News

A&A

KPMG Fires L.A. Partner Over Alleged Insider-Trading Tips

The partner in charge of KPMG's audit practice in Los Angeles was fired immediately after the firm learned late last week of the partner's involvement in providing nonpublic client information to a third party and using the information in stock trades involving several companies.
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Education & Careers

Economic Outlook Still Murky as Job Market Remains Weak

The March US Department of Labor jobs report showed fewer jobs were added than in any month in almost a year, which adds to the uncertainties facing small businesses and accountants.
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Education & Careers

Mike Sabbatis Joins Doc.It's Board of Directors

On April 9, 2013, Doc.It, an industry-leading provider of a powerful and scalable full suite of document management products for accounting professionals, announced that Mike Sabbatis was elected to Doc.It's board of directors.
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Workplace Fitness

2013 Day 67: Inner Thigh Toner

Today's workplace fitness exercise focuses on toning the inner thigh muscles.
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Community News

Company Announcements: Week of April 8, 2013

Following is the latest roundup of community news for the week of April 8, 2013.
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Tax

Tax Protester Wesley Snipes Is Free at Last

Actor and tax protester Wesley Snipes is almost a free man again, at age fifty. He was released from prison April 2, transferred to the New York Community Corrections Office, and will remain on house arrest till July 19.
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Practice

New Client Auditions: How to Know if a Prospect Is Right for You

To ensure a new client audition is successful, you must know the profile of your existing client base. Knowing why your most successful clients are a positive fit for your business will help you weed out potential clients who would not be a good fit.
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Tax

New IRS Technology Will Track Online Activity

According to news reports filtering out of Washington, the IRS will begin employing new technology this year that can track a taxpayer's online activities ranging from Facebook and Twitter posts to credit card and PayPal transactions.
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Tax

Gone Fishing: IRS Closing Offices for Holidays

Now the sequester is getting really serious! The IRS may shut down its offices completely for a few days surrounding several upcoming holidays in order to accommodate the federal government's budgetary needs.
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Workplace Fitness

2013 Day 66: Side Bends

Today's workplace fitness exercise focuses on the abdominal muscles.
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Practice

Minimizing the Risk of Background Checks

Hiring is an expensive, time-consuming process – employers want to make sure they get it right the first time. For many employers, background checks represent a key tool in ensuring the people they hire are trustworthy and have the skills, experience, and education they claim to possess.
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Tax

Update: Stephen Baldwin's Tax Case Moves On

Just a few months ago in December, actor Stephen Baldwin was arrested on charges of failure to pay state income tax in New York relating to income from 2008, 2009, and 2010. The tax debt, with interest and penalties, came to around $350,000.
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Tax

IRS Seeks Applications for Information Reporting Program Advisory Committee

The IRS is requesting nominations for membership to the Information Reporting Program Advisory Committee (IRPAC), a federal advisory panel that advises the IRS on various tax administration issues.
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Tax

TIGTA Addresses IRS' Trouble Processing Foreign Currency Tax Payments

The IRS is often unable to process tax payments made in foreign currencies on a timely basis or at favorable exchange rates, according to a report from the Treasury Inspector General for Tax Administration (TIGTA).
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A&A

Financial Accounting Foundation Names David A. Vaudt Chairman of GASB

On April 4, 2013, Iowa Auditor of State David A. Vaudt was named as the next chairman of the Governmental Accounting Standards Board (GASB), effective July 1, 2013.
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Practice

Decosimo Acquires Solvability, a Government Contractor Accounting Firm

The Southeastern regional accounting firm Decosimo has acquired Solvability, a Huntsville, Alabama, firm that specializes in accounting and consulting work for government contractors.
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Education & Careers

Deloitte Becomes Member of IU Kelley School of Business' Institute for Business Analytics

Deloitte is expanding its relationship with Indiana University's (IU) Kelley School of Business to become the founding member of its Institute for Business Analytics (IBA) program.
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Practice

Opportunities in Bloom: Uncovering Midyear Client Opportunities

Spring is a time of optimism, so it's a great time for accounting firms to look for fresh opportunities to grow the business. Lauren Prosser offers five ways accounting firms can "fertilize" existing efforts in order to jump-start business and grow deeper, stronger roots with clients.
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Technology

Facebook Announces New 'Facebook Home' Software for Android

The new "Facebook Home" isn't a phone or operating system, and it's also more than just an app. Home is a completely new experience that lets you see the world through people, not apps.
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Technology

Report Summarizes Eight Emerging Trends with Potential to Significantly Impact Global Business

Deloitte recently released its inaugural "Business Trends 2013" report outlining eight trends expected to be crucial strategic drivers for global business.
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Pages

Voice of the Editor

What makes a company a great place to work? Experience, a ConnectEDU company, uses criteria that include benefits, career advancement opportunities, culture, and work/life balance to form its annual list of the Best Places to Work for Recent Grads. BDO USA and Ernst & Young both made the Top 25 list. Read what makes these firms stand out and find out what can be done at your firm to entice college grads.

Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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