A&A news November 2010

A&A

Ohio youngsters FETCH! for financial literacy

At a time when 77 percent of families in the United States are in debt, with 46.1 percent of those families holding credit card debt, the Ohio Society of CPAs is reaching out to educate youngsters about the value of a dollar.
A&A

Investment property a likely target for valuation change

The banking world is buzzing with the possibility that investor balance sheets are about to be vastly reshaped. American rule makers in the accounting industry are looking to change the way land and investments are valued.
Practice

New route to allowing unions through card checks?

When Barack Obama ran for president, his message was all about hope and change. But a recent decision by one regulatory agency makes it seem like it may all just be politics as usual in Washington. That decision, by a politically appointed board, seems to represent an end-run around Congress.
A&A

FASB Exposure Draft seeks input on Transfers and Servicing

The FASB issued an Exposure Draft last week to solicit input from stakeholders on its proposal to improve the accounting for repos and other agreements that entitle and obligate a transferor to repurchase or redeem financial assets before their maturity.
A&A

Employment, pay improves for small businesses in October

Small business employment growth and compensation picked up in October with a strong uptick in hours worked.
A&A

CFOs have mixed feelings regarding social media

More than half of chief financial officers said their greatest social media concern is that employees are wasting time during business hours using such sites as Facebook and Twitter.
A&A

Exclusive: CCH User Conference opens with Lou Holtz and a future focus

The sixth annual CCH User Conference has attracted its largest ever audience, with over 1,000 accountants braving some unseasonably cool weather in Orlando. Editor-in-Chief Gail Perry reports.
A&A

Jobjuice releases finance, investment banking app

Jobjuice recently has released the Jobjuice Finance and Investment Banking iPhone App, a MBA-level finance review and investment banking guide.
A&A

Nearly half of executives anticipate SEC decision on IFRS in 2011

Most executives responsible for corporate financial reporting said their firms will be ready, but likely will not move to IFRS until mandated, even if an "early adoption" option is allowed, according to an IFRS convergence survey.
A&A

Texas CPAs win mid-term election seats

Texas CPAs fared well in the recent mid-term elections, with six accountants winning seats from Texas House of Representatives to Railroad Commissioner to U.S. Congress.
A&A

Consumers expected to tighten belt with holiday spending budgets

While the National Retail Federation is predicting a modest 2.3 percent increase in holiday retail sales this year, some consumers are not planning to open their wallets too far – or at all.
Practice

Economic confidence rises in Q3; CFOs plan to hire

Chief financial officers are slowly but surely easing from the recession, and are finding new opportunities to hire, despite unemployment levels remaining historically high.
Education & Careers

Women in accounting feel dissatisfied with career, not equally compensated

Forty-seven percent of women in accounting and finance are satisfied with their careers and only 19 percent believe they are equally compensated for their work as compared with their male counterparts.
A&A

Learn to spot occupational fraud, resolve gaps

How much fraud is occurring in your organization? None, you say? Hold on before you commit to that answer! You might just be surprised at the amount – and the fact that it is probably going on without your knowledge or suspicion.
Practice Development

How to strengthen the CPA/attorney relationship

There’s nothing better than a warm referral – and most CPAs are always on the hunt for new sources. One great potential lead source that is often overlooked is the attorney who practices in areas that are complementary to your expertise.
Practice Management

Survey: Finance executives would delegate administrative duties first

If financial executives could get one thing off their plates, it would be administrative tasks, according to a recent survey by Robert Half Management Resources.

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