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.
-
The Center for Audit Quality has created an online document to help auditors with the decision-making process so they can form auditing and accounting judgments with the appropriate professional skepticism.
By Michael CohnAugust 27 -
Thomson Reuters has begun offering a new Checkpoint Learning Tax Research Certificate Program for tax professionals.
By Michael CohnAugust 27 -
Large, privately held companies in the United States are outpacing their publicly traded counterparts in two key performance metrics, sales growth and profitability, according to an analysis of financial-statement information from 2010 to 2014 by the financial information company Sageworks.
By Michael CohnAugust 26 -
Small businesses with one to 10 employees saw a month-over-month increase in hiring of one-tenth of a percent this month, according to the payroll provider SurePayroll.
By Michael CohnAugust 26 -
The Internal Revenue Service recovered $576 million in erroneously issued tax refunds last year thanks to outside tips provided by financial institutions and other sources such as tax preparers, more than double the amount from three years ago.
By Michael CohnAugust 26 -
The Securities and Exchange Commission has named James Schnurr, a former vice chairman at Deloitte, as chief accountant.
By Michael CohnAugust 26 -
The Financial Accounting Standards Board has added five more projects to its agenda for simplifying accounting standards, including short-term projects related to debt and tax accounting.
By Michael CohnAugust 18 -
In case you havent heard, National Grandparents Day is just around the corner, on September 7.
By Michael CohnAugust 18 -
The Public Company Accounting Oversight Board has released a new report showing that auditors of brokers and dealers who were inspected last year continued to have a high number of problems with independence and audit deficiencies.
By Michael CohnAugust 18 -
The Internal Revenue Service has denied tax-exempt status to a group that claimed it was dedicated to protecting the human rights of defenseless victims of involuntary microwave and mind control attacks.
By Michael CohnAugust 18 -
The International Accounting Education Standards Board has issued a new plan to support the adoption and implementation of the recently revised International Education Standards for accountants.
By Michael CohnAugust 18 -
The International Ethics Standards Board for Accountants has proposed to strengthen the auditor independence standards in the ethics code to address long associations with audit and assurance clients.
By Michael CohnAugust 18 -
Deloite LLP has named Frank S. Friedman as the firm's new CEO, succeeding Joe Echevarria, who is retiring to focus on public service.
By Michael CohnAugust 17 -
The Internal Revenue Service has issued new rules for changing a method of accounting for retail inventory.
By Michael CohnAugust 15 -
The Internal Revenue Service has issued a new one-page publication with information about exemptions to the health coverage requirements of the Affordable Care Act.
By Michael CohnAugust 15 -
Governments that default on their sovereign debt could be falling victim to the absence of accrual accounting in most public sector entities, and the International Federation of Accountants wants to change that.
By Michael CohnAugust 15 -
The Internal Revenue Service and the Treasury Inspector General for Tax Administration said they are continuing to hear from taxpayers who have received unsolicited calls from individuals demanding payment while fraudulently claiming to be from the IRS.
By Michael CohnAugust 15 -
A number of Internal Revenue Service contractor employees who did not undergo the required background checks had access to taxpayer data, according to a new government report.
By Michael CohnAugust 14 -
The Securities and Exchange Commission has charged an accounting firm partner in Atlanta with insider trading in the stock of a clients restaurant company while tipping off other clients, and he agreed to pay over $124,000 to settle the charges.
By Michael CohnAugust 14 -
Many banks are unprepared for changes in accounting standards next year on how to calculate losses on their loans and leases, according to a new survey.
By Michael CohnAugust 14