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 board will be considering a proposal at a meeting Wednesday to postpone the standard for another two years.
November 9 -
CPA Australia and CA ANZ have withdrawn from an upcoming conference in Singapore due to the involvement of officials from Myanmar.
November 9 -
Much of the data necessary for compliance is unavailable, according to a new report.
November 8 -
The Securities and Exchange Commission has appointed longtime SEC official Erica Y. Williams as the new chair of the Public Company Accounting Oversight Board, and named three new members.
November 8 -
The bipartisan infrastructure bill that the House passed over the weekend and sent to President Biden’s desk includes some tax-related provisions, including an early expiration of the Employee Retention Tax Credit and new rules for reporting on cryptocurrency transactions.
November 8 -
Some countries are already taxing greenhouse gas emissions, but the U.S. is not likely to follow suit anytime soon.
November 5 -
The commission approved a rule to ensure the Public Company Accounting Oversight Board can inspect firms in other countries, especially China.
November 5 -
The robust jobs report showed the unemployment rate declining two-tenths of a point to 4.6%.
November 5 -
The Top 25 Firm is expanding in Georgia by adding a firm based in Atlanta.
November 5 -
The International Federation of Accountants debuted eIS, a new way to access global auditing, assurance, ethics and public sector accounting standards online.
November 4 -
The service lifted the limit from $19,500 as part of its annual inflation adjustments.
November 4 -
Most boardroom audit committees around the world don’t discuss climate on a regular basis or consider themselves particularly knowledgeable about the subject.
November 4 -
The deal will expand the firm’s presence in the Boston area and with clients in the life sciences sector.
November 4 -
Ernst & Young issued an audit quality report describing the steps that the Big Four firm is taking to increase auditing quality control.
November 3 -
Oak Street Funding, a First Financial Bank company that specializes in loans to CPAs, said it is doubling the lending limit for customers to support mergers and acquisitions, successions, technology investments and growth-focused initiatives at firms.
November 3 -
The Internal Revenue Service provided detailed reporting directions Wednesday for certain passthrough entities and taxpayers reporting partnership interests held in connection with the performance of services, often referred to as “carried interest.”
November 3 -
Citrin Cooperman, a Top 25 Firm based in New York, has added OLC Management Inc. a California-based business management firm in the entertainment industry.
November 3 -
The American Institute of CPAs and its technology arm, CPA.com, extended the .cpa web domain across the border to Canada, allowing CPAs and CPA firms in Canada to apply for .cpa web addresses to strengthen their brand.
November 3 -
The deals will help merchants automate cross-border transactions.
November 3 -
Private sector employment rebounded strongly in October, with employers adding 571,000 jobs despite persistent labor shortages amid the COVID-19 pandemic, according to payroll giant ADP.
November 3
