By Ranica Arrowsmith Published January 12 2018, 11:05am EST The Accounting and Finance Show, New York, is under new management, and this year will feature six different tracks for attendees to follow. Accounting professionals will be able to attend sessions on technology, tax management, wealth management, practice management, and funding, bookkeeping and payroll. There will […]
By Maureen Schwartz Technology is being seen as a solution for time management, labor shortages, communication and collaboration — and accounting firms are no exception. Based on feedback from more than 85 member firms during BKR International’s Worldwide Meeting in London, here are the top 10 technologies that accounting firms plan to embrace or enhance in 2018. […]
By Edward Mendlowitz Published January 01 2018, 3:38pm EST All of the accountants I know and interact with are nice caring people and I like them. However there is one area where I believe they are being shortsighted and neglectful—when they have not made arrangements for the continuation and sale of their practice should they […]
By Michael Cohn Published December 20 2017, 4:56pm EST The tax reform legislation that Congress approved Wednesday has a number of complexities that could prove problematic for tax professionals and their clients. “In the international tax arena, the 100 percent exemption for foreign source portion of dividends received from a 10 percent owned foreign corporations […]
By Sidney Kess, JD, LLM, CPA and Walter Primoff, CPA/PFS, CGMA December 2017 In the wake of the Equifax computer breach—in which key personal information of 145 million Americans was stolen—it may be correct to assume that anyone with a credit history is affected. In the words of noted cybersecurity expert Brian Krebs, “Assume you’re compromised, and take […]
By Vincent J. Love and Thomas R. Mansero December 2017 Co-authored by ACA member Vincent J. Love, Alternative Dispute Resolution for Accounting and Related Services Disputes, appeared in the December 2017 issue of the CPA Journal. It addresses the pros and cons of using ADR and gives examples of how mediation and arbitration clauses can be […]
By Daniel Hood Published December 06 2017, 2:04pm EST The accounting profession will change beyond recognition over the next 10 years, according to American Institute of CPAs president and CEO Barry Melancon—except he really thinks it will come much more quickly than that. “I really mean five years, but people get scared when I say that,” […]
By Edward Mendlowitz, CPA/PFS, ABV December 2017 Many CPAs and most tax specialists perform personal financial planning (PFP) services; the AICPA estimates that more than 100,000 of its members perform some form of PFP for clients. The AICPA tried to unify and formalize PFP services with a credential—the Personal Finance Specialist (PFS)—but it doesn’t seem to […]
By Michael Cohn Published November 14 2017, 3:54pm EST The Securities and Exchange Commission is taking a close look at the trend toward blockchain technology, including the burgeoning investments in bitcoin and initial coin offerings. “In the near term, our interest in blockchain technology applications stems from the fact that the sponsors of this work […]
By Edward Mendlowitz Published November 13 2017, 11:45am EST Last week I conducted a breakfast meeting of the Withum Partners’ Network and I was asked a question that was not answered, so I’ll answer it in this column. Before I start, this meeting used a format I had never employed before. It was a “show […]
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