A&A news May 2011

A&A

Joe Woodard's QuickBooks conference attendees are "Scaling New Heights"

Reflecting a 30 percent increase in attendance over last year, Joe Woodard's Scaling New Heights conference attracted just over 500 attendees this week at the JW Marriott Resort and Spa in Las Vegas.
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A&A

Update from the Center for Audit Quality, AICPA Governing Council 2011

Kicking off the annual Spring AICPA Council meeting in Washington, D.C., Center for Audit Quality Executive Director Cindy Fornelli gave an update on Center for Audit Quality activities Sunday to a packed house, taking place just a block away from CAQ headquarters.
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A&A

National CFO survey finds optimism up, along with inflation worries

Grant Thornton LLP, in a survey of more than 300 CFOs and senior comptrollers, reported that 48 percent say the economy should improve over the next six months, but 66 percent of the respondents say they will raise prices.
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A&A

Condorsement and the future role of FASB

Looking ahead to the time when IASB and FASB have nearly completed their high priority convergence projects, Paul Beswick, deputy chief accountant at the SEC, introduced the concept of condorsement as a potential approach for global standard setting process.
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AccountingWEB Life

Lots of free goodies available during National Small Business Week

To help acknowledge National Small Busines Week, several companies and federal agencies have produce booklets, materials, and other tools that are helpful to small businesses.
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A&A

Accounting and finance professionals seem glum about the economy

Recent survey results show accounting and finance pros paint a depressing picture of the U.S. economy including 70 percent who lack confidence in the strength of the economy.
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A&A

Irritating co-worker habits that keep us up at night

What drives you up a wall? In a recent CFO survey conducted by Accountemps, 41 percent of respondents said sloppy work and lacking attention to detail is the most annoying co-worker trait. C'mon - is this the best you've got?
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Tax

CFOs speak out on economy, health care, wages, and benefits

In a national biannual survey of U.S. Chief Financial Officers and senior comptrollers conducted by Grant Thornton LLP, 54% of respondents say the best way to reduce the U.S. federal deficit is to reduce spending.
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A&A

Slippage in IFRS adoption timeline and hints of change add to uncertainty for U.S. companies

The FASB and the IASB late last month announced a delay for completion of the remaining priority convergence projects from June 2011 until late 2011.
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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.
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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.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
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