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March 18, 2014

CCH Provides Tax Tips for March Madness Bracketologists

CCH is warning participants in the NCAA college hoops March Madness brackets that any of their winnings in the office pool will be subject to taxes.

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Posted by Michael Cohn at 06:17PM | Comments (0)

March 17, 2014

FASB Looks into Simplifying Goodwill Standards for Public Companies

Last November, the Financial Accounting Standards Board endorsed simplifying the accounting standards that private companies use in measuring and reporting goodwill, and FASB is currently looking into the possibility of changing the standards for public companies too.

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Posted by Michael Cohn at 11:52AM | Comments (0)

March 14, 2014

Deloitte Focuses on Recruiting Fresh Talent and Diversity

Deloitte held its board meeting in New York this past week and also took time to meet with some members of the press to discuss its diversity and recruiting efforts.

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Posted by Michael Cohn at 04:32PM | Comments (0)

March 7, 2014

Skimmer Fraud on the Rise

Credit card and bank card skimmer fraud has spread around the world, stealing from consumers and banks at locations ranging from gas stations to ATMs and restaurants, according to a report from ACCA USA, the U.S. arm of the Association of Chartered Certified Accountants, and Pace University in New York.

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Posted by Michael Cohn at 01:10PM | Comments (0)

March 6, 2014

Rothstein Kass and KPMG Merger Chitchat

For the last few weeks the accounting profession’s rumor mill has been buzzing with stories that Rothstein Kass is about to be acquired by KPMG. Is this all just a matter of frantic speculation, or could this rumor actually have some truth to it?

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Posted by Tamika Cody at 02:06PM | Comments (0)

March 4, 2014

Companies Need to Adjust to New COSO Framework

The internal control framework that was unveiled last year by the Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, will take some time to adjust to, but the Securities and Exchange Commission is encouraging companies to transition to it by the end of this year.

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Posted by Michael Cohn at 01:01PM | Comments (1)

February 28, 2014

Camp Tax Reform Proposal Makes Waves

The tax reform proposal issued this week by House Ways and Means Committee chairman Dave Camp, R-Mich., is continuing to generate plenty of discussion.

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

February 27, 2014

G2 FinTech Helps with Hedge Fund Tax Accounting

G2 FinTech focuses on a technology niche of helping accountants automate the process of tax preparation for financial firms that need to deal with complex transactions such as wash sales and straddles on a regular basis.

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Posted by Michael Cohn at 05:55PM | Comments (0)

February 20, 2014

Bloomberg BNA Releases Book on PCAOB

Bloomberg BNA has published a new book examining the history and workings of the Public Company Accounting Oversight Board.

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Posted by Michael Cohn at 02:59PM | Comments (0)

February 14, 2014

Finance Execs Need to Get More Involved in Sustainability Reporting

Financial executives should become more involved in their company’s sustainability reporting efforts, according to a new report.

Continue reading "Finance Execs Need to Get More Involved in Sustainability Reporting"

Posted by Michael Cohn at 12:32PM | Comments (2)


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Lessons in M&A: Client and Staff Retention

April 14, 2014

Transition Advisors president Joel Sinkin talks about what firms should do after a merger to retain their clients and staff members.

Are You Missing These Growth Opportunities?

April 2, 2014

Gale Crosley of Crosley + Company discusses the practice areas and international opportunities that firms often overlook in trying to grow.

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SLIDE SHOW

Dumbest Employee Excuses for Being Late

March 31, 2014

Running a little late could have big repercussions, especially at a firm in the midst of busy season. From escaped zebras to must-see TV, employers told CareerBuilder some of the most memorable excuses they've heard from tardy employees.

Common Taxpayer Misconceptions

March 19, 2014

The NAEA’s collection of ridiculous things tax clients believe.

The 10 Fastest-Growing Firms in the U.S.

March 10, 2014

The firms with the highest 2013 revenue growth in our Top 100 Firms/Regional Leaders list.

Top 10 Tech Trends for 2014

March 3, 2014

As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.

Strangest Tax Deductions

January 31, 2014

The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.

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