AT Think

PricewaterhouseCoopers has released a useful report demonstrating the many differences that remain between U.S. GAAP and International Financial Reporting Standards.

I’m a Payroll Betty and I’m proud. What does that mean exactly? It means I’ve built my firm with payroll. The result has been very rewarding. However, not surprisingly, I’ve run into an accountant or two that looks down on payroll. They don’t want to be bothered with such “low level” work. Not me; I love payroll.

Last Thursday, the New York State Society of Certified Public Accountants (NYSSCPA) announced that they have opened a government affairs office in Albany as the 28,000-member association renews its focus on state legislation and regulations.

As the Baby Boomer generation ages and faces the prospect of needing to hire caregivers, accountants are increasingly being called upon to help families sort out the tax issues associated with hired domestic help.

According to a recent survey by Robert Half Finance & Accounting, job-seekers value learning just as much as their salary when they consider a opportunity. Among finance and accounting professionals surveyed, 64 percent said the chance to gain new skills is a critical consideration when making a career move. 50 percent also reported they are very concerned about keeping their skills current in the next few years.

Top executives at mid-market companies increasingly see technology as a strategic asset that can drive competitive advantage and are taking a more active role in technology decisions, according to a new report from Deloitte.

U.S. Senator Kirsten Gillibrand (D-NY) will deliver a noon keynote address on Monday, Sept. 21, at the National Cannabis Industry Association’s Fall Regional Cannabis Business Summit, taking place at the Wyndham New Yorker in New York City, Sept. 21-22.

On Wednesday, Thomson Reuters released their special report, Projected 2016 Inflation-Adjusted Tax Brackets and Other Key Figures, which demonstrates that, despite modest inflation in the past year, tax brackets will be adjusted upward in 2016, easing the tax burden slightly for many taxpayers. The adjustments will prevent the loss of tax benefits due solely to inflation.

The Association of Chartered Certified Accountants has teamed up with the United Nations Children’s Fund in an effort to show companies how to improve children’s rights around the world, while also expanding its efforts to educate accountants in the U.S. and abroad.

The Georgia Society of CPAs (GSCPA) and the Georgia Food Bank Association have announced the results of the second annual Georgia Accounting Food Fight. During the friendly, two-week competition, accounting firms and industry accounting departments statewide raised food and funds for Georgia's eight regional food banks. The competition took place Aug. 17-28.