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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Two decades after passage of the Sarbanes-Oxley Act, public companies are spending more time and money trying to comply with SOX requirements, despite the increasing use of technology to automate the process.
June 10 -
BPM LLP, a Top 50 Firm based in San Francisco, is extending its footprint in the North Bay area by adding Elliott CPA Group, headquartered in Santa Rosa, effective July 1.
June 9 -
The commission charged the Top 20 Firm and three of its partners Wednesday, and the firm agreed to pay a $1.9 million penalty to investors.
June 8 -
Aprio, a Top 50 Firm based in Atlanta, has watched its revenues increase from mergers and organic growth since rebranding over five years ago and plans further M&A activity ahead.
June 8 -
The stars of a long-running cable TV series were also found guilty of conspiring to defraud community banks out of more than $30 million in fraudulent loans.
June 8 -
The average number of leases held by companies has returned to or exceeded pre-pandemic levels, according to a new report, even as they adjust to new rules that put leases on the balance sheet.
June 7 -
The Internal Revenue Service is providing guidance on how employers and employees can help Ukraine while also qualifying for tax relief on the donation program.
June 7 -
The Securities and Exchange Commission is requiring some financial forms that currently are allowed to be filed or submitted in paper format to be filed or submitted electronically.
June 7 -
The service’s Employee Plans function is pilot-testing a new pre-examination program starting this month as a way to shorten the time needed for exams.
June 3 -
The board plans to hold a meeting next Wednesday with its reconstituted Investor Advisory Group, the first meeting in nearly four years with one of its biggest stakeholders.
June 3 -
The economy added 390,000 jobs in May, the U.S. Bureau of Labor Statistics reported Friday, including 16,000 jobs in accounting and bookkeeping services.
June 3 -
The board's future projects include digital assets, intangibles, government grants, and accounting for financial instruments with ESG-linked features.
June 2 -
The Sustainability Accounting Standards Board released a set of recommended changes to three of its remaining active projects as its parent organization prepares to be merged into the International Sustainability Standards Board at the end of this month.
June 2 -
The private sector added a modest total of 128,000 jobs in May, according to payroll giant ADP, but that was after losing 91,000 jobs at small businesses.
June 2 -
The plunging value of many cryptocurrencies and nonfungible tokens has led to worries about the tax implications faced by crypto investors and companies.
June 1 -
The service posted the new deputy chief taxpayer experience officer position on a federal jobs site, and announced plans to hire thousands of contact reps this summer.
June 1 -
Top 20 Firms BKD CPAs & Advisors and Dixon Hughes Goodman completed their previously announced megamerger, rebranding the combined firm as Forvis and launching Forvis Wealth Advisors.
June 1 -
The service is taking steps to increase its audit rates of higher-income taxpayers after coming under sharp criticism in Congress over its lagging audit numbers.
June 1 -
Marcum LLP, a Top 20 Firm based in New York, has added LTSP, a firm based in Newport Beach, California, expanding Marcum’s presence on the West Coast.
June 1 -
The board voted to add a project to its technical agenda on financial instruments with environmental, social and governance-linked features and regulatory credits.
May 31
