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.
-
Grants to charities from donor-advised funds grew 28% last year, according to a new report, as DAFs also come under scrutiny for helping the wealthy shield their money from taxes.
November 15 -
The Governmental Accounting Standards Board issued proposed implementation guidance in the form of questions and answers to clarify different pronouncements.
November 15 -
Democrats on the tax-writing House and Ways Means Committee are asking the Justice Department and the Treasury Inspector General for Tax Administration to investigate.
November 15 -
The financial industry veteran will be overseeing the Financial Accounting Standards Board and the Governmental Accounting Standards Board.
November 15 -
The Regional Leader received an undisclosed amount of funding from Broad Sky Partners.
November 15 -
The Supreme Court's Wayfair ruling led to a patchwork of state laws that Congress is in the best position to fix, according to a new report.
November 14 -
Tax experts are hypothesizing what will happen in Congress during the lame-duck session and over the next two years.
November 11 -
Joseph Owolabi, a Nigeria-born accountant who now resides in Australia, was named Friday as the association's global president for 2022/2023.
November 11 -
A former acting commissioner during the Obama administration is being nominated to fill Charles Rettig's spot.
November 10 -
The Internal Revenue Service had 4.4 million unprocessed individual returns received this year as of Oct. 28.
November 10 -
The relative absence of diverse and inclusive representation in many CPA firms presents an ongoing obstacle to success for young college students from minority backgrounds.
November 10 -
The Association of International Certified Professional Accountants rolled out an environmental, social and governance training program for accountants.
November 10 -
The Institute of Internal Auditors wants to make sure members are regularly enhancing their skills and keeping up to date.
November 9 -
Corporate emissions reduction reporting is full of inconsistencies, and the lack of comparability of target disclosures continues to create challenges.
November 9 -
Officials from the two boards discussed their work on upcoming auditing and accounting standards as they adjust to changing agendas and expectations.
November 8 -
The Carbon Disclosure Project plans to incorporate the International Sustainability Standards Board's upcoming climate-related disclosure standards in its platform.
November 8 -
As the United Nations convenes its COP27 climate change conference in Egypt, accountants are preparing for the advent of international sustainability standards.
November 7 -
The service will now enable 403(b) retirement plans to use the same retirement plan determination letter program currently employed by qualified retirement plans.
November 7 -
Average audit fees rose a slight 2.5% from $2,600,677 in 2020 to $2,666,659 in 2021, reflecting increased demands on auditors.
November 7 -
Private equity firms have been doing more investment deals in the accounting profession lately, causing some firms to restructure their practices, and they've needed advice from law firms on how to set up their attest practices in a way that doesn't run afoul of regulators.
November 4
