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 Financial Accounting Standards Board has released a proposed accounting standards update to reduce the cost and complexity of accounting for income taxes.
May 14 -
The Institute wants to postpone the effective date of its new leases standard for one year, citing an overload for financial statement preparers.
May 14 -
The Internal Revenue Service is searching for a new National Taxpayer Advocate, who will be succeeding longtime Taxpayer Advocate Service leader Nina Olson.
May 13 -
The Internal Revenue Service didn’t comply with congressional directives before closing offices last year, according to a new government report.
May 13 -
Robotic process automation is playing a larger role at companies, including in the accounting and finance area, but many executives feel more needs to be done, according to a new report.
May 13 -
The Top 100 Firm is building its presence in Virginia, effective June 1, 2019.
May 13 -
PKFOD is continuing to expand by adding a firm in Highland Park, New Jersey, that specializes in audit services for the public sector.
May 13 -
The Internal Revenue Service has issued final regulations upping user fees on enrolled agents and enrolled retirement plan agents.
May 10 -
The American Institute of CPAs has submitted a set of recommendations to the Internal Revenue Service about accounting method changes.
May 10 -
The Securities and Exchange Commission is proposing to limit the requirements under the Sarbanes-Oxley Act for audits of internal controls over financial reporting, making them apply to only the largest public companies.
May 9 -
The Internal Revenue Service needs to improve its oversight of third-party cybersecurity practices by tax preparers and tax software providers, according to a new government report.
May 9 -
The House Ways and Means Committee held a hearing Thursday to examine what's behind the estimated gap of approximately $460 billion between taxes owed and actually paid.
May 9 -
The Internal Revenue Service has issued a notice setting the inflation-adjusted maximum value of a vehicle provided by an employer to an employee for personal use.
May 8 -
The United Kingdom’s Financial Reporting Council has fined KPMG’s U.K. firm £5 million (discounted through a settlement to £4 million, or about $5.2 million) for its fiscal year 2009 audits of the Co-operative Bank.
May 8 -
Companies that shop around among auditing firms for clean opinions on their financial statements can compromise the objectivity of outside auditors, according to new research.
May 8 -
The American Institute of CPAs’ Auditing Standards Board has posted a group of standards for audit reports and auditing financial statements.
May 8 -
The Internal Revenue Service is launching an investigation of the Free File program amid complaints that tax software companies are making it difficult for qualified taxpayers to access free tax prep software, as Los Angeles and New York State also take action.
May 7 -
The Top 100 Firm is expanding to Orange County, California, by merging in a firm in Irvine, effective June 1.
May 7 -
The Top 100 Firm is adding a firm in Salt Lake City, effective June 1, 2019.
May 7 -
The Center for Audit Quality has introduced a new guide to assist audit committees at overseeing their companies efforts to comply with the new credit losses accounting standard.
May 7
