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 Internal Revenue Service has released a revenue procedure providing two safe harbors for corporate acquisitions.
By Michael CohnJuly 18 -
The Institute of Internal Auditors opened its international conference Monday in New York with a pair of reports on the internal audit function and audit committee oversight.
By Michael CohnJuly 18 -
The standard GAAP accounting measures are less and less useful to investors, according to a new book with the provocative title, The End of Accounting.
By Michael CohnJuly 15 -
Rep. Jim Renacci, R-Ohio, a CPA who joined Congress in 2011, has released a tax reform plan only weeks after House Republican leaders unveiled their own.
By Michael CohnJuly 15 -
The Indiana Board of Accountancy approved a change Friday in its rules for renewing a CPA license, allowing competency-based education, as opposed to hours-based education, to count toward the requirement.
By Michael CohnJuly 15 -
The Public Company Accounting Oversight Board released two documents Thursday describing what its staff is looking for this year when inspecting auditors of public companies and broker-dealers.
By Michael CohnJuly 14 -
A tax credit that helped prop up the housing market in the wake of the 2008 mortgage crisis could be set for a comeback.
By Michael CohnJuly 14 -
Investment bankers are concerned there may be big corrections on the way for tech unicorns, private companies valued at over $1 billion, according to a new survey by BDO USA.
By Michael CohnJuly 14 -
The Securities and Exchange Commission voted Wednesday to get rid of redundant and outmoded disclosures in response to recent changes in U.S. and international accounting standards and technology.
By Michael CohnJuly 13 -
The Big Four firms have sent a letter to Treasury Secretary Jacob Lew asking for withdrawal of proposed regulations on the tax treatment of corporate debt and equity.
By Michael CohnJuly 13 -
The American Institute of CPAs Auditing Standards Board has issued an exposure draft of a proposed standard for auditors who are involved with securities offerings that are exempt from registration with the Securities and Exchange Commission.
By Michael CohnJuly 13 -
The Institute of Management Accountants has released an exposure draft of a proposed Management Accounting Competency Framework in an effort to fill the skills gap for accountants who choose careers in private industry.
By Michael CohnJuly 13 -
Mazars, an international accounting, auditing and tax firm, has signed a deal to acquire Corality Financial Group, a financial modeling consultancy and training course provider with offices in Sydney, London and New York.
By Michael CohnJuly 13 -
A self-styled tax watchdog group has launched an effort to independently audit the Internal Revenue Service, with the help of taxpayers.
By Michael CohnJuly 13 -
The internal audit function needs to transition to operate across the entire risk governance framework at financial services firms, according to a new report from Ernst & Young.
By Michael CohnJuly 12 -
A left-leaning advocacy group has filed a complaint against Donald Trump with the Internal Revenue Service accusing the presumptive Republican presidential nominee of violating the law for using money from his tax-exempt charitable foundation to buy an autographed football helmet and jersey from NFL player Tim Tebow.
By Michael CohnJuly 12 -
Armanino LLP has started a Corporate Finance practice to advise business clients on mergers and acquisitions, along with sales of intellectual property and patents.
By Michael CohnJuly 12 -
The International Ethics Standards Board for Accountants is releasing a new standard this week that redefines the roles of auditors, CFOs and other accounting professionals when they witness or suspect illegal acts at their own organizations or within a clients organization.
By Michael CohnJuly 12 -
Charles Tilley, the longtime leader of the London-based Chartered Institute of Management Accountants, is stepping down following the recent approval of an international accounting association jointly run with the American Institute of CPAs.
By Michael CohnJuly 12 -
Small businesses are anticipating a more profitable year this year, according to a new survey.
By Michael CohnJuly 11