Inside Views

  • Retaining Clients during a Firm Transition

    October 7, 2016

    Imagine a partner announces their retirement and your firm buys out the equity stake. Five years later, the partner is still working with and controlling the same client relationships as always. Worse yet, the “retired” partner is getting more and more difficult to work with every day but has been fully paid. What do you do?

  • PICPA sees over 1,200 CPAs serve their community in second annual 'Week of Service'

    October 7, 2016

    The Pennsylvania Institute of Certified Public Accountants (PICPA) announced this week that over 1,200 CPAs across the state donated their time to local communities during the Institute’s second annual Week of Service this past September.

  • Earnings Management Just as Bad under IFRS as U.S. GAAP

    October 6, 2016

    An academic study demonstrates that earnings management is pervasive across U.S., European and Asian companies, whether they’re using U.S. GAAP or International Financial Reporting Standards.

  • Election Impact on Small Business Confidence

    October 6, 2016

    Elections have consequences. While it’s clear that the next President will have his or her own agenda, and possibly the legislative power to back it up, predicting the future based on possible outcomes is risky. Still, the upcoming election, perhaps more than usual, is already affecting people’s contemplated behavior as they anticipate possible outcomes.

  • Audit Leaders Focus on Emerging Risks

    October 5, 2016

    Internal auditors are turning their attention to strategic and emerging risks, according to a new survey.

  • Playing by New Budgeting Rules

    October 5, 2016

    Why modern budgeting requires built-in business logic and accounting rules.

  • AICPA names 2016-17 AICPA/Accountemps Student Scholarship award winners

    October 5, 2016

    The AICPA announced on Wednesday the four recipients of the 2016-2017 AICPA/Accountemps Student Scholarship award. Part of the AICPA’s Legacy Scholars program, the award recognizes four undergraduate/graduate-level accounting students earning their CPA license who have proven excellence in academia and leadership.

  • The Accounting Pivot

    October 4, 2016

    It’s no secret the accounting profession and the broader business environment are dramatically changing. The issue is how to adapt to all the changes. How are everyday accountants supposed to successfully pivot?

  • Trump Tax Return: Top 9 Questions

    October 3, 2016

    This is not about politics; it's about tax.

  • Art of Accounting: Getting Started with the First Person I Trained

    October 3, 2016

    I was fortunate early on in my career that I had a boss who gave me responsibility to supervise. On some level I was not really instructed how to supervise, but was told I could use the new person to help me get my work done.