decline in tenure and the lowest level of job security in the C-suite, according to a new study.

The average audit fee increased to $3.01 million in 2023, up from $2.83 million in the previous cycle, according to a new report.

The Institute of Internal Auditors and the Association of Chartered Certified Accountants have renewed their memorandum of understanding for another three years.

Kahn, Berman, Solomon, Taibel & Mogol in Hunt Valley, Maryland, is adding Varanko & Black CPAs, another firm in Baltimore County, effective Jan. 1, 2025.

The American Institute of CPAs has published a new guide on best practices for the accounting and valuation of business combinations such as M&A.

The Inflation Reduction Act extended the tax incentives for clean energy development project developers, and the new rules add more clarity.

The Committee of Sponsoring Organizations of the Treadway Commission published a framework for imposing internal controls over robotic process automation.

The Internal Revenue Service is adding more features to the Tax Pro Account, Business Tax Account and Individual Online Account, and starting a new enforcement campaign.