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November 18, 2013

IFAC Polls Small and Midsize Practitioners

The International Federation of Accountants has opened its annual SMP Quick Poll to survey accountants at small and midsize practices about the main issues confronting them and their clients around the world.

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Posted by Michael Cohn at 06:12PM | Comments (0)

November 15, 2013

PwC Focuses on Private Companies

PricewaterhouseCoopers has been building its Private Company Services practice in the U.S. to cater to the needs of growing companies that are benefiting from the economic recovery.

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Posted by Michael Cohn at 05:04PM | Comments (0)

November 14, 2013

Donor-Advised Funds Benefited from Uncertainty

High net worth individuals have increasingly been putting their money into donor-advised funds, a form of charitable giving in which the fund is managed by the charity on behalf of the individual or their family.

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

November 8, 2013

Deloitte Tax CEO Carl Allegretti Sees Importance of ‘Work/Life Fit’

Carl Allegretti, U.S. CEO and chairman of Deloitte Tax LLP, the vast tax practice at Deloitte LLP, has personal experience with the importance of finding time for family in the midst of a busy work schedule.

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Posted by Michael Cohn at 05:04PM | Comments (0)

November 5, 2013

ACFE Offers Tips on Fraud Awareness

Organizations lose an estimated 5 percent of their annual revenues to fraud, and the Association of Certified Fraud Examiners is offering some basic tips to help any organization prevent and detect fraud, in conjunction with International Fraud Awareness Week this week, which ACFE is helping support.

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Posted by Michael Cohn at 04:03PM | Comments (0)

November 4, 2013

PwC Sees Problems with Anti-Money Laundering Programs

A new report by PricewaterhouseCoopers identifies some of the pitfalls in the anti-money laundering programs that financial institutions have put in place to address the ever tougher requirements in the U.S. and other parts of the world to stem the tide of illegal sources of cash.

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Posted by Michael Cohn at 06:15PM | Comments (0)

October 31, 2013

A Halloween Tax Return from Beyond the Grave

As a tax practitioner, you have probably dealt with decedent tax returns before, but you’ve probably never processed a Form 1040 R.I.P.

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Posted by Michael Cohn at 06:21PM | Comments (1)

October 30, 2013

Former Napster CEO Sees Potential in Crowdfunding

Hank Barry, the former CEO of the early music-sharing service Napster, is encouraged by the Securities and Exchange Commission’s proposed rules for crowdfunding as they set the stage for this nascent form of investment.

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Posted by Michael Cohn at 05:39PM | Comments (1)

October 22, 2013

How Accounting Firms are Like Rock Bands

Is your accounting firm more like a famous rock band or a garage band? Angie Grissom and Scott Bradbary of The Rainmaker Companies gave an entertaining keynote speech at Accounting Today’s Growth & Profitability Summit on Monday comparing how many accounting firms can effectively act like rock bands.

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Posted by Michael Cohn at 07:07AM | Comments (2)

October 18, 2013

Jackson Hewitt Unconcerned about Health Insurance Exchange Glitches

Jackson Hewitt is gearing up this tax season to offer its tax customers help with signing up for the Obamacare health insurance marketplaces, despite the technical problems that have plagued the new exchanges since they launched at the beginning of this month.

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Posted by Michael Cohn at 07:53AM | Comments (0)


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