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 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 -
The Securities and Exchange Commission has voted to propose a set of amendments to its rules governing the kind of information provided to investors.
May 6 -
A bipartisan group of lawmakers has introduced legislation to offer tax relief to children who have lost a parent serving in the military after recent reports that “Gold Star” families are facing unexpectedly heavy tax bills because of the implications of a provision in the Tax Cuts and Jobs Act.
May 6 -
The tax and consulting firm has added a firm that specializes in cost segregation studies.
May 6 -
The Governmental Accounting Standards Board has released guidance in the form of questions and answers to help state and local governments apply its standards.
May 6 -
The American Institute of CPAs released non-authoritative guidance to help nonprofit organizations deal with a recent accounting standard on collections.
May 6
