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October 14, 2014

Goodwill Impairment on the Decline

Publicly traded companies in the U.S. recorded the lowest level of goodwill impairment since 2008, according to a new study.

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Posted by Michael Cohn at 04:18PM | Comments (0)

October 13, 2014

Complacency about Fraud Exacts a Heavy Cost

The Association of Certified Fraud Examiners is warning about the costs to organizations of being overly complacent about financial fraud.

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Posted by Michael Cohn at 11:23AM | Comments (0)

October 8, 2014

SEC Grapples with Forward-Looking Information and Financial Disclosures

The Securities and Exchange Commission has been conducting a review of the effectiveness of financial disclosures by public companies within and outside of financial statements, and some investors have wondered about where forward-looking statements should fit into them.

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Posted by Michael Cohn at 05:35PM | Comments (0)

October 3, 2014

Strengthening Accounting Organizations in Developing Countries

While there are many well-equipped organizations for accountants in the United States and Europe, much of the developing world is still missing robust groups that can foster development of ethical practices for accountants and look out for their interests.

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Posted by Michael Cohn at 04:08PM | Comments (1)

October 2, 2014

AICPA Provides Guidance on Liquidation Basis of Accounting in Employee Benefit Plans

The American Institute of CPAs’ Employee Benefit Plans Expert Panel has developed some new practice aids to provide nonauthoritative guidance about the effects of recent accounting standards relating to the liquidation basis of accounting on employee benefit plans.

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Posted by Michael Cohn at 04:35PM | Comments (0)

October 1, 2014

Podcast Series Teaches Small Accounting Firms How to Grow

A new podcast series aims to help small accounting firms grow.

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Posted by Michael Cohn at 06:02PM | Comments (0)

September 30, 2014

CPA Consultants’ Alliance Surveys Firms on Succession Planning

The CPA Consultants' Alliance has launched a new survey to collect information on succession planning in order to determine how partners in CPA firms view their firm’s ability to address the succession of their partners as they approach retirement.

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Posted by Michael Cohn at 06:16PM | Comments (0)

September 29, 2014

ADP Takes a Fresh Look at Workforce Trends

Payroll giant ADP is planning to issue a new quarterly report examining different trends in the U.S. workforce.

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Posted by Michael Cohn at 04:11PM | Comments (2)

September 19, 2014

Mandatory Partner Retirement Becomes an Issue at Firms

The Equal Employment Opportunity Commission has been questioning some of the Big Four accounting firms about their policy of requiring their partners to agree to retire at a specific age.

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Posted by Michael Cohn at 04:30PM | Comments (1)

September 18, 2014

Relationship Training for CPA Tax Planners

Maintaining healthy client relationships is important for CPAs, particularly when their tax clients need some help with their tax planning that may require outside expertise.

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Posted by Michael Cohn at 05:48PM | Comments (1)


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