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Cold CPAs, Warm Hearts – North Carolina Firm Takes Polar Plunge for Special Olympics

Most CPAs simply grab an extra cup of coffee to steel themselves for another grueling day during tax season. But this February, associates from Davenport, Marvin, Joyce & Co., LLP tried a much more "stimulating" approach to jump-start their day.
Education & Careers

AICPA Honors Top 2012 CPA Exam Performers

To be named "top of the class" is always an honor. But when you're named one of the top 39 candidates in a pool of 92,000 contenders, that honor is especially impressive. That's exactly what happened for 39 CPA Exam candidates when the AICPA announced the 2012 Elijah Watt Sells Award winners.
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.
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.
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.
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.
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.
Education & Careers

From Handshakes to Hair Twirling – What Impression Do You Leave?

When was the last time you checked the firmness of your handshake? That may seem like a ridiculous trait to focus on, but it tells people something about your level of confidence and professionalism in the business world, even if those impressions are inaccurate.
Tax

Former IRS Commissioner Everson to Practitioners: Buckle Up!

Mark W. Everson, the former Commissioner of the IRS, sees a bumpy road ahead in tax circles due to pending sequester cuts, growing taxpayer identification theft, and looming health care reforms. But Everson has complete faith in the nation's tax collector's ability to rise to the challenges it will be facing.
Education & Careers

Yoga Keeps Indiana CPA Firm Fit, Flexible, Focused

Jennifer Miller is one of Somerset CPAs' employees who participates in the firm's on-site corporate yoga program. The program offers the firm's 150 employees the chance to untether themselves from their desks twice a month during tax season to participate in a forty-five-minute yoga session led by a registered yoga therapist hired by the firm.
Practice

How to Attract New Partners from Inside and Outside Your Firm

Firms looking to add new partners need to abandon "archaic approaches" to doing so, be it with existing staff or when looking at outside candidates. This is the message from "How to Bring in New Partners," written by Marc Rosenberg of The Rosenberg Associates consulting firm.
Technology

Mike Sabbatis Joins XCM Solutions' Board to Aid in Execution of Aggressive Growth Strategy

XCM Solutions, LLC, a leading provider of Cloud-based workflow management software for the accounting profession, announced the appointment of Mike Sabbatis to the XCM Solutions Board of Directors.
Practice

Are You a Secret Expert?

Do you serve a particular niche especially well? Have you served clients with complex issues that took a great deal of research? Do you have more knowledge than most in a particular area of tax or accounting? If so, congratulations – you're an expert. But are you keeping your hard-earned expert status a secret?
Education & Careers

Krista McMasters, CliftonLarsonAllen Co-CEO, Announces Retirement

Krista McMasters – the first and only female to serve as CEO among the nation's current top fifty CPA firms and currently co-CEO of CliftonLarsonAllen (CLA) – has announced she's retiring from the firm as of April 1, 2013.
Education & Careers

Xero Hires Google's Stuart McLean to Lead Global Marketing Efforts

The young online accounting software company Xero announced a recent coup – hiring Stuart McLean away from Google Australia, where he was Cloud business applications development leader. McLean will lead Xero's worldwide sales and marketing team.
Education & Careers

'Fun and Dedicated' Workforce Pays Off for El Paso Firm

One look at the El-Paso, Texas-based public accounting firm Strickler & Prieto, LLP's website, and there's little doubt that happy, healthy employees are considered an integral part of the firm's skill set.
A&A

FASB Appoints New Members to Its Task Force and Advisory Groups

On March 11, the Financial Accounting Standards Board (FASB) announced the appointment of new members to the Emerging Issues Task Force, the Investors Technical Advisory Committee, and the Not-for-Profit Advisory Committee.
Practice

What You Need to Know Before Recommending a Financial Advisor

Being able to offer sound financial planning advice for clients will require an accountant to gain certification, designation as a financial advisor, or to partner with someone who can be entrusted to serve clients well in this area.
Education & Careers

Accountants Pay Seen Rising an Average 3.3 Percent This Year

Accountants with solid credentials should have no employment worries, because demand and pay throughout the profession are showing strong gains this year, according to reports from the recruitment firm Robert Half International.
Education & Careers

IU's Kelley School of Business Partners with CFA Institute

Indiana University's (IU) Kelley School of Business has achieved CFA Program Partner status with CFA Institute, which offers the premier certification in the investment industry worldwide.

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What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
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