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 […]
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 […]
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 […]
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 […]
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 […]
By Daniel Hood February 13 2017 The number of changes facing the accounting profession will leave most practices radically altered in the near future, according to Barry Melancon, the president and CEO of the American Institute of CPAs. Speaking at a gathering of technology vendors hosted by CPA.com and the institute, Melancon told attendees, “We […]
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