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 Public Company Accounting Oversight Board is planning to hold an open meeting next Thursday, June 1, to consider adopting a long-discussed set of changes to the auditor’s reporting model.
May 25 -
Top 100 firm Eide Bailly plans to add Roth & Co., a firm based in Des Moines, Iowa, effective June 26.
May 25 -
The Treasury Inspector General for Tax Administration has concerns about the Internal Revenue Service’s recently revived private debt collection program in light of the ongoing problem of scammers pretending to be IRS employees calling taxpayers to demand bogus tax debts be paid immediately.
May 24 -
The American Institute of CPAs’ Auditing Standards Board has released a new interpretation for practitioners performing attestations using more than one set of standards.
May 24 -
Postlethwaite & Netterville, a firm based in Baton Rouge, La., has selected one of its directors, Dan Gardiner, as its next CEO and managing director in May 2018, succeeding the current CEO, Bill Balhoff.
May 24 -
The Texas legislature has passed a bill granting an exemption to CPA firms allowing them to provide a limited amount of insurance services to clients without being subject to sales taxes.
May 24 -
The Trump administration’s budget blueprint for fiscal year 2018 would require a Social Security number for claiming either the Earned Income Tax Credit or the Child Tax Credit in an effort to deny the refundable tax credits to undocumented immigrants.
May 23 -
A private investigator in Baton Rouge, La., has been indicted for trying to use the Internal Revenue Service’s online data retrieval tool for student loan applications to access tax information from President Donald Trump.
May 23 -
The American Institute of CPAs observed a moment of silence at its Spring Meeting of Council in Washington, D.C., on Tuesday morning following the suicide bombing on Monday night at an Ariana Grande concert in Manchester, England.
May 23 -
The consulting arms of U.S. accounting firms grew by 10.2 percent to $21.5 billion in 2016, compared to growth of 7.1 percent to $58.7 billion in in the overall consulting market, according to a new report.
May 23 -
The American Institute of CPAs presented its budget and finances at its Spring Meeting of Council in Washington, D.C., on Monday as the organization undergoes a transformation into an international association with the Chartered Institute of Management Accountants.
May 22 -
KPMG LLP has begun construction on a $400 million, 55-acre facility for learning, development and technology innovation in Orlando, Florida.
May 22 -
American Institute of CPAs president and CEO Barry Melancon discussed the use of artificial intelligence, bots and other advanced technology, along with the future role of accountants, at the AICPA’s Spring Meeting of Council in Washington, D.C., on Monday.
May 22 -
The Internal Revenue Service is pilot testing a new program for conducting correspondence examinations of taxpayers using secure messaging technology that will also include their tax practitioners who have power of attorney.
May 19 -
The House Ways and Means Oversight Subcommittee held a hearing Friday featuring National Taxpayer Advocate Nina Olson to discuss how to improve operations at the Internal Revenue Service as Congress works on overhauling the tax code.
May 19 -
More than 100 enrolled agents from nearly 40 states met with lawmakers in Congress to discuss some of the main issues affecting taxpayers and practitioners in an annual event organized by the National Association of Enrolled Agents.
May 19 -
The House Ways and Means Committee held a hearing Thursday to examine how tax reform will grow the economy and create jobs, even as the turmoil surrounding the Trump administration threatened the prospects for the first comprehensive tax overhaul in more than three decades.
May 18 -
The long-awaited IFRS 17 will provide more consistent treatment for all types of insurance in different countries.
May 17 -
The Financial Accounting Foundation’s board of trustees has named Jeffrey Previdi, a current member of the Governmental Accounting Standards Board, as vice chairman of GASB.
May 17 -
Three Republican lawmakers who chair key congressional committees and subcommittees related to tax policy have sent a letter to Internal Revenue Service Commissioner John Koskinen asking about the IRS’s recent efforts to gain more information about users of Coinbase, the largest Bitcoin exchange in the U.S.
May 17
