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.
-
The board proposed revisions to its current going concern standard with the goal of improving transparency and consistent practices.
April 26 -
The foundation is adding a place on its website where people can raise concerns about the standard-setters not following due process.
April 26 -
A new report reminds auditors of the need to critically assess their own firm's capabilities and get a better understanding of the company they're auditing.
April 25 -
The International Public Sector Accounting Standards Board hopes to find common ground for government sustainability disclosures.
April 25 -
The service has slightly revised its 2014 guidance on the treatment of virtual currency to reflect the fact that some countries now accept Bitcoin as legal tender.
April 24 -
The association is giving candidates up to two and a half years to complete the exam after passing the first section of the test.
April 24 -
House GOP leaders also called for the Justice Department to investigate allegations by an IRS whistleblower involving Hunter Biden.
April 21 -
Candidates can now sit for the CPA exam with 120 credit hours, but still need 150 to actually get a license.
April 21 -
The institute is asking for more guidance on how to help taxpayers compute their losses on digital assets such as cryptocurrency.
April 20 -
Finance professionals felt a little more upbeat about the world economy in the first quarter of the year, according to a recent survey.
April 20 -
PE-backed Top 25 Firm is adding in the Louisiana-based Top 100 Firm; while tax firm Ryan acquires RETC.
April 20 -
The new commissioner is not ready to say yet what a report will recommend regarding a free system, but he promised it would be released in mid-May.
April 19 -
The board issued a staff report warning of high rates of deficiencies at special purpose acquisition companies.
April 19 -
House members introduced legislation to enable actors, musicians and other types of performers to write off their work-related expenses.
April 19 -
The Big Four firm announced layoffs of 5% of its staff only days after calling off plans to spin off its consulting practice.
April 18 -
Recently released guidance can help with establishing effective internal controls over such reporting.
April 18 -
The new commissioner lauded the agency's performance this filing season, thanks to the extra funding from last year's Inflation Reduction Act.
April 18 -
Some practitioners are advising clients to take advantage of Roth IRA conversions, but to tread carefully with the latest advances in artificial intelligence, as tax season nears an end.
April 17 -
Inspectors with the board listed their top priorities for inspections this year in a new staff report.
April 17 -
The service wants to hire more accountants, lawyers and other professionals to focus on high-income taxpayers and large corporations.
April 14
