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 […]
The National Conference of CPA Practitioners announced that Karen Giunta and Sanford (Sandy) Zinman are the recipients of its 2019 Gold Awards. The lifetime achievement award recognizes CPAs with successful careers who are also “contributors, advocates, and selfless volunteers” to NCCPAP. Giunta has previously served as membership chair, treasurer, and president of the NCCPAP at […]
Michael Cohn, Editor In Chief, Accounting Today Accounting groups are reacting to the latest reports about the accelerated pace of climate change as global warming reaches record levels. Against the backdrop of the United Nations’ 25th annual Conference of the Parties, or COP25, in Madrid, the International Federation of Accountants published a Point of View on climate […]
By Edward Mendlowitz November 04, 2019, 12:12 p.m. EST Last Wednesday I spent the day in Manhattan and some things occurred that I would like to share here. My primary reason was to attend a lunch meeting of the Accountants Club of America with a speaker I thought would be interesting. I also arranged to […]
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