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 chief pointed to his own history as a tax attorney, while reminding tax pros that the IRS is watching from the compliance and enforcement side.
June 20 -
The standard-setter plans to offer accounting relief to companies that need to modify their contracts as banks move the global reference rates for loans and more.
June 20 -
Howitt led the group that has promoted integrated reporting for three years and promulgated the model worldwide.
June 20 -
A panel of experts discussed the future of the profession during the Institute of Management Accountants’ conference in San Diego.
June 19 -
The Financial Accounting Standards Board is considering giving privately held companies and not-for-profit organizations an extra two years to implement standards.
June 18 -
The Institute of Management Accountants inked a deal with the Conselho Regional de Contabilidade do Estado de São Paulo.
June 18 -
The Institute of Internal Auditors is asking for input on a proposed update to its widely used document.
June 18 -
The Governmental Accounting Standards Board released an implementation guide Monday with questions and answers explaining GASB’s recently issued standards on accounting and financial reporting for fiduciary activities.
June 18 -
The Securities and Exchange Commission charged the firm with changing some of its previous audit work and manipulating results of its internal training tests.
June 17 -
The Institute of Management Accountants is marking its centennial this week during its annual conference and expo in San Diego, California.
June 17 -
Non-profitsNFPs can fall prey to a cycle where overspending on services leads to a lack of investment in infrastructure and expanding capabilities.
June 14 -
The Senate passed the far-reaching package only days after it passed the House for the second time, sending it to President Trump’s desk for his signature.
June 13 -
The Governmental Accounting Standards Board has proposed some new guidance on the accounting and financial reporting for public-private and public-public partnership arrangements, along with availability payment arrangements.
June 13 -
The merger is part of a growing trend of large accounting firms merging in non-CPAs, particularly in technology.
June 13 -
Warmels & Comstock and Layton & Richardson in East Lansing have agreed to combine with the Top 100 Firm, effective July 1, 2019.
June 13 -
Luca Pacioli’s groundbreaking text on bookkeeping, accounting and mathematics sold for $1,215,000 at an auction Wednesday at Christie’s in New York.
June 12 -
A special early draft of the IRS publication on federal income tax withholding gives employers an advance look at the changes in the new Form W-4.
June 12 -
The accuracy of miscellaneous income statements submitted by federal entities on the Form 1099-MISC has significantly improved, but could be better.
June 12 -
Bloomberg Tax & Accounting has added support for the new lease accounting standard under International Financial Reporting Standards to its product, which already supports the ASC 842 standard under U.S. GAAP.
June 11 -
State sales taxes on business-to-business purchases accounted for 41.7 percent of state and local sales taxes, according to a new study by Ernst & Young.
June 11
