The PCAOB issued a cautiously optimistic report on US auditors' performance, saying the Board found a reduced rate of "significant audit performance deficiencies" compared to its last review in 2007; however, the Board did note that problems persist.
Recommending a financial advisor to a client is one of the most important recommendations you can make. Customers will trust your recommendation; therefore, there is a potential your future with that customer could be impacted.
Excel 2013 has arrived, and for the most part, it's much like Excel 2007 and 2010, but with some spiffy new features, such as Recommended Charts and Pivot Tables, Flash Fill, Quick Analysis, Power View, and more.
According to a recent survey, finance and accounting professionals' confidence in their own job prospects rose late last year, with more than half reporting they're confident they can find a new job.
Most people today feel pressed for time in our society of information and communication overload. One of the most effective ways to alleviate the constant sense of time pressure is to "live in the moment."
The Institute of Management Accountants (IMA) has opened registration for its ninety-fourth Annual Conference and Exposition to be held June 22-26 in New Orleans, Louisiana.
Porte Brown LLC is one of the growing number of accounting firms investing in their employees' wellness. The firm is offering weekly chair massage therapy sessions for team members during the busy tax season.
Leadership matters. No one reading these two simple words would dispute their truth, but they may prompt questions: How much does it matter? What separates strong leadership from weak?
Ask your clients this one simple question and open the clients to a new perspective. In general, clients only see us providing the service that they currently receive. They know they want something more, but they don't know whether we provide it.
College students, eager to get a taste of the accounting profession, are once again turning out to assist low-income taxpayers file their tax returns through the IRS Volunteer Income Tax Assistance (VITA) program.
On February 25, the IRS issued Rev. Proc. 2013-21, which reflects inflation adjustments to the depreciation limits and lease rates for cars, trucks, and vans first placed in service in calendar year 2013.
Should employees be allowed to wear headphones while they work? This debate has surfaced at least once a month among accounting professionals for the past two or three years, typically during multigenerational discussions around the issue of productivity.
The United States has asked a federal court in Memphis, Tennessee, to permanently bar Ahmed Grant and Lillian Madyun from preparing federal income tax returns for others. The estimated harm to the government is over $2 million for the 2010 tax year alone, and may be as high as $5 million.
If the owners of the Upstate New York strip club Nite Moves have their way, the Supreme Court will be taking up that question. They are challenging a $124,921 tax bill levied by state tax authorities and affirmed by appeals court judges.
Private companies in the United States continued to grow sales and expand their net profit margins in the period ending in January 2013. Private company credit risk also appears to be improving, with the average private company's likelihood of default currently standing around 3 percent.
The AICPA framework for evaluating technology-related controls and other safeguards used by Cloud service providers has been endorsed by CSA, a not-for-profit organization that promotes best practices on security assurance within Cloud computing.
What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
This is the groundbreaking virtual conference that gives you the experience of attending a major national conference without having to travel or leave your office. We're gathering national-caliber speakers from the accounting profession to share their knowledge and insights with you. We promise each session will contain valuable takeaways you can implement in your practice immediately.