News from IMA Global & Community Relations Team Week ending 10/6

/in , /by

IMA CEO Jeff Thomson favors accountants over robots President and CEO Jeff Thomson unveiled a new campaign to emphasize the value of management accountants as more jobs fall prey to robots and automation. During a speech Monday at a meeting of the Accountants Club of America in New York, Jeff discussed how accountants can deal […]

Read more

Art of Accounting: One-partner businesses | Ed Mendlowitz

/in , , /by

By Edward Mendlowitz, Accounting Today October 9, 2017 The reality of being a partner in a firm, regardless of the size, is that you are running a “one-partner business.” That is so since it is your responsibility to manage the relationship with your clients, staff it, see that the deliverable reaches the client on time and […]

Read more

Why Financial Planning Makes Sense for CPAs, Stuart Kessler | The CPA Journal

/in , /by

By  Stuart Kessler, CPA, PFS September 2017 In contemplating the nuances of why financial planning makes sense for CPAs, I thought of the old story about the ship with the stubborn captain. While plying the waters off of Long Island, he noted what he thought was a ship on his radar. Upon being informed of […]

Read more

How to Review Tax Returns original By Edward Mendlowitz, CPA, ABV, PFS, and Andrew D. Mendlowitz

/in , /by

How to Review Tax Returns The No-Hassle Super-Simplified Seven-Step Tax Return Review System. With illustrative examples, step-by-step guidance, and practice-ready checklists. Reviewers are not born complete and ready to go, they must be developed. Part of the problem has been that there has been no information or training specifically for reviewers, until now. Learn how […]

Read more

Art of Accounting: Staff evaluations with and without time sheets | Edward Mendlowitz

/in , , /by

By Edward Mendlowitz Published September 04 2017, 4:24pm EDT I have seen firms that use time sheets provide staff evaluations based on total chargeable hours, the ratio of chargeable hours to total hours, realization based on their time charges and sometimes collections per hour they charged. This is then compared to other staff at similar […]

Read more

Chief Value Officer: Accountants Can Save The Planet | The CPA Journal

/in , , /by

By  Edward Mendlowitz, CPA/PFS, ABV News & Views, Featured, July 2017 Issue | August 2017 This short book addresses the very important topic of how to save the planet, and it presents the ways in which progress on that goal is compatible with businesses creating value for themselves. The book also highlights the importance of companies issuing […]

Read more

Vincent J. Love – The Authors Respond Response to Howard Levy

/in , /by

By  Vincent J. Love, CPA/CFF, CFE and Thomas R. Manisero, JD July 2017 Issue, Letters to the Editor | August 2017 We would like to thank Howard Levy for his complimentary and complementary letter on our article. We initially included most of the “plain paper” financial statement’s history in our article including quotes from the standards, […]

Read more

ACA at the Princeton Club on the Terrace

/in , /by

This was fun opportunity to spend time with each other and also introduce a guest to the Club.  

Read more

Is audit ready for blockchain? | Accounting Today

/in /by

By Jeanne Boillet Published July 26 2017, 11:51am EDT The audit profession is eyeing blockchain. With capital markets and investors constantly demanding more information about businesses, it’s no surprise that the audit profession is looking at blockchain with interest. It could fundamentally change the nature of auditing by revolutionizing supply chains, payments and revenue streams […]

Read more

Art of Accounting: First-time partner, part 2 | Accounting Today

/in , , /by

By Edward Mendlowitz Published July 24 2017, 1:11pm EDT You may or may not feel different the first day you wake up as a partner, but you will be different. People’s perceptions of you will have changed. You will now be a partner and as such an owner, a prestigious person within the profession and […]

Read more