Tag Archive for: CPA

Bitcoin Powerhouse Will Pull the Plug on Bitcoin | Wall Street Journal

Circle Internet Financial says it will focus on mobile payments business By Telis Demos Updated Dec. 7, 2016 5:03 a.m. ET Circle Internet Financial, one of the most heavily-funded digital currency startups, will no longer offer the ability to buy and sell bitcoins. Photo: Getty Images The move, disclosed by the company Wednesday, is the […]

Accounting Today: Accountants Club of America Announced its 2016-2017 Officers and New Board Members

NEW YORK The Accountants Club of America announced its 2016-2017 officers and new board members: Robert S. Fligel will serve as president; Salvatore A. Collemi as first-vice president; William Epstein as second vice-president; Elliot L. Hendler as secretary; and Margery Gladston as treasurer. New board members include Jacques Boubli, Margery Gladston, Edward Mendlowitz and Sallie […]

Best Practices for Ensuring File Security at Your Firm | Accounting Today News

SEPTEMBER 8, 2016 BY SCOTT GORDON It’s no secret that professional services firms house troves of hack-worthy data. Accountants, lawyers, consultants, recruiters, media, creative, IT and other service providers routinely access and share sensitive information to meet client needs—making them prime targets for cybercriminals and the ideal potential victims for data mishandling.In June, insurance giant […]

Sal Collemi – The Decline in Global Audit Quality, Accounting Today

A consultant offers ugly truths and realistic remedies AUGUST 31, 2016 BY SALVATORE A. COLLEMI Ask any practicing CPA who cares about the profession, and they’ll tell you about the need for continuous improvements when it comes to a public accounting firm’s system of quality control policies and procedures.This need is at the very heart […]

Accounting Today: Edward Mendlowitz – Art of Accounting: Why MAP Programs Are Essential

AUGUST 22, 2016 BY EDWARD MENDLOWITZ I attend Management of Accounting Practice (MAP) CPE programs. In many instances these do not qualify toward the mandatory CPE requirements. Who cares?I go because I want to make more money, work more effectively, service clients better, excite and retain staff, and have more fun doing what I love […]

Boomer Consulting Maps Profession’s Future to 2020 and Beyond

KANSAS CITY, MO. (AUGUST 16, 2016) BY DANIEL HOOD The next five years will bring tremendous change to the accounting profession, according to the experts at Boomer Consulting — and the next 15 will leave it almost unrecognizable. As part of a wide-ranging panel discussion at the 2016 Boomer Technology Circles Summit, held here this […]

IRS Warns Tax Pros about New Phishing Scheme

WASHINGTON, D.C. (AUGUST 11, 2016) BY MICHAEL COHN The Internal Revenue Service is sounding the alarm about a new scheme in which scammers send emails purporting to come from tax software companies, instead fooling tax preparers into clicking on a link that will load malware on their computers. The email urges recipients to click on […]

5 Phrases Established Leaders Should Never Say Again – Journal of Accountancy

Try these alternative approaches to better communicate with your best young talent. By Jennifer Wilson August 1, 2016 Today’s up-and-coming leaders have many career options, and their phones, emails, and LinkedIn accounts are being “hit up” every day by recruiters and others who are interested in potentially employing them. That’s why established leaders committed to […]

Accounting Today: Treasury Proposes to End Strategy for Estate and Gift Taxes

WASHINGTON, D.C. (AUGUST 3, 2016) BY MICHAEL COHN The Treasury Department and the Internal Revenue Service have issued proposed regulations that would eliminate a tax-planning strategy for minimizing estate and gift taxes. The proposed regulations concern the valuation of interests in corporations and partnerships for estate, gift, and generation-skipping transfer tax purposes. They involve the […]