International Women’s Day: Celebrating the Progress of Women Leaders in the Workplace

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 […]

Not Just Crunching Numbers | NJBIZ

CPA firms are adding to their fields of expertise in order to take advantage of new opportunities By Brett Johnson, February 27, 2017 at 3:00 AM   Ralph Thomas, CEO and executive director, New Jersey Society of CPAs – (PHOTOS BY AARON HOUSTON) New Jersey Society of CPAs CEO Ralph Thomas has seen accounting firms […]

New Staffing Strategies for the Next-Generation Accounting Firm | CPA Trendlines

Attract and retain talent by understanding this paradigm shift. By Hitendra Patil Accountaneur  Topmost thought leader Ronald J. Baker said, “The World Bank reports that 80 percent of the developed world’s wealth resides in human capital, illustrating that we’ve been in a knowledge economy since the 1950s. Yet most accounting firms are utilizing a business […]

NJ CPA Magazine – Salvatore Collemi – Nine Strategies To Increase Audit Quality

In today’s challenging economic environment, external auditors — from sole proprietors to the largest international CPA firms — are under a microscope to ensure they are achieving high-quality auditing of financial reporting. CPA firms have recently been in the crossfire of negative results reported by standard setters and regulatory agencies. So how can you ensure […]

AICPA Changes Going Concern Audit Standard | Accounting Today

By Michael Cohn Published February 22 2017 The American Institute of CPAs’ Auditing Standards Board has revised its standard for going concern opinions. The new standard, Statement on Auditing Standards No. 132, The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern (AICPA, Professional Standards, AU-C sec. 570), supersedes SAS No. 126 […]

Art of Accounting: Becoming an Expert Generalist

By Edward Mendlowitz Published January 23 2017, 2:16pm EST   This is a follow-up to my previous column, where I suggested larger firms have a specialization as a generalist. This will illustrate some ways of accomplishing that. A generalist has to be knowledgeable in most areas, but possibly expert in none. A generalist should be […]

Accounting Today: AICPA CEO Melancon Anticipates Major Tax Reform

By Michael Cohn January 24 2017 American Institute of CPAs president and CEO Barry Melancon is expecting Washington to pass major tax reform legislation during the Trump administration, and some Democrats may even cross the aisle to help Republican lawmakers enact it. Speaking Tuesday in New York at a meeting of the Accountants Club of […]

Joanne Barry: Five Ways CPAs Can Build a Stronger Democracy | Accounting Today

By Joanne Barry January 23 2017 Donald Trump being sworn in on the steps of the Capitol Building. Bloomberg News Some people love him. Some people hate him. Regardless of what anyone feels about him, New York City real estate mogul and TV reality show star of The Apprentice Donald J. Trump has been sworn […]