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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Internal audit departments are slowing down the adoption of next-generation technologies, such as artificial intelligence and machine learning, according to a new survey.
August 12 -
Among the pandemic-related issues covered are how to handle the Paycheck Protection Program and other stimulus efforts.
August 12 -
The firm is awaiting a ruling in a case involving a manufacturing company owner who sued the firm for fraud, negligence and other claims after the firm failed to advise him of a tax strategy.
August 11 -
Post-implementation reviews enable FASB to identify and deal with any areas for improvement stemming from either adoption or implementation of a standard.
August 11 -
PricewaterhouseCoopers has been building its managed tax services business since 2017, but now it sees an opportunity to help companies who are dealing with COVID-19.
August 10 -
A man from St. Simons Island, Georgia, has been indicted for threatening to use a pipe bomb on an Internal Revenue Service building in New York.
August 10 -
The Internal Revenue Service is giving extra time to companies that make and sell sport fishing and archery equipment to file and pay their excise taxes due to the novel coronavirus pandemic.
August 7 -
The economy showed signs of recovery despite the spread of the coronavirus across many parts of the country.
August 7 -
Tamera Riperda, the commissioner who runs the Internal Revenue Service’s Tax Exempt and Government Entities division, is retiring on Sept. 30 after 33 years at the IRS.
August 6 -
Bento for Business, a spend management system, is looking to assist small and midsize businesses with surviving through the COVID-19 pandemic.
August 6 -
The Securities and Exchange Commission named Lindsay McCord as chief accountant in the SEC’s Division of Corporation Finance.
August 5 -
Robotic process automation has been spreading across accounting and finance departments, according to an IMA report.
August 5 -
The American Institute of CPAs joined with more than 170 organizations in asking congressional leaders to allow businesses to write off expenses associated with loan forgiveness under the Paycheck Protection Program.
August 5 -
Job growth slowed in July as a result of the novel coronavirus pandemic.
August 5 -
The update promises to improve financial reporting associated with accounting for convertible instruments and contracts in an entity’s own equity.
August 5 -
The Committee of Sponsoring Organizations of the Treadway Commission has released a new paper offering its views on how blockchain technology can be used with an organization’s internal controls over financial reporting.
August 4 -
The emergence of new coronavirus hotspots, especially in the South and West, had a major impact, according to a new report from payroll giant Paychex.
August 4 -
The six largest credit card issuers have set aside billions of dollars worth of reserves in response to the novel coronavirus as well as the adoption of the Financial Accounting Standards Board’s new credit losses standard.
August 3 -
The Internal Revenue Service has named James Lee as its new chief of the Criminal Investigation unit, starting Oct. 1.
August 3 -
Several unemployed workers described the difficulties they are facing to senators as congressional leaders continue negotiations.
August 3
