News

Key Accounting and Reporting Issues for Nonprofits No. 3: Expense Accounting

This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.
Education & Careers

Key Accounting and Reporting Issues for Nonprofits No. 2: Revenue Accounting

This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Education & Careers

Bramwell’s Lunch Beat: Accounting Jobs Cut by 25,000 in January?!

Here are “Bramwell’s Lunch Beat” menu items for February 7.
Technology

High Impact Excel: Answers to Three Pivot Table Questions

David Ringstrom shares three of the best Excel-related questions he received during a question-and-answer session after a recent AccountingWEB webinar he conducted, "High Impact Excel: Pivot Table Edition."
Tax

IRS Releases Version 4.0 of Mobile App

It might take slightly longer for taxpayers to get their tax refunds from the IRS this year, but at least they can do a better job of tracking the progress on their smartphones.
A&A

Bramwell’s Lunch Beat: PCAOB's Push for Auditor Rotation Fizzles Out

Here are “Bramwell’s Lunch Beat” menu items for February 6.
Practice

Sqrl Is a ‘Digital Hunter-Gatherer’ for Accounting Firms

The web-based application, launched last week by the founders of the Ohio-based online accounting firm Upsourced Accounting, efficiently collects and manages information for professional service organizations.
Practice

21 Work-life Balance Reminders for Tax Season

Tax season is upon us and the challenges of maintaining work-life balance become acute. With that in mind, here are twenty-one ways that professionals with work-life balance are different from others.
A&A

Bramwell’s Lunch Beat: Chinese Firms’ Plan B

Here are “Bramwell’s Lunch Beat” menu items for February 5.
Education & Careers

Key Accounting and Reporting Issues for Nonprofits No. 1: Overview and Statement of Financial Position

This material focuses on non-profit organizations organization, accounting and reporting.
Tax

Report: IRS Criminal Prosecutions Up 23.4% under Obama

A new report from Syracuse University found that the number of referrals for criminal prosecution by the IRS has risen by nearly a quarter under the Obama administration compared to George W. Bush’s years in the White House.
Tax

Tax Refunds Could Be Grounded By Debt Ceiling Stand-Off

Is there a danger that the IRS won’t make good on its promise to send speedy federal income tax refunds to taxpayers? That’s a distinct possibility, according to Treasury Secretary Jack Lew and the Democrats on the House Ways & Means Committee.
A&A

Auditing Special Purpose Frameworks - Part 7

The foundation for a cost-beneficial audit strategy is an auditor’s knowledge of the principles in a reporting entity’s applicable financial reporting framework, the framework selected and used in its financial reporting system.
Education & Careers

Can the Philanthropic Ambitions of Baby Boomers Meet Those of Gen X and Y?

As professionals and executives become more senior, there’s often a desire or expectation that they will want to devote themselves to "good works" as a legacy.
Tax

Bramwell’s Lunch Beat: Orrin Hatch is Outraged Over IRS Employee Bonuses

Here are “Bramwell’s Lunch Beat” menu items for February 4.
Education & Careers

Overview of Performing Small Audit Engagements

This material is designed to provide a start-to-finish overview of how to plan and complete high-quality small audits efficiently.
Education & Careers

High Impact Excel: VLOOKUP Edition

In this session Excel expert David Ringstrom introduces beginners to the VLOOKUP function, and then go beyond the basics with a discussion of with the MATCH, CHOOSE, INDEX, SUMIF, SUMIFS, and SUMPRODUCT functions.
A&A

FASB Codification Can Now Be Viewed on Tablets

Subscribers can now access the Financial Accounting Standards Board (FASB) "Accounting Standards Codification" on iOS and Android-based devices.
Tax

Tips on How You Can Stand Out From Other Tax Professionals

Eva Rosenberg explains a few things you can do to make sure your clients don't go anywhere else for professional tax help.
A&A

Comment Period for Engagement Partner ID Proposal Extended

Businesses, organizations, and individuals now have until March 17 to provide comments to the Public Company Accounting Oversight Board on its reproposed standard that would require public accounting firms to disclose the name of the engagement partner, as well as information about certain other audit participants, in the auditor’s report.

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