Practice Management news April 2011

Practice

Is this dress code professionalism overkill?

If you are thinking about branding or flexibility for your firm’s people, the 43-page new dress code from Swiss bank UBS AG should get your attention.
Practice Management

FASB issues proposed accounting standards update on testing goodwill for impairment

The FASB has issued an exposure draft of a proposed accounting standards update intended to simplify how an entity is required to test goodwill for impairment.
Tax

IRS gets serious about return preparer rules

The PTIN registration is the first step in a multi-year effort by the IRS to provide standards for and oversight of the tax preparation industry. Starting this fall, certain paid preparers will be required to pass a new competency test.
Practice Management

Could you be breaking the law by not archiving e-mails?

Think about it – almost all of your business communications and negotiations are performed via e-mail, making them important documents to keep for reference.