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It’s no surprise that the experience of going through a random IRS audit affects future behavior. What is surprising is how the expected change in behavior—increased reporting of taxable income, and presumably, increased compliance—differs from corporations to individuals, and from individuals subject to third-party information to those who are not.

The Center for Audit Quality is providing support for more independent auditing-related research by picking two new academic research proposals for funding.

As the Baby Boomers move into retirement, their $50 trillion in assets will move with them -- and they’ll need professional help with the transition, according to Roger Ochs.

Thomson Reuters has released a new edition of PPC’s SMART Practice Aids – Single Audit Suite to automate the single audit process.

New York’s highest court again rejected a bid by former American International Group Inc. Chairman Maurice “Hank” Greenberg to dismiss the state’s decade-old fraud suit against him, clearing a path for a trial.

Private sector employment grew by 173,000 jobs in May, according to payroll giant ADP, in a sign of slowing job growth.

Despite their collective sigh of relief at the end of tax season, the lull that afflicts the profession afterwards can be disquieting.

According to the results of the Q2 AICPA Economic Outlook Survey, executives across the country are feeling a bit more hopeful about the U.S. economy’s outlook than last quarter, the AICPA announced on Thursday. The Q2 survey was conducted May 10-26 2016 and received 744 qualified responses.qualified responses.

Wolters Kluwer Tax & Accounting has acquired CPE Link, an online provider of continuing professional education for accountants, tax preparers and financial advisors.

Check out the June 2016 issue of Accounting Today.