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August 6, 2014

Accounting Convergence Unachievable

Hans Hoogervorst, chairman of the International Accounting Standards Board, reportedly told an audience in Singapore last week that full convergence is no longer an achievable project.

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Posted by Michael Cohn at 06:02PM | Comments (6)

August 5, 2014

Employees Less Courteous as They Move up the Ranks

A majority of employees believe workplace etiquette affects their career prospects, but they also think people become less courteous as they rise to the top, according to a new survey by Accountemps, a staffing company for temporary accounting, finance and bookkeeping professionals thatís part of staffing giant Robert Half.

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Posted by Michael Cohn at 03:37PM | Comments (1)

July 31, 2014

SocialCPAs Surveying Firms about Social Media Use

SocialCPAs, a group that aims to help accounting professionals with social media, has re-launched its annual survey on social media use.

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Posted by Michael Cohn at 01:04PM | Comments (0)

July 30, 2014

Big Four Firms Rebuilding Legal Service Practices

The Big Four accounting firms are reportedly rebuilding their legal service practices, after abandoning much of that area over a decade ago in response to Sarbanes-Oxley restrictions.

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Posted by Michael Cohn at 03:55PM | Comments (0)

July 24, 2014

Certify Sees Some Changes in Business Expense Trends

Travel and expense management software provider Certify has published the results of its latest quarterly report on the most frequently expensed vendors on business expense reports.

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

July 23, 2014

PwC Advises Tech Companies to Prepare for New Revenue Recognition Standard

PricewaterhouseCoopers has released a new paper on how companies can get ready for the newly converged revenue recognition accounting standard.

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Posted by Michael Cohn at 04:51PM | Comments (0)

July 22, 2014

Congress Casts Aspersions on Corporate Inversions

The battle over corporate inversion deals is heating up, as more U.S. multinational corporations find merger partners abroad that will allow them to move their tax domiciles to countries with lower tax rates.

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Posted by Michael Cohn at 06:05PM | Comments (0)

July 21, 2014

IIA Sees Need for Public Sector Audit Committees

The Institute of Internal Auditors wants more public sector entities to establish independent audit committees.

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Posted by Michael Cohn at 04:44PM | Comments (2)

July 16, 2014

Securely Storing Files

Accountants need to make sure their clients' files are secure and stored away so they are not vulnerable to identity theft.

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Posted by Michael Cohn at 09:38AM | Comments (0)

July 9, 2014

IMA and AAA Release Accounting Education Framework

The Institute of Management Accountants and the American Accounting Associationís Management Accounting Section have released a new framework intended to broaden the scope of accounting education.

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Posted by Michael Cohn at 12:58PM | Comments (0)


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