A&A news

A&A

QuickBooks 2012: What’s New and Improved

If you or your clients use QuickBooks Pro, Premier, or Enterprise, you'll find that QuickBooks 2012's new features will help you gain new insights into financials, get more organized, and save time and steps.
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A&A

Clowning CPA Gives Back to Community

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.
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Technology

Three Irreverent Time Management Strategies for the Digital Era

Getting through your to-do list faster isn't what time management is about – at least not anymore. After all, this is the digital era! Rather than managing our existing time as if it was finite, we need to find ways to multiply it and make our lives better.
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A&A

Bank Controls Lacking, Regulation Insufficient

Significant losses by banks have demonstrated the need for improved risk management and internal controls to avoid past mistakes. To be successful, these changes require a stronger ethical culture, not more of the same regulatory actions that failed in the past.
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A&A

Updated Statement on Standards for CPE Programs To Be Released

Final recommendations for revisions to the Statement on Standards for CPE Programs – the framework for the development, presentation, measurement, and reporting of CPE programs – will be presented to the NASBA and AICPA joint CPE Standards Committee in January 2012.
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AccountingWEB Life

Cybercrime - No One Is Immune

Organizations and their managers need to take cybercrime seriously. According to PricewaterhouseCoopers' economic crime report, "Cybercrime: Protecting Against the Growing Threat," businesses face serious threats from cybercriminals, from both within and outside their organizations. The PwC report warns that cybercrime one of today's top four economic crimes.
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Tax

CBA Elects Michael Savoy Secretary/Treasurer

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.
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A&A

AICPA Awards $233,300 to Seventy-Eight Minority Accounting Students

The AICPA Scholarship for Minority Accounting Students program began in 1969, with the aim of increasing ethnic diversity in the CPA profession. Since the program's inception, the AICPA Foundation has awarded more than $14.6 million in scholarships to approximately 8,000 accounting students.
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A&A

New Jersey State Board Waives Requirement for CPA Exam

The New Jersey State Board of Accountancy is sorting out confusion over the CPA Uniform Exam requirements in the state.
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A&A

Keep All Your CPE Certificates of Completion – You Might Be Audited

When fulfilling their continuing professional education (CPE) requirements for license renewal, CPAs need to keep their certificates of completion, even if their particular state boards of accountancy don't require the CPAs to file the forms.
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A&A

AICPA Sends Message to the FAF Re: Private Companies

The AICPA's governing council approved a resolution that sends a strong message to the Financial Accounting Foundation (FAF) recommending move to adopt the Blue Ribbon Panel on Standard Setting for Private Companies' recommendations for a separate board.
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Practice Development

Resilience Planning is Step One for Migration to Cloud

There remains a lingering lack confidence in the resilience of many Cloud solutions. The CIO must look at moving the Cloud computing discussion past technology and economics and onto the major benefits such as business agility, time to market, and competitive positioning
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A&A

Is Your Accounting Firm 'Future-Ready'?

Speaking at the 2012 CCH User Conference in San Antonio, TX, Mike Sabbatis, CEO of CCH North America talked to the approximately 1,200 conference about the future-ready firm.
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A&A

CCH 2011 User Conference Focuses on Innovation

Innovative thought is the theme at CCH Connections, this year's annual CCH User Conference, and the Thomas Paine statement of "Lead, follow, or get out of the way," has never been more appropriate than it is today.
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A&A

Social Security COLAs for 2012: Take the Bad with the Good

The Social Security Administration (SSA) recently announced cost-of-living adjustments (COLAs) for 2012. There's both good news and bad news for your clients.
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A&A

Thomson Reuters User Conference Sets the Right Tone for Learning, Innovation

Over 800 members of the Thomson Reuters tax and accounting community gathered in San Diego last week to learn about the latest innovations in their software, experiment with new tools, and connect with peers, colleagues, and members of the Thomson Reuters staff.
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A&A

CFOs Expect to Increase Hiring for Accounting and Finance Employees in Fourth Quarter

Chief financial officers surveyed recently forecast an increase in hiring during the fourth quarter of 2011.
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A&A

Insurance Standard Proposals Are Fatally Flawed and Unworkable

Speaking at the AICPA/IFRS Foundation Conference on International Financial Reporting Standards in Boston recently, Jerry de St. Paer, executive chair, Group of North American Insurance Enterprises (GNAIE), said the current proposals and timelines advanced by the International Accounting Standards Board (IASB) contain fatal flaws.
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A&A

CFPB Works to Correct Technical Glitches

The new Consumer Financial Protection Bureau (CFBP) is experiencing some "technical problems" in its infancy.
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AccountingWEB Life

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.
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Pages

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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