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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As the pipeline dries up, 83% of senior leaders report a talent shortage this year, up from 70% in 2022, with 10% this year saying it's worsening.
August 6 -
The Albuquerque-based firm joined CliftonLarsonAllen, effective Aug. 1.
August 2 -
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A new survey from ACCA and the IMA reported a sharp decline in economic confidence among accountants and finance professionals in the U.S. and North America, although globally confidence seemed to be increasing.
July 31 -
Private sector employment grew by 122,000 jobs in July — a deceleration from the average job gains seen over the second quarter of the year.
July 31 -
The International Accounting Standards Board published a consultation document with eight proposed illustrative examples to show how companies could apply International Financial Reporting Standards when reporting the effects of climate-related and other types of uncertainties in their financial statements.
July 31 -
Two huge firms are coming together in a $2.3 billion cash-and-stock deal, making the combined firm what is projected to become the seventh largest accounting firm in the U.S. with approximately $2.8 billion in annual revenue.
July 31 -
Senate Majority Leader Chuck Schumer, D-New York, announced plans to bring up a vote on the Tax Relief for American Families and Workers Act later this week.
July 30 -
The hiring pace at small businesses dropped slightly in July, payroll processor Paychex reported Tuesday, but wage growth remained consistent.
July 30 -
The Keystone State will become the 15th to join the IRS's free tax program next filing season.
July 30 -
Policies that lower the foreign taxes of U.S.-based multinational corporations are unlikely to benefit domestic workers, according to a recent academic study.
July 29 -
The Internal Revenue Service isn't in full compliance with the federal government's guidance for removal of TikTok from devices, according to a new report.
July 26 -
The accountant shortage remains an acute challenge in the U.S. and other parts of the globe, but some countries may be experiencing a comeback.
July 26 -
The PCAOB issued its annual report on its audits of brokers and dealers and noted that it's seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023.
July 25 -
The Internal Revenue Service reported further progress on offering more online tools and expanded taxpayer service.
July 25 -
The Internal Revenue Service issued a notice with initial guidance on claiming a tax credit involving carbon sequestration.
July 24 -
The Garden State will be the next to join the program next filing season.
July 24 -
The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.
July 24 -
Accounting firms are helping clients navigate the tax incentives available under the Inflation Reduction Act.
July 19 -
The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.
July 18
