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June 21, 2013

Poor Interpersonal Skills Doom Employee Advancement

A new survey from the staffing company Accountemps finds that the top reason cited by CFOs for why their employees fail to advance is poor interpersonal skills (30 percent).

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Posted by Michael Cohn at 07:03AM | Comments (0)

June 19, 2013

CFOs Don’t Know about Upcoming Revenue Recognition Standards

Talk about putting on the blinders. More than half of CFOs are unaware of the forthcoming revenue recognition standards due out this summer from the Financial Accounting Standards Board and the International Accounting Standards Board, according to a new survey by Grant Thornton.

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Posted by Michael Cohn at 03:46PM | Comments (0)

June 18, 2013

Accountant Wins Miss USA Pageant

We secretly knew all along that accounting was a glamorous profession, but now we have proof.

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Posted by Michael Cohn at 07:54AM | Comments (3)

June 14, 2013

Infographic Charts Rise of Forensic Accounting

New England College’s School of Graduate and Professional Studies has produced an attractive and amusing infographic charting the rise of the forensic accounting discipline.

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Posted by Michael Cohn at 05:16PM | Comments (1)


FedTax Hopes for Passage of Online Sales Tax Bill

Sales and use tax software providers are hoping that Congress will pass the Marketplace Fairness Act, which would require online merchants to collect sales taxes from customers who owe it for Internet purchases.

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Posted by Michael Cohn at 04:07PM | Comments (0)

June 13, 2013

PwC Sees Business in Sustainability

PricewaterhouseCoopers has been expanding its involvement with sustainability reporting as more of its clients account for their efforts to go green.

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Posted by Michael Cohn at 07:13AM | Comments (0)

June 10, 2013

Liberty Reserve Case Highlights Need for Careful Vigilance on Money Laundering

Late last month, the Justice Department shut down Liberty Reserve, a company that facilitated international money laundering by using digital currency to transmit funds.

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Posted by Michael Cohn at 08:40AM | Comments (0)

June 7, 2013

Credit Unions Object to FASB Loan Loss Proposal

A trade organization for credit unions has written to the Financial Accounting Standards Board asking for changes in its proposed standards for credit losses in its financial instruments project, which differ from those of the International Accounting Standards Board.

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Posted by Michael Cohn at 07:05AM | Comments (0)

June 6, 2013

UHY Backs New York Tech Startups

UHY LLP is getting involved in supporting technology startup companies and the CPA firm is finding some new clients that it can guide through the funding and M&A process.

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Posted by Michael Cohn at 07:51AM | Comments (0)

June 5, 2013

IRS Cost Basis Regulations Distinguish between Simple and Complex

The IRS released the final regulations for Phase III of cost basis reporting of debt instruments, options and single stock futures on April 18, and the tax profession is sorting out what the new rules mean and how they will affect firms and their clients.

Continue reading "IRS Cost Basis Regulations Distinguish between Simple and Complex"

Posted by Michael Cohn at 07:02AM | Comments (1)


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Trends in the Accounting Profession

April 18, 2014

Jim Metzler, former AICPA vice president of small firm interests, and founder of Metzler Advisory Group, talks about how the CPA profession is changing.

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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