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 document includes new tools and resources on committee requirements, oversight responsibilities and strategies for promoting effectiveness.
October 14 -
Banking depositors perceive failures at financial institutions as failures on the part of auditors, reducing their assessment of the credibility of an auditing firm.
October 14 -
With inflation still running high, companies are looking for advice from the accountants about how to cope with rising costs.
October 14 -
The Internal Revenue Service is sending out letters this week to more than 9 million potentially eligible families who didn't previously claim economic impact payments or tax credits.
October 13 -
Benefits will be going up the most in 40 years as part of the annual cost of living adjustment in response to inflation.
October 13 -
The board has decided to require companies to measure cryptocurrency assets at fair value.
October 13 -
More companies are disclosing financial information related to climate change this year, but the disclosures are falling short of recommendations from regulators.
October 13 -
The Treasury Department and the Internal Revenue Service issued final regulations to eliminate a so-called "family glitch" in qualifying for premium tax credits.
October 12 -
The service posted drafts of the upcoming Schedule UTP form and instructions in an effort to improve the forms' usefulness.
October 12 -
The Organization for Economic Cooperation and Development introduced a framework this week for the automatic exchange of information between countries on crypto-assets, in response to a request from the G20 financial leaders.
October 12 -
The Public Company Accounting Oversight Board has again rejiggered its standard-setting and research agendas, adding three new projects.
October 12 -
Thomas has been leading the state society since 1999.
October 12 -
The Internal Revenue Service's streamlined application process for tax-exempt status could be allowing corrupt charities to claim exemptions before the IRS has enough information.
October 6 -
The Criminal Investigation unit in Mexico City helped locate 79 criminals in Mexico, Belize, El Salvador, Guatemala and Honduras in the past fiscal year.
October 6 -
The board is proposing to require companies to disclose more detailed information about the different segments of their business.
October 6 -
The 15% minimum tax in the legislation passed by Congress shouldn't be confused with the one that the Treasury has been encouraging countries to approve.
October 4 -
The board released an alert from its staff on ethics and independence considerations for accountants during the current conflict between Russia and Ukraine.
October 4 -
Hourly earnings growth at small businesses declined to its lowest level since over a year ago, while hiring also slowed, according to a report from Paychex.
October 4 -
The Internal Revenue Service is updating its login procedures for several of its online applications to improve their security.
October 3 -
Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.
October 3
