Practice Management news

Practice Management

Find Your Next Job the Modern Way

Accountants do everything electronically. So why are so many still searching for jobs the old-fashioned way? Hard-copy resumes have become the green ledger paper of the job search world.
Practice Management

How to Throw a Party—Accounting Style

Most people don't put "accountant" and "party animal" together. But according accounting association BKR International, accounting firms lead the way in creative, year-round morale-boosting events.
A&A

Reconciliation of Accounts Still Mostly Done by Hand: Report

Fifty-nine percent of US companies and 66 percent of Canadian businesses are still reconciling their general ledger accounts manually, according to a new report from Robert Half and the Financial Executives Research Foundation.
Practice Development

How to Start a Cloud Accounting Practice

Don't be intimidated by the jargon. You too can move to the cloud, creating a true modern accounting practice. Be more creative in the accounting services you offer.
Practice

How to Set Up Your Firm in the Correct Model

You probably have a model of how your firm should run. You probably think it's a profitable way of doing business. Unfortunately, you're wrong. But you can fix it.
Practice Management

How to Avoid Self-Directed IRA Nightmares

As your clients' accountant, you may find yourself in the position of dealing with the messy aftermath of bad IRA decisions. Here's how to avoid self-directed problems.
Practice

A Do-It-Yourself Peer Review for Tax Preparers

How do small tax prep firms handle peer review? If you're the sole professional, whom can you rely on to cast a second glance on your work? There are several solutions.
A&A

Bramwell’s Lunch Beat: A ‘Sensible Fix’ to Corporate Tax Rules

The menu for May 6 features specials on non-GAAP disclosures on the decline, recent internal control report deficiencies, cities and states to lose big if highway fund isn’t replenished, and more.
A&A

Bramwell’s Lunch Beat: Highway Fund’s Rocky Road Ahead

The menu for May 5 features specials on BofA shareholder meeting this week could be subdued, IRS challenging Caterpillar overseas parts deals, Swiss to US: treat our banks fairly in tax probe, and more.
Practice

Foreign Banks Given Transition Period for FATCA Compliance

New IRS guidance treats 2014 and 2015 as a transition period for foreign banks that have shown “good faith efforts” in their compliance of the US tax-evasion law, which goes into effect on July 1.
A&A

AICPA Issues 3 Audit Interpretations on Pension Standards

The interpretive guidance is intended to assist both plan and employer auditors who are auditing state and local government entities that have implemented recent GASB pension accounting standards.
Practice

What CFOs Need to Know About Gen X and Gen Y

Say goodbye to the baby boomers as they gradually ease into retirement. Say hello to Gen X and Gen Y, and realize your company will never be the same.
A&A

Bramwell’s Lunch Beat: A History Lesson on Double-Entry Accounting

The menu for April 28 features specials on NY Rep. Michael Grimm indicted on tax fraud charges, House contempt vote for Lois Lerner slated for May, US banks taking swaps business overseas, and more.
Practice

How to Make Everyone a Marketing Manager

Not everyone in your firm may seem to have the skills to be involved in marketing—but there's still a role for each staff member, from receptionist to partner.
A&A

Revenue Recognition Standard Now Slated for Late May

The FASB had hoped to issue a final standard on revenue recognition during the first quarter of 2014. However, the board confirmed today that the timetable for releasing the standard has been pushed back slightly.
A&A

Bramwell’s Lunch Beat: GAO Sheds Light on IRS Budget Woes

The menu for April 22 features specials on the IRS denying group’s tax-exempt status, what the airline industry and the IRS have in common (and it’s not good), if sales taxes will doom Amazon, and more.
Education & Careers

Management Accountants Get an Edge at Penn State

One college has started a program especially for management accountants: There are other jobs besides tax prep and auditing. Recruiters can now step up and take notice.
A&A

Survey: Accounting Jobs Can Take as Long as a Month to Fill

CFOs reported that vacant staff-level accounting or finance jobs take an average of four weeks to fill, while open management-level positions take five weeks on average to fill, according to a new Robert Half poll.
A&A

Bramwell’s Lunch Beat: Lease Accounting Talks Scheduled to Start Back Up Later This Week

The menu for April 21 features specials on PwC looking at corporate clawback policies, SIFMA wanting FATCA delay, property tax collections rising, and more.
Education & Careers

PwC Takes Top Spot in Vault Accounting 50 for 2015

For the second-straight year, the Big Four firm was named the No. 1 accounting employer in North America, according to Vault.com's latest rankings that were released on Tuesday.

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