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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
Nicole Isaac March 6, 2017 Gender inequality in the workplace remains prominent, but there has been progress made in hiring women into leadership roles, according to LinkedIn data. On March 8th, LinkedIn will join the world in celebrating International Women’s Day. We are committed to creating a more gender-inclusive world, and believe that data […]
Accountants Club of America, Inc.