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 longtime head of the Financial Accounting Foundation will step down after 11 years of running the organization that oversees FASB, GASB and the PCC.
April 26 -
In the first tax season under the Tax Cuts and Jobs Act, the average size of tax refunds was down 2 percent.
April 26 -
The tax and accounting software maker reported a 5 percent increase in TurboTax units sold this tax season compared to last year, thanks to a 7 percent increase in TurboTax Online sales.
April 26 -
The Institute of Management Accountants has issued a new report with best practices for developing an effective costing model.
April 25 -
The Financial Accounting Standards Board released an accounting standards update Thursday to clarify three of its recent standards for credit losses, hedging, and recognition and measurement of financial instruments.
April 25 -
More business travelers are using scooters to get around town, and the rentable scooter trend is starting to show up in corporate expense reports.
April 25 -
A rebound in the stock market in the first quarter of 2019 enabled the index to rebound to an all-new high.
April 25 -
Nearly three-quarters (74 percent) of corporate tax professionals are dedicating extra time and technology resources, including artificial intelligence and bots, to help their companies comply with the Tax Cuts and Jobs Act, according to a new survey by Ernst & Young.
April 24 -
The proposed regulations could unlock greater development in low-income communities and give investors a chance to reap tremendous profits.
April 23 -
The Internal Revenue Service is making progress on improving the taxpayer authentication processes for its online applications, but more needs to be done.
April 23 -
The American Institute of CPAs has introduced a U.S. International Tax Certificate Program that aims to give accounting and finance professionals added skills to navigate the vagaries of international tax compliance and planning.
April 22 -
The former Bank of America vice chairman has agreed to stay on through the rest of 2019 as the board of trustees searches for new leaders at FASB and GASB.
April 22 -
A TIGTA report examines the impact of the Tax Cuts and Jobs Act on the service, and how it was implemented.
April 22 -
The web-based tool employs machine learning technology to estimate an incremental borrowing rate curve for the leasing standard.
April 19 -
The Financial Accounting Foundation’s board of trustees has appointed Susan M. Cosper, technical director of the Financial Accounting Standards Board, as a member of the FASB board.
April 19 -
The United Kingdom’s Competition and Markets Authority has issued a long-awaited report calling for separation of audit from consulting services, mandatory “joint audits” and regulatory powers to increase the accountability of audit committees.
April 18 -
The Internal Revenue Service hopes to improve taxpayer service and cybersecurity by updating its IT infrastructure.
April 18 -
The proposed regulations offer further details about a provision of the Tax Cuts and Jobs Act aimed at spurring real estate investment in needy communities.
April 17 -
The size of clients’ tax refunds was up 1.4 percent this tax season, while their overall tax liability was down 24.9 percent.
April 17 -
Companies report fluctuations in revenue and expenses over time in a way that makes the earnings growth look steady across quarters.
April 17
