At the inaugural IC Opportunities event in Schaumburg, Illinois, this February, there was a vibrant, envelope-pushing discussion among young and young-thinking accountants about how to move the profession forward and adapt to the needs of an increasingly tech-savvy business world.
On March 21 and 22, 2012, the PCAOB hosted a public meeting to obtain further input on ways to enhance auditor independence, objectivity, and professional skepticism, including through mandatory rotation, or term limits, for audit firms.
The American Institute of CPAs (AICPA) has announced the winners of the 2010 Elijah Watt Sells Award. The award was presented to candidates who obtained the ten highest cumulative scores on all four sections of the computerized Uniform CPA Examination.
More than 90 percent of CFOs say they expect to maintain current levels of staff accounting positions for the second quarter of 2012. Here are the questions controllers should be asking themselves to make sure their staffing decisions are correct.
A San Diego-area CPA, heading to trial on an $11 million tax fraud scheme, has been arrested for allegedly plotting to hire an acquaintance to murder two people planning to testify for the prosecution.
Cindy Mayhak is just one of the many wellness-minded professionals who decided to break away from their desk without breaking away from the office by using a TrekDesk to shatter their sedentary lifestyle and the health risks associated with it.
A.T. LOCKE, a provider of accounting services, business analysis, and financial and strategic guidance to emerging and midsized organizations, has added Tom Moxie as an accounting analyst on the firm's growing team.
Bernhard von Thaden has rejoined KPMG LLP, a US audit, tax, and advisory firm, as a principal in the Economic and Valuation Services (EVS) practice. Ken Harvey returns as a partner in the International Corporate Services practice. Both will be based in the firm's Los Angeles office.
Lil' Kim, a famous rap artist who has been working to turn her life around, allegedly owes more than $1 million in state and federal taxes for the years 2002 to 2009. Celebrity news website TMZ reported that her 2009 debt of $86,347 was recently added to the total she already owed, bringing it to $1,026,862.
Small businesses created 50,000 new jobs in January but paid employees less and gave them fewer hours. The East Coast, especially New York, showed more weakness in employment than in other parts of the country. These are some of the results of Intuit's latest Small Business Employment Index.
Tax season is the ultimate deadline. Most CPAs agree that the unrelenting hours spent glued to their computers, slugging coffee, and downing microwave meals in the company break room take a toll on their physical and emotional balance sheet.
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.
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.
On January 17, the AICPA recognized Karen Goodfriend's long history of service when it named her the recipient of its 2011 Personal Financial Planning Distinguished Service Award. The award is given annually to an AICPA volunteer who significantly contributes to the advancement of personal financial planning.
Lindsay Lohan has found herself in compromising positions before, and now she’s landed in another one. A report has surfaced that the twenty-five-year-old actress, who rocketed to fame in the 2004 film Mean Girls, is on the hook for almost $100,000 in back taxes owed to the Internal Revenue Service (IRS).
Hayashi & Wayland Accounting & Consulting, LLP, announced the January 1, 2012, acquisition of Snyder Accountancy, a full-service public accounting firm headquartered in Monterey, California, with a satellite office in Salinas, California.
There's more on Edward Estrin's resume than his thirty-five-year career as a CPA and his tenure as president of the CalCPA. He's also a professional clown, who brings joy and laughter to sick children, senior citizens, and the men and women stationed at the Marine Corps Base Camp Pendleton.
Michael Savoy, CPA and the managing director of Santa Monica–based Gumbiner Savett Inc., has been elected the California Board of Accountancy's secretary/treasurer for 2012. In this position, he will help drive the organization forward and keep its finances in sound shape. Savoy has been a CPA for thirty-seven years.
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.