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News

Our Friday Wrap-Up: What You May Have Missed This Week

Auditing in the 21st century, guide to anxiety in the workplace, how to operate a business with no managers, and more.
Practice

Litigation Prompts Revamp of FHA Reverse Mortgage Policy

Regulator will no longer allow lenders to delay demanding payoffs of certain reverse mortgages by the surviving spouses of the deceased borrowers.
Practice

Editor’s Corner: Is Sage Innovating? And Other Tales

Quite a week for accountants, getting some brand-new offerings just for them from the vendor community, so we hope they’re all feeling the love.
A&A

Bramwell’s Lunch Beat: More Accounting Woes for Hertz

The menu features specials on father and son charged in insider trading case, House passes bill to make police death benefits tax-free, and more.
Practice

Sage Gears New Online Hub Toward Accounting Firms

In yet another accountant-centric move, Sage has launched Sage Impact, designed to house in one place all the cloud applications an accounting firm uses.
A&A

Clarified Auditing Standards: Materiality in Planning and Performing an Audit – Part 1

A look at the definitions of materiality, performance materiality, and tolerable misstatement under AU-C Section 320.
Practice

How to Successfully Navigate the Stages of Technology Company Funding

Companies need to demonstrate to investors, in a quantifiable way, how they will effectively capture market share.
A&A

AICPA Unveils 6-Point Plan to Improve Audit Quality

The action plan, released on May 14, focuses on private company financial statement audits, employee benefit plans, and US governmental entities.
A&A

Bramwell’s Lunch Beat: SEC Appoints Wesley Bricker as Deputy Chief Accountant

The menu features specials on Toshiba to restate profits after accounting errors, millennials and 401(k)s, and more.
Practice

Avalara Unveils SALT Program for Accountants

SALT-in-a-Box is a new Avalara program aimed at accountants and bookkeepers who want to help clients address state and local tax compliance issues.
Practice Management

Three Key Reasons Why There Is Still Value Pricing Hesitation

Longtime value pricing proponent Ron Baker discusses why there is still resistance to the practice among accountants.
A&A

NASBA: Private Company Standard-Setting Process is ‘Effective and Efficient’

But NASBA officials urged the FAF not to limit the Private Company Council’s role in that process.
Practice

Eight Lessons Accountants Can Learn from the TV Show ‘Mr. Selfridge’

The PBS Masterpiece Theatre program casts the company accountant, Arthur Crabb, as the hero. Here are his best traits.
Technology

Sage and Salesforce Ink Cloud Accounting, Payroll Deal

Sage Life, a new platform as a service, allows for accounting, payroll, finance data, and client connection in the cloud.
A&A

Bramwell’s Lunch Beat: SEC is About to Lose Another Commissioner

The menu features specials on overseas action fuels US tax fears, GOP backers oppose corporate tax deal, and more.
Practice

Making New Tax Year’s Resolutions – and Sticking to Them

Here are five resolutions for expanding your client relationships and providing more value in this New Tax Year.
A&A

AICPA to FAF: Full Steam Ahead on Private Company Accounting Matters

Comments sent as part of an assessment of the Private Company Council’s effectiveness in standard-setting process.
A&A

FASB Proposes Improvements in Two Areas of New Revenue Standard

Stakeholders have until June 30 to comment on the proposed rule changes to performance obligations and licensing.
A&A

New AICPA Not-for-Profit Section is Chock-Full of Resources for Practitioners

Practical tools to help simplify and streamline tasks include work-paper templates, checklists, and sample reports.
A&A

Bramwell’s Lunch Beat: The Divide Between Financial Advisors and Millennials

The menu features specials on SEC gets many audit independence queries, Chris Christie’s income tax plan, and more.

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