Accounting firms, like many businesses, are reopening their doors as the COVID-19 pandemic recedes thanks to wide availability of vaccines in the U.S., but they’re trying to avoid alienating staff. Firms have been welcoming back employees who have been working from home for over a year, but giving them options to keep working remotely, if […]
By Michael Cohn October 28, 2020, 5:02 p.m. EDT Institute of Management Accountants president and CEO Jeff Thomson told an online meeting Wednesday of the Accountants Club of America about how the profession can appeal more to young people by emphasizing technology know-how in areas like data analytics and data science. “This really is a race […]
Myrna L. Fischman, PhD, Presented with the Albert Nelson Marquis Lifetime Achievement Award by Marquis Who’s Who Dr. Fischman has been endorsed by Marquis Who’s Who as a leader in the fields of finance, law, accounting and taxation A licensed certified public accountant in the state of New York, Dr. Myrna L. Fischman is also […]
By: Chris Gaetano Published Date: Jul 9, 2020 Robert Fligel, a consultant specializing in CPA firms who spoke at a recent NYSSCPA CPE event, said that while the global pandemic has slowed merger-and-acquisition activity among CPA firms, it has by no means stopped, and there remain many opportunities for owners looking to sell or merge […]
PPP Payback Deadline May Have Unintended Consequences CPAs Should Revisit Advice Given to Clients April 2020 To supplement its Payroll Protection Program (PPP) Rules, the Small Business Administration (SBA) regularly issues PPP frequently asked questions (FAQ) in numerical order, easily found from the “red line” across the Treasury Department homepage. On April 23, the SBA […]
Art of Accounting: Deciding who to let go By Edward Mendlowitz April 20, 2020, 10:00 a.m. EDT In normal times, ideally no one should be let go unless they are just not good. In these times, being practical means some may need to go. How do you decide? Small firms are businesses, but many are […]
By Edward Mendlowitz February 24, 2020, 12:48 p.m. EST February is Black History Month and March is Women’s History Month. Here is some information about the first black CPA and the first woman CPA. John Cromwell Jr. became the first black CPA in 1921 in New Hampshire. He was a native of Washington, D.C., which had […]
By Edward Mendlowitz AICPA president and CEO Barry Melancon gave his annual update at the Accountants Club of America on Feb. 4. This was a can’t-miss program for me and likely for all of the other attendees at the sold-out breakfast. An excellent article by Michael Cohn appeared that day reporting on the presentation. However, my interest […]
By: Ruth Singleton Published Date: Feb 7, 2020 At the Accountants Club of America’s (ACA) “Annual Issues Breakfast,” Barry C. Melancon, the president and CEO of the American Institute of CPAs, discussed how the profession needs to evolve to match the pace of technology and warned of threats posed by some state governments to unwind the basic […]
American Institute of CPAs president and CEO Barry Melancon talked about the need for CPAs to learn new skills as hiring of accounting graduates has slowed and the CPA licensing model has come under threat in some states. “There’s a lot of action in the states,” Melancon noted during a speech Tuesday at a meeting […]
Accountants Club of America, Inc.