Trends

A&A

Global Trade Drying Up, Says Economic Survey of Finance Professionals

Finance professionals believe there will be a renewed global economic downturn in 2012, as the largest-ever quarterly survey of professional accountants shows that international trade continued to dry up at the end of last year.
Workplace Fitness

Fit and Focused: Accounting Professionals Discover the TrekDesk

Cindy Mayhak is just one of the many wellness-minded professionals who decided to break away from their desk without breaking away from the office by using a TrekDesk to shatter their sedentary lifestyle and the health risks associated with it.
Practice

KPMG to Offer Tax Offsets to LGBT Employees

KPMG LLP announced it now offers its lesbian, gay, bisexual, and/or transgender (LGBT) partners and employees offsets for the additional federal and state tax costs incurred when they pay for same-sex domestic partner medical benefits. The tax equalization benefits will cover the 2012 tax year.
Technology

Cloud Chiefs Talk Myths, Trends, and the Future for Business IT

In February, Microsoft News Center (MNC) spoke with Kurt DelBene, President of the Microsoft Office Division, and Satya Nadella, President of Microsoft's Server and Tools Business, about what's new and what's unchanged with cloud computing. Here's what they had to say.
Practice

Six Things Accountants Often Don't Understand about LinkedIn

You've probably heard about LinkedIn, and perhaps you've already registered your profile. Thousands of accountants register, but many fail to register properly, they complain about it, or they simply say it hasn't generated any business for them.
Practice

New CSC Survey of More Than 3,500 Cloud Computing Users

A survey of IT decision makers found that the shift to cloud computing is driven primarily by a desire to connect employees through a multitude of computing devices. Thirty-three percent cited accessibility to information through multiple devices as their top reason for adopting cloud computing.
Practice

IRS Unveils New Version of Smartphone App

The IRS announced the availability of IRS2Go 2.0, an expanded version of its smartphone application designed to provide taxpayers easier access to practical tools and information. The new app is available on the Apple and Android platforms.
Practice

Intuit Small Business Employment Index Results

Small businesses created 50,000 new jobs in January but paid employees less and gave them fewer hours. The East Coast, especially New York, showed more weakness in employment than in other parts of the country. These are some of the results of Intuit's latest Small Business Employment Index.
Education & Careers

2011 Accounting Graduates Earning Average Salaries of $50,000

Accounting grads in 2011, earned starting salaries that exceeded those in nearly every other field except engineering and computer science. Overall, the average salary was $41,701, but accounting majors earned an average of $50,500, which is up 3.7 percent from 2010, according to the 2012 NACE survey.
A&A

The Economy – Americans Feeling Better, CEOs Feeling Gloomy

Is the economy getting better or worse? It depends on who you ask. Two recent polls show that Americans are beginning to feel a bit better about the economy, but CEOs are feeling gloomy. For the first time in almost a year, more Americans say the economy is getting better than those who say it’s getting worse.
Practice

AICPA Panelists Examine Economic Outlook Survey Findings

AICPA Business and Industry Economic Outlook Survey measured nine components All nine components showed modest improvement in the fourth quarter Survey revealed increased optimism that the US economy will improve in 2012 AICPA Webcast, "Looking Ahead to 2012: Progress of Paralysis?" covering the survey to be made available
Technology

The Future of Technology is Here - Are You Ready?

Business software developer The Access Group predicts that businesses are in for some radical structural changes.
Technology

QR Codes Provide New Way To Market Your Practice

Have you considered using QR Codes to promote your accounting practice? Kara Haas asks and answers the most common questions about how this new technology tool is changing the marketing landscape.
A&A

CCH 2011 User Conference Focuses on Innovation

Innovative thought is the theme at CCH Connections, this year's annual CCH User Conference, and the Thomas Paine statement of "Lead, follow, or get out of the way," has never been more appropriate than it is today.
A&A

CFOs Expect to Increase Hiring for Accounting and Finance Employees in Fourth Quarter

Chief financial officers surveyed recently forecast an increase in hiring during the fourth quarter of 2011.
AccountingWEB Life

THRIVEal+CPA Network – Like-Minded Professionals Looking for a New Way To Do Business

It didn't take long for Patti Scharf, CPA, to see a trend developing among her small business clients: She was handing out monthly financial statements, but her clients didn't seem all that interested in the information she was providing.
A&A

Manufacturers to be hit with skill shortage due to retiring Baby Boomers

Manufacturers are anticipating a surge of skill shortage as the Baby Boomers retire. Most of those surveyed have current job openings and are encouraging older workers to stay on the job.

New Baby Boomer budget item: Taking care of the parents

It is estimated that nearly 10 million adult children over the age of 50 care for their aging parents. These Baby Boomers should be finalizing plans for their own retirement, but they are putting their parents first.
A&A

Debit cards rewards may be gone; more changes coming

JPMorgan Chase has announced that it will end its popular debit card rewards program for existing customers on July 19. Wells Fargo, SunTrust, and PNC have announced that they will either end their rewards programs or close them to new customers.
A&A

Many baby boomers see retirement delayed at least four years

Half of Baby Boomer clients who have postponed retirement due to the economic downturn expect to work at least four years longer than they originally planned, according to CPA financial planners surveyed by the AICPA.

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