A&A news October 2011 | AccountingWEB

A&A news October 2011

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THRIVEal+CPA Network – Like-Minded Professionals Looking for a New Way To Do Business

It didn't take long for Patti Scharf, CPA, to see a trend developing among her small business clients: She was handing out monthly financial statements, but her clients didn't seem all that interested in the information she was providing.

Partisan Divide Over Consumer Protection Agency

Taxes aren't the only contentious issue in our nation's capital. The ultimate fate of the Consumer Financial Protection Bureau (CFPB) remains in doubt due to a political deadlock.
Election 2012

Video News Update for the Week of October 24, 2011

AccountingWEB's Weekly News Update for the week of October 24, 2011 is available in video format!

Occupy Wall Street Accountant and Tattoo Artist Is Learning About Nonprofits on the Job

TheBrooklynInk.com recently reported on the management of finances for Occupy Wall Street (OWS) and spoke with Peter Dutro, 36, who is a member of the finance committee. Dutro is a business technology management undergraduate at the Polytechnic Institute of New York University and works part-time as a tattoo artist.

THRIVEal +CPA Network to Present Firm of the Future Symposium

In conjunction with its first anniversary celebration, the innovative THRIVEal +CPA Network group will host the Firm of the Future Symposium, presented by experts Ron Baker and Ed Kless.

Rapid Corporate Adoption Curve Proclaims "Cloud Is Now"

The vast majority of senior executives said their organizations have already moved at least some business activities to the cloud and expect their 2012 investment to skyrocket.

Moving To the Cloud: What, When, and How?

Recently the conversation in the enterprise IT department has shifted for many from "should we be moving to the Cloud?" to "what, when and how are we moving to the Cloud" as many of the key benefits of the Cloud model - reduced costs and management overhead, flexibility and scalability and accessibility - become increasingly well understood and accepted.

PCAOB Proposal Would Bring Greater Transparency to Public Company Audits

On October 11, 2011, the Public Company Accounting Oversight Board (PCAOB) voted to issue for public comment proposed amendments to its standards that would bring greater transparency to public company audits.

FAF Rejects Independent Standard Setting Board for Private Companies

A new council with the authority to identify, propose, and vote on specific improvements to U.S. accounting standards for private companies has been proposed by the Board of Trustees of the Financial Accounting Foundation (FAF).
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