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 American Institute of CPAs Accounting and Review Services Committee has issued three proposed Statements on Standards for Accounting and Review Services, or SSARS, related to prospective and pro forma financial information.
By Michael CohnDecember 14 -
Dent Baker merges with Moses Phillips to form Dent Moses; TGM Group merges in Anthony Walter Duncan; McCarthy, Rose & Mills merges in John F. White.
By Michael CohnDecember 14 -
Bloomberg BNA has released two new reports on the Financial Accounting Standards Boards and the International Accounting Standards Boards revenue recognition standard.
By Michael CohnDecember 14 -
Plaxico Burress, a former NFL wide receiver who played for the New York Giants, New York Jets and Pittsburgh Steelers, has pleaded guilty to tax evasion charges.
By Michael CohnDecember 11 -
Armanino LLP has expanded its presence in Southern California by merging in LaRue, Corrigan, McCormick & Teasdale.
By Michael CohnDecember 11 -
The Internal Revenue Service has issued a notice that provides guidance on the Supreme Courts decision in the Obergefell same-sex marriage case to retirement plans, along with health and welfare plans.
By Michael CohnDecember 11 -
Bergman, Schraier & Co., P.C. has agreed to merge into Brown Smith Wallace in Creve Coeur, Mo., effective Jan. 1, 2016.
By Michael CohnDecember 11 -
The Governmental Accounting Standards Board has issued new guidance on its pension accounting standards to help state and local governments that participate in some private or federally sponsored multiple-employer defined benefit pension plans, such as Taft-Hartley plans and plans with similar characteristics.
By Michael CohnDecember 11 -
Sen. Pat Roberts, R-Kan., has introduced a bill to block a proposed regulation from the Internal Revenue Service and the Treasury Department that would give nonprofits the option of asking donors for their Social Security numbers to substantiate donations of more than $250.
By Michael CohnDecember 11 -
The Public Company Accounting Oversight Board has scheduled a meeting for next Tuesday to vote on new rules that would require auditing firms to disclose the name of the engagement partner and other accounting firms that participated in an audit.
By Michael CohnDecember 11 -
The Internal Revenue Service has selected TaxSlayer as the new tax software provider for the IRSs Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs, starting with the 2017 tax filing season.
By Michael CohnDecember 10 -
Half the companies in a recent survey are still using some type of manual system to process their expense reports, according to a new survey.
By Michael CohnDecember 10 -
ADP is participating in an Internal Revenue Service pilot program to test verification codes on W-2 forms in an effort to reduce tax refund fraud.
By Michael CohnDecember 10 -
The Securities and Exchange Commission suspended five accountants and two audit firms Thursday from practicing or appearing before the SEC after they violated rules designed to preserve the integrity of the financial reporting system.
By Michael CohnDecember 10 -
Haskell & White acquires Castle & Co.; Goldstein Schechter Koch merges in Ribotsky, Levine & Starman, CPAs; and Blue & Co. adds Fleming, Brockschmidt & Durkin.
By Michael CohnDecember 10 -
BDO said Thursday that worldwide revenue for all BDO networks member firms (including members of BDO firm alliances) totaled $7.3 billion for the fiscal year ended Sept. 30, 2015, a 12.95 percent increase year over year, at constant exchange rates.
By Michael CohnDecember 10 -
Henry & Horne, LLP has acquired Anderson, Church & Co. PLLC in Arizona, effective December 1.
By Michael CohnDecember 9 -
The Public Company Accounting and Oversight Board is continuing to encounter resistance from Chinese authorities in its efforts to gain access to inspecting audit firms in China.
By Michael CohnDecember 9 -
Securities and Exchange Commission chair Mary Jo White said the SEC is considering a recommendation from SEC chief accountant James Schnurr that would allow for the supplemental use of International Financial Reporting Standards by U.S. companies in addition to their U.S. GAAP financials.
By Michael CohnDecember 9 -
Forty-eight percent of small and midsize businesses use one technology supplier for accepting payments, processing payroll, issuing invoices and doing their accounting, according to a new survey, while 34 percent use two or more suppliers for their financial technology.
By Michael CohnDecember 8