Walt Frazier meets the accountants | Accounting Today

With the incredible support of our co sponsor, Ed Sirlin and Signature Bank the Accountants Club of America Walt Frazier Event was a huge success! By Michael Cohn Published June 21 2017, 5:12pm EDT Basketball legend Walt “Clyde” Frazier told a group of accountants about his experiences playing for the New York Knicks™ championship teams […]

Plain Paper Financial Statements

By Vincent J. Love and Thomas R. Manisero This article explores the history and current risks for CPAs who offer services relating to “plain paper” financials. The profession was “burnt” once in 1136 Tenants’ Corp. v. Max Rothenberg & Co.; will commercial interests lead to cases being brought against CPAs if they perform “preparation services […]

Accountants discuss bridging the generations | Accounting Today

By Michael Cohn Published May 09 2017 In today’s firms, older CPAs often find themselves explaining to younger staff how they used to rely on technologies like fax machines and calculators, while trying to get up to speed on newer cloud technology as they compete with the Big Four firms for new graduates. A multi-generational […]

10 ways to delegate at your firm after busy season | Accounting Today

By Michael Cohn Published May 03 2017 10 ways to delegate at your firm after busy season The difficulties accounting firms face in recruiting staff make it all the more crucial that they use the staff they have efficiently — and that means getting partners to delegate work. One reason that partners may not delegate […]

6 Things You Might Not Know About Management Accountants | Accounting Today

By – Jeff Thomson Published – May 05 2017 On May 6, we at the Institute of Management Accountants celebrate International Management Accounting Day to show appreciation for the accountants and financial professionals who do their part to enable ethically sound, value-driven organizations benefitting the public interest. Management accountants – or accountants who primarily work […]

Art of Accounting: I never file an extension if I can get the return done | Accounting Today

By Edward Mendlowitz Published: April 03 2017 When I started my practice I tried to extend as many clients as I could. I figured this would ease tax season and spread the work out throughout the year. I found out this is not workable—for me. Now, we do whatever we can to get a return […]

Need a CPA Expert? What CPA Did You Have in Mind?

By Vincent J. Love Do you want a CPA, or a CPA? That is, do you need a Certified Public Accountant (a governmentally licensed professional) or a Certified Professional Accountant? It may all depend on whether he or she is a member of the AICPA or the AICPA, or actually both organizations as an AICPA […]

Voices 6 social media don’ts for accounting practices

By Patti Newcomer March 22 2017 Social media has become nearly ubiquitous in our daily lives. An overwhelming majority of us have a personal social media account on at least one social network, such as Facebook, Twitter, Instagram or LinkedIn. It’s becoming more common that accountants are using social media to try and grow their […]

Amanda Wilkie – Smart Contracts: What Lies Ahead for Blockchain – March 30, 2017 Audio Webcast

Web Events Smart Contracts: What Lies Ahead for Blockchain Please click here to sign up for this event Speakers: Amanda Wilkie Audio Webcast Blockchain, once synonymous with Bitcoin, has drawn billions of dollars in investments the past few years. As a result, new and transformative uses of the technology are quickly emerging in our industry. […]

Voices Art of Accounting: Top 12 Tax Season Time Savers | Accounting Today

By Edward Mendlowitz Published March 06 2017 Here are some ways to save you and your tax practice some headaches this season. 1. I know you are busy getting corporate returns completed, but you should give priority to 1120S and 1065 returns where K-1s will be going to people that you do not prepare 1040s […]