02/03/2012 - 17:48 - 357 reads
Nearly 150 ethnically diverse students from 73 US campuses traveled to NYC to attend E&Y's sixth annual Discover Ernst & Young event. Accounting and business majors interacted with firm leaders and E&Y personnel, who were eager to present the challenges and exciting potential of an accounting career at E&Y.
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02/03/2012 - 10:51 - 327 reads
On January 31, 2012, the leader of the National Treasury Employees Union (NTEU) called on Congress to approve the S. 1034 – Commuter Benefits Equity Act of 2011, which would permanently establish parity between the parking and mass transit portions of the employee transportation benefit.
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02/02/2012 - 17:47 - 377 reads
Excel 2007 and 2010 users often overlook the useful Table feature, which can streamline data analysis. The feature is a major overhaul of the List feature that has been on the Data menu of earlier Excel versions. This article will introduce you to the Table feature and show you how it can help you work faster.
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02/02/2012 - 15:55 - 405 reads
Romney has been catching a lot of flak for the relatively small amount of tax he pays, despite the millions in assets that he owns. But the GOP front-runner for president is only doing what the filthy rich usually do: paying the least amount of income tax they are legally obligated to pay.
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02/02/2012 - 13:25 - 359 reads
Philadelphia accounting, tax, and business consulting firm, Citrin Cooperman, has been recognized by Philadelphia SmartCEO magazine as a 2012 Future 50 Award recipient. Led by the Philadelphia office managing partner Mark S. Carrow, Citrin Cooperman was honored at the magazine's awards ceremony in January.
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02/02/2012 - 12:07 - 307 reads
One of the most challenging areas of work life that most professionals face is asking for a raise. It just feels uncomfortable to most people on so many different levels. They are concerned that bringing up the topic puts a target on their back, and the whole conversation might lead to a dismissal.
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02/01/2012 - 13:30 - 1227 reads -
In a joint venture, the AICPA and the CIMA have launched a new global accounting designation – Chartered Global Management Accountant (CGMA) – that recognizes the unique skills of professional management accountants working in business.
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02/01/2012 - 13:08 - 500 reads
Microsoft announced that the next version of its flagship productivity suite has entered the "technical preview" phase of its development cycle. This program allows Microsoft customers to test and provide feedback on what's currently known as Office 15.
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02/01/2012 - 11:39 - 833 reads
New cost basis reporting rules now apply to Form 1099-B sent to investors and to the IRS. But other onerous reporting rules for businesses and landlords scheduled to take effect in 2012 have been repealed. If you're confused, you're not alone. Here's a brief recap on what is and isn't taking place this year.
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01/31/2012 - 16:00 - 233 reads
There's no denying that technology enhances workflow and improves efficiencies. But for some professionals, too much of a good thing is becoming a burdensome distraction. Most of us are just trying to do too much and not getting enough done.
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01/31/2012 - 13:15 - 1109 reads
Congress is beginning to mandate the use of XBRL to track spending and improve transparency in government reports. Bills that contain language calling for the implementation of data standards, such as XBRL, have not yet passed into law, but the requirement could become part of the final payroll tax cut bill.
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01/31/2012 - 10:34 - 14454 reads
Accounting grads in 2011, earned starting salaries that exceeded those in nearly every other field except engineering and computer science. Overall, the average salary was $41,701, but accounting majors earned an average of $50,500, which is up 3.7 percent from 2010, according to the 2012 NACE survey.
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01/30/2012 - 18:20 - 429 reads
Is the economy getting better or worse? It depends on who you ask. Two recent polls show that Americans are beginning to feel a bit better about the economy, but CEOs are feeling gloomy. For the first time in almost a year, more Americans say the economy is getting better than those who say it’s getting worse.
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01/30/2012 - 17:23 - 541 reads
On January 23, the remaining contenders for the GOP presidential nomination hit the ground running in Tampa. Romney and Gingrich dominated the debate and traded barbs over character and electability. But, despite the fireworks, core issues – tax reform, deregulation, and economic growth – were discussed.
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01/30/2012 - 16:22 - 503 reads
Concerns about cheating in school are nothing new, but they usually don't include teachers. The widespread scandals of teachers cheating on standardized tests provide the wrong ethical guidance to those who will later staff and lead business organizations.
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01/30/2012 - 15:34 - 790 reads
Sometimes when I pass a small local business, I'll see a sign on the door that reads something like, "Gone for Lunch, Be Back at 1" or "On Vacation, Will Return Monday." It must be nice to dictate your own schedule and not be tied to your office working around the clock.
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01/30/2012 - 15:22 - 491 reads
Speaking at a seminar in Moscow on IFRS, Hans Hoogervorst, Chairman of the IASB, said that he expected the IASB and the FASB to make progress on their remaining convergence projects in the coming year. Hoogervorst also predicted that the SEC would eventually approve IFRS for US companies.
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Gail Perry, CPA
Maximising the Impact of Accounting & Financial Spreadsheets
The latest news from our British counterpart, 