Illinois news

Tax

Teaching How to Cheat

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.
Community News

Community Announcements: Week of January 16, 2012

Following is the latest roundup of accounting community news for the week of January 16, 2012.
Community News

Company Announcements: Week of November 28, 2011

Here's a roundup of accounting community news for the week of November 28, 2011.
Practice

More Than 2,700 CPAs Nationwide Participate in 2011 CPA Day of Service

Fourteen members of the Richmond office of Witt Mares were just a few of the more than 2,700 public accountants from CPA societies across the country to volunteer for the CPA Day of Service. CPA societies in Virginia, Indiana, and Illinois provided the impetus for firms and individuals nationwide to take part.
Tax

Sales Tax on Online Purchases Is On the Rise

This holiday season, online shoppers will find more states are looking to make sure gift givers also give their state its fair share – in terms of sales tax for online purchases.
Community News

Call to Service: State CPA Societies Spearhead Day of Volunteerism

CPA Societies in Illinois, Virginia and Indiana are providing the impetus for firms and individuals nationwide to take part in the CPA Day of Service Friday, September 23, 2011. Individual CPAs and firms can choose their own service opportunity for an organization of their choice, and state CPA societies are promoting the event.
Tax

Amazon, California reach agreement in sales tax battle

Lawmakers in California say they've reached a truce with Amazon in a contentious disagreement over whether the online bookseller should collect state sales tax.
A&A

The 2011 Women to Watch awards – recognizing outstanding women in the accounting profession

Outstanding women – those who have made significant contributions to the accounting profession and to the development of women – receive recognition through the Women to Watch program.
Community News

Showcasing the future: Illinois CPA Society hosts the Midwest Accounting & Finance Showcase

Where does a CPA or a small business practitioner go to learn about the latest technology trends? Mearly 2,100 business and finance professionals will descend on the Donald E. Stephens Convention Center in Rosemont, Illinois, August 23-24, for the Illinois CPA Society Midwest Accounting and Finance Showcase.
Community News

Company announcements: Week of August 8, 2011

Following is the latest roundup of accounting community news for the week of August 8, 2011.
Community News

Company announcements: Week of July 25, 2011

Following is the latest roundup of accounting community news for the week of July 25, 2011.
A&A

Public unions, the economy, and what's at stake for companies now

It's a story that's playing out across the country – cash-strapped governments are scrambling to balance their budgets while hamstrung by the contracts of current and retired public union workers.
Community News

Company announcements: Week of April 25, 2011

Following is the latest roundup of accounting community news for the week of April 25, 2011.
Community News

Company announcements: Week of March 28, 2011

Following is the latest roundup of accounting community news for the week of March 28, 2011.
Community News

Illinois CPA firms announce merger

Gene Barinholtz, formerly part of Schaumburg, IL-based Barinholtz & Horwitz, has merged his team and their practice with the certified public accounting firm of Kutchins, Robbins & Diamond, Ltd. (KRD), also of Schaumburg. The merger will create one of the top 35 CPA firms in the Chicago area.
A&A

Business opportunities make forensics, fraud examination credential worth investigating

Demand for forensic accounting services from businesses of all sizes has made qualifying for a second certification in forensics and fraud examination an attractive option for accountants.
Practice

Small business employment index indicates job growth in January

Small business employment continued to show encouraging growth in January, with hours worked showing a strong increase as wages grew slightly, according to a recent survey.
Tax

How an embezzler stole millions from a small company

New details have emerged on the methods used and the outcomes following the case of 47-year-old convicted embezzler Sujata “Sue” Sachdeva, who was the trusted 15-year veteran vice president of finance, secretary, and principal accounting officer of Koss Corporation.
Community News

UT-Austin sweeps annual professors survey; PwC takes top ranking of firms

Public Accounting Report, CCH's independent newsletter of the accounting profession, has published results of its annual survey of accounting professors. UT-Austin swept the college rankings, while PwC took first place in the firm rankings.
Education & Careers

College students compete in PwC xTREME Games

Business students from the University of Illinois last week won the national round of the PwC xACT division for the third consecutive year. The xACT and the xTAX divisions are part of PwC US's xTREME Games, now in its ninth year.

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Voice of the Editor

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.
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