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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Under the agreement, inspectors will be able to see complete work papers without any redactions and select any issuer audits.
August 26 -
The Big Four firm is making progress on its diversity goals, welcoming the most diverse incoming class of partners, principals and managing directors in its 177-year history.
August 25 -
The deal will boost Baker Tilly's public sector practice, adding a group of former local government leaders and managers with decades of experience.
August 25 -
KPMG LLP plans to move its headquarters to Midtown Manhattan's West Side by the end of 2025, reducing its office space by over 40%.
August 24 -
The service is providing relief to most individual and business taxpayers who filed their 2019 or 2020 returns late due to the pandemic.
August 24 -
The Illinois CPA Society's annual summit highlighted the biggest concerns confronting the profession.
August 23 -
A disgruntled former IT audit manager at BDO USA in Atlanta was arrested by authorities after allegedly murdering her former supervisor.
August 23 -
Most accountants sooner or later need to have awkward conversations with clients about overdue bills or work that goes beyond the scope of their services, but putting off those conversations can mean they never collect those extra fees.
August 23 -
GT divested the practice to Guidehouse, a consultancy owned by Veritas Capital.
August 22 -
Mauldin & Jenkins adds KRT CPAs; and Sax LLP acquires David Weiss CPA.
August 22 -
The proposed update aims to improve the accounting and disclosures for investments in tax credit structures.
August 22 -
The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.
August 19 -
There were signs of improvement in terms of audit engagements and quality control systems.
August 19 -
The research and development tax credit for startup businesses is going from $250,000 to $500,000 per year.
August 18 -
A majority stake in the wealth management unit of the accounting firm is being bought by a registered investment advisory firm.
August 18 -
Commissioner Rettig is promising not to use the nearly $80 billion his agency will be receiving to increase audits of small businesses or taxpayers who earn less than $400,000.
August 17 -
The board sanctioned the Big Four firm's member firm in South Korea and two of its former auditors for violating quality standards.
August 17 -
The Alexandria, Virginia-based firm is expanding in Richmond with the deal.
August 16 -
The effective date of final regulations on foreign currency used by multinational companies' qualified business units is being postponed for another year.
August 16 -
The International Federation of Accountants unveiled a web page that presents reports, documents, case studies and other materials.
August 16
