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 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 -
The board aims to modernize standards, enhance inspections, strengthen enforcement and improve organizational effectiveness.
August 16 -
Gary Gensler has been encouraging the PCAOB to update more of the standards to take into account the way firms are working today.
August 15 -
The provisions are likely to change the tax planning used by the largest companies and their accounting firms.
August 15 -
Republicans and Democrats have been sparring over whether the extra funding will be used to audit low-income and middle-class taxpayers.
August 12 -
Lesser known provisions may lead to a kind of tax on carbon dioxide and methane emissions for the first time in the U.S.
August 11
