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May 28, 2009

Publisher's Note
Now that Memorial Day weekend is behind us, thoughts turn to summer vacations, baseball, hot dogs and apple pie. I would like to take this opportunity to remind our loyal readers that AccountingWEB remains free to everyone. Sure, we are an advertising-based business model, but we only align ourselves with companies that offer products and services that can help you during your accounting day. We strive to provide you with viable options and resources--not merely throwing a bunch of nonrelevant ads at you.

It is our mission to offer a vibrant accounting community that is a resource throughout your accounting life. As always, we want to hear how we can improve. Let me know please. Oh, and thanks for helping us keep the lights on!

Rob Nance
AccountingWEB, Inc.

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Questions & Advice

Beginner seeking career advice

I have recently been laid off and decided to return to school. I am a late bloomer at 37 years old, and have no experience in the field. I have worked for 15 years in Sales and Customer Service. My father is a CPA and has mentioned possibly going into business together. I am attending a co-op seminar this summer at the college, as the degree calls for a certain number of co-op hours. A classmate suggested I seek a part time co-op job to supplement my income. This will fulfill my financial needs while also satisfying my degree requirements.
Add your input!

Printing a Gross Revenue Report from QuickBooks 2008

My client is asking for a month by month gross revenue report. Can anyone here help me with this? Their sales is split up in to different categories like marketing, cogs, programming that they do etc...which comes from sales. Would printing just a P&L or Balance Sheet do the trick?
Share your suggestions!


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This week's CPA review

Featured links
Tax and Audit Staff Training from Industry Leaders AuditWatch and PPC
Paperless Systems Boost Productivity - Accountants Share their Experiences
Training and CPE from the National Tax Practice Institute (NTPI)
Everything in this e-newsletter is created with your needs in mind,
assisting you with information and choices for your accounting life.
Top News

Benefits to both homeowners and lenders in new housing law

With previous efforts to aid homeowners who are facing foreclosure or whose home values are "underwater" making only a slight dent in foreclosure projections, Congress has passed carrot-and-stick legislation called the Helping Families Save Their Homes Act to encourage both homeowners and lenders to take advantage of government mortgage programs. more >>
IASB publishes draft guidance on fair value measurement
IRS spent $19.5 million on cancelled project for new Web portal
IRS contractor charged with crime after allegedly urinating in elevator
Tax and Audit Staff Training from Industry Leaders AuditWatch and PPC

With the time-tested AuditWatch University, the brand new TaxWatch University, and additional special topic seminars, we help you keep pace with an ever-changing industry. Training is available on-site for your firm, and in public seminars in over 20 cities nationwide.

AuditWatch University. Our integrated development curriculum provides your staff with the knowledge and skills to move ahead! AuditWatch University offers five progressive levels of audit staff training.

New! TaxWatch University - co-presented with PPC in the same format as the overwhelmingly successful AuditWatch University - provides five levels of core tax staff training. The progressive training covers individual, corporate, pass-through, partnership, and other tax entities and situations, plus tax planning strategies and professional development.

Also available from AuditWatch: Customized consulting solutions to enhance your audit engagements, and data technology services and training.

Visit or call: 800.775.9866 for in-house training, consulting, and data technology solutions; or 800.231.1860 register for public seminars.
Featured Articles
Tell your clients about new eco-friendly energy tax breaks

Several of our subscribers have asked us about the tax incentives for energy savings contained in the new economic stimulus law (the American Recovery and Reinvestment Act of 2009). more >>
Parents are putting children's college costs ahead of retirement planning
Small business tax deduction strategies: Maximize Section 179 write-offs
Office Tools Professional
Workflow and Paperless Systems Boost Productivity

Whether its practice management software, conferences or webcasts, we are committed to providing relevant solutions and resources to the accounting practice of the future... Today. Learn how to implement a paperless system, integrate new work flow methods and improve how you work along with your bottom line.

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Find out what other accounting professionals have implemented
Firm/State/People News
Wisconsin investment advisor charged with engaging in kickback scheme

The Securities and Exchange Commission has obtained an emergency court order to freeze the assets of an Appleton, WI-based investment adviser charged with engaging in a kickback scheme and other fraudulent conduct involving six unregistered investment pools it managed. more >>
New York CPAs announce merger
Tennessee CPA elected to University of Memphis business college board
Will she remember you?
You were her hero during tax season ... how soon will she forget you?

Stay memorable through the year with the practice-building strategies found only in The Tax Strategist. Every month, The Tax Strategist's marketers and tax advisors will prepare customizable sales letters for you to edit as you wish - on your letterhead - and in just minutes per month you'll be winning new business from your clients and prospects. Find out more about this rewarding service ... so she'll rely on you all year long!
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Contact Diane Williams, Sales Manager
866-688-1678 x 17 or e-mail
National Tax Practice Institute
National Tax Practice Institute™ (NTPI®)

Be ready to defend your clients before the IRS by sharpening your skills at the nation's only educational program dedicated exclusively to representation. Earn CPE and network with the nation's leading tax experts. Visit NPTI online for a complete list of courses.

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