The Latest

CohnReznick CEO Frank Longobardi discusses some of the major issues facing his firm, including recruiting and retaining employees, developing talent, and succession planning for partners who are retiring.

The Internal Revenue Service plans to make improvements in the way it assists victims of tax-related identity theft after a new government report says further improvements are needed.

The Financial Accounting Standards Board has issued a proposed accounting standards update to improve the effectiveness of the disclosure requirements for fair value measurements.

According to the results of the fourth quarter AICPA Economic Outlook Survey released on Thursday, polled executives do not anticipate significant profit and revenue in the coming year - the lowest outlook since 2012.

As U.S. private companies go, so goes the nation, according to Ken Esch, Private Company Services partner at PwC.

CliftonLarsonAllen has merged in its third firm so far this week, announcing that Gottlieb, Flekier & Co., P.A. in Overland Park, Kan., has joined CLA, effective Dec. 1, 2015.

The Internal Revenue Service’s Criminal Investigation unit released its annual report Thursday, as the group contends with a shrinking budget and recent controversy over its use of cell phone tracking technology.

Tax cheats can breathe a little easier. The gun-toting Internal Revenue Service investigators who send felons to prison are retiring in droves and there’s no one to replace them.

The International Accounting Education Standards Board (IAESB) released a Consultation Paper on Wednesday, titled Meeting Future Expectations of Professional Competence: A Consultation on the IAESB’s Future Strategy and Priorities. The IAESB’s proposed strategy from 2017 through 2021 builds on its revised International Education Standards (IES) and the Education Board’s work towards the implementation of those standards in an increasingly changing world.

Amy Radin of The Daily Innovator discusses how firms can develop a performance culture, in an interview with Accounting Today managing editor Danielle Lee.