by Jason Bramwell on 09/02/14
The AICPA is asking the accounting profession for its feedback on potential changes to the exam that are being considered as part of a practice analysis. The comment period began on Tuesday and runs through December 2.
by Larry Perry CPA on 09/02/14
As RMM increases, more and better evidence is needed to evaluate financial statement assertions. Possible effects of high and low risk are outlined in this article.
by Jason Bramwell on 09/02/14
The menu for September 2 features specials on Treasury secretary to speak on tax reform and inversions next week, public pension funds stay quiet on inversions, some Swiss banks pull out of US tax program, and more.
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by Julian Block on Sep 02, 2014
As part of end-of-year financial planning, the self-employed should review perfectly legal tax-trimming tactics that must be taken by December 31 if they aren't to be lost forever.
by Jason Bramwell on Aug 29, 2014
Interested individuals have until October 31 to provide comments to the FASB about the taxonomy, which is a list of computer-readable financial reporting labels coded in XBRL.
by Jason Bramwell on Aug 29, 2014
The menu for August 29 features specials on EY audit deficiency rate was 49% in 2013, hedge funds look for clues on Treasury’s inversion crackdown, SEC issues whistleblower award, and more.
by Sally Glick on Aug 29, 2014
Never overlook the importance of promoting your role as a trusted business advisor for your own clients. With a well-earned reputation as a trusted advisor, you are more competitive in your niche.
by Ken Berry on Aug 28, 2014
You generally get a good deduction but be careful, especially when travel outside of North America is involved. The IRS has some strict rules and a "reasonableness test."
by Jason Bramwell on Aug 28, 2014
The menu for August 28 features specials on MF Global lawsuit against PwC will go to trial, CAQ releases new judgment tool for auditors, KPMG faces criticism for Espírito Santo audit work, and more.
by Deanna White on Aug 28, 2014
The work-life balance myth may be hopelessly flawed, but its most insidious deception is its implication that work and family are separate lives. There are other approaches.
by Julian Block on Aug 27, 2014
Accountants often have to deal with the results of any investment advice clients obtained during the year, so it's a good idea for them to become adept at the deceptively tricky cap gains rules.
by Jason Bramwell on Aug 27, 2014
The menu for August 27 features specials on seven US companies whose effective tax rates are shrinking, CFOs running the numbers on inversion, GOP Senate candidate calls for gas tax reduction, and more.
by Larry Perry CPA on Aug 27, 2014
Determining inventory quantities and values is an important management responsibility for the FRF for SMEs. There is, however, a difference from U.S. GAAP in some situations.
by Jason Bramwell on Aug 26, 2014
The report, released on Tuesday by UNITE HERE International Union, found that the US airline industry received tax breaks on more than 12 billion gallons of jet fuel in 2013 through obscure tax codes in 37 states.
by Bryce Sanders on Aug 26, 2014
Accountants without a succession plan are hurting not only themselves but their clients as well. Here are seven ways to see your practice continues after you retire—some of them are better than others.
by Jason Bramwell on Aug 26, 2014
A former partner and vice chairman with Deloitte LLP, Schnurr, who recently retired from the firm, will head the SEC's Office of the Chief Accountant. He begins his new post in October.

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