
The time-tested formula of working longer and harder to increase profitability no longer applies. One new strategy centers on one simple concept: Don't double the hours employees are working - double the value they bring to the firm and its clients.

Where you went to school might catch an employer's attention, but will it guarantee a job offer?

The federal minimum wage will rise from $5.15 to $5.85 per hour on Tuesday, July 24, 2007, the first of three increases that will take place over the next two years.
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New Auditing Standards—Risk Assessment Guidance & Tools
All PPC audit guides, practice aids, and e-Practice Aids will be updated in 2007 to provide both compliance with the new standards and a practical approach for all sizes of audits. Conduct your engagements with confidence! For more information, call 800.323.8724, option 1 or visit ppc.thomson.com. |
House and Senate zero in on taxation of fund managers
PCAOB to consider proposing new rules
Charges dropped against former KPMG execs, appeal filed
Under pressure from various groups including the National
Treasury Employees Union and the National Taxpayer Advocate,
both the House Ways and Means Committee and the Senate
Appropriations Subcommittee on Financial Services and General
Government have voted to slash funds for the controversial IRS
debt collection program. In the past year, the IRS successfully
collected $20 million through its outsourced private debt
collection plan. Could they have collected more if they had
done the job in house? Think about it - is there any outside
collection agent who could be more intimidating than an IRS
agent? Concerns about privacy issues in using the outside
collectors seem to have been unfounded, but those who criticize
the program are convinced the IRS could perform the collection
process in-house for much less than the collectors are
charging. Follow the story at AccountingWEB,
CLICK HERE.
Gail Perry
Editor
editor@accountingweb.com