AT Think

The Center for Audit Quality (CAQ) and auditors representing leading firms across the country announced a social media strategy for Thursday, December 10, highlighting the benefits of an auditing career and the important role auditors play in capital markets.

CBIZ announced on Thursday that their nationwide offices have collected a total of 1,026,139 pounds of food during the company’s annual National Food Drive. This year marks the very first time CBIZ's donations crossed the 1 million-pound milestone. All of the donations will be given to food pantries within CBIZ communities throughout the country.

According to a new survey by CPA.com, firms that have embraced new technologies are more likely to change with the most urgency. Early adopter firms - be it technology or practice management innovations - are more likely to enact deeper changes more rapidly than more cautious CPA firms, according to CPA.com's Innovation in Public Accounting Survey.

Forty-eight percent of small and midsize businesses use one technology supplier for accepting payments, processing payroll, issuing invoices and doing their accounting, according to a new survey, while 34 percent use two or more suppliers for their financial technology.

New England firm BlumShapiro recently presented a check for $1,800 to Shelton, Conn. non-profit Spooner House - which provides "food, shelter and support services to people in need" - via the firm’s employee giving through its Jeans for Charity Program.

Generation Opportunity, a national, nonpartisan youth advocacy organization, announced last week that their November Millennial Jobs Report revealed that 13.1 percent of 18-29 years olds are currently unemployed. The data is non-seasonally adjusted and is specific to the 18-29 age group.

Litigation against accounting firms appears to have subsided for now, according to one legal expert, but is showing signs of reviving as the Securities and Exchange Commission turns its attention back to accounting and audit enforcement cases.

North American employees and managers are missing out on more than $10.7 billion of unclaimed expenses every year, according to new estimates.

According to the results of the fourth quarter AICPA Economic Outlook Survey released on Thursday, polled executives do not anticipate significant profit and revenue in the coming year - the lowest outlook since 2012.

The International Accounting Education Standards Board (IAESB) released a Consultation Paper on Wednesday, titled Meeting Future Expectations of Professional Competence: A Consultation on the IAESB’s Future Strategy and Priorities. The IAESB’s proposed strategy from 2017 through 2021 builds on its revised International Education Standards (IES) and the Education Board’s work towards the implementation of those standards in an increasingly changing world.