Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of publications since 1985. Prior to joining Accounting Today and WebCPA, he worked for Red Herring, Internet World, Beyond Computing, Accounting Technology and PC Magazine, and freelanced for a variety of other business publications. A graduate of the University of Pennsylvania with a BA in English, he studied accounting at the Wharton School of Business, and currently lives in New York City.
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The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.
December 17 -
The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local governments on subsequent events.
December 17 -
Nine organizations wrote to the Department of Education expressing opposition to rules excluding accounting from recognition as a professional degree program.
December 16 -
The Institute of Internal Auditors has released its latest "topical requirement," this time on organizational behavior as part of a company's culture.
December 16 -
The Top 50 Firm based in Troy, Michigan, has completed its fourth acquisition in Houston this year and its 10th across the country.
December 16 -
The One Big Beautiful Bill Act makes the opportunity zone program permanent and also introduces some changes in the real estate investor tax breaks.
December 15 -
The deal will expand the Top 10 Firm's footprint to South Florida and its existing presence on the East Coast.
December 15 -
Platform Accounting Group expanded in Oregon; Springline Advisory acquired Actuarial Resources; Sorren added RTO; Patrick Accounting and Tax Services is buying Knight Home Care Financial.
December 11 -
The House Ways and Means Committee passed three bills aimed at bolstering taxpayer rights.
December 11 -
Business executives are most worried about the risks from cybersecurity and third parties, but see opportunities for growth in the next few years.
December 11 -
Growth was led by tax (7%) and advisory (4%), followed by audit and assurance (3%) and business services outsourcing (2%).
December 10 -
Public Company Accounting Oversight Board officials are sounding a cautious note about the spread of artificial intelligence and private equity at audit firms.
December 9 -
The Chicago-based firm has acquired New York- based accounting firm Farkouh, Furman & Faccio.
December 9 -
The Securities and Exchange Commission is planning to encourage greater cooperation between U.S. and international standard-setters.
December 8 -
PKF O'Connor Davies, a Top 25 Firm based in New York, has added Wolf Maryles & Associates, also headquartered in Manhattan.
December 8 -
The accounting standards update aims to improve the navigability of interim reporting disclosures while clarifying when that guidance should be applicable.
December 8 -
Audit teams with a greater number of women provide higher-quality audits at a lower cost, according to new research.
December 5 -
CEO Jeff Call is ramping up the use of artificial intelligence at the Top 100 Firm, and helping clients adjust to changes from the One Big Beautiful Bill Act.
December 5 -
Carr, Riggs & Ingram added DK Partners; LGA merged in Ziner & Murphy; Adams Brown acquired Stafford & Westervelt; and Stephano Slack merged in Boyer & Boyer and Kimmel, Lorah & Associates.
December 4 -
Public Company Accounting Oversight Board member Christina Ho plans to resign by the end of January as a shakeup is expected at the board.
December 4
