AT Think

Very few firms today have a well-defined “path to partner.” This creates both challenges and opportunities for today’s younger professionals with aspirations of partnership. The challenge is in that it can be hard to understand just exactly what you need to do to make partner. Conversely, the opportunity is that you can define your own path and propose this to leadership as a starting point.

The AICPA has named Dan Griffiths, director of strategic planning at Tanner LLC, the winner of the Outstanding Young CPA Award in Honor of Maximo Mukelabai. Griffiths was recognized for his leadership role with the Utah Association of CPAs (UACPA) and service to his local community.

The Senate Finance Committee has released its long-awaited report on the Internal Revenue Service’s treatment of political groups applying for tax-exempt status, and it includes a tantalizing reference to Bristol Palin, the daughter of former Alaska governor and vice presidential candidate Sarah Palin.

Former Internal Revenue Service commissioner Mark Everson has filed a complaint with the Federal Election Commission objecting to being left out entirely of Fox News’s Republican presidential debate.

A new research project by the Wisconsin School of Business - aimed at providing auditors, regulators, and policy-makers with a model for understanding and interpreting audit studies - is one of three projects to receive funding from the Center for Audit Quality, according to a press release from the school.

Nonprofit organizations make accounting errors at a relatively high rate, in part because they try to avoid devoting a high percentage of their funding to administrative costs, according to a new study.

The American Indian Graduate Center and REDW, New Mexico’s largest locally-owned certified public accounting and business consulting firm, have partnered to create a scholarship program for American Indian students who want to study accounting, according to Indian Country Today Media Network.

In an age of stepped-up regulation and enforcement, accountants and their clients need to know how to cope with a variety of different agencies, including the Securities and Exchange Commission and the Public Company Accounting Oversight Board.

On Friday, Barry Melancon, president and CEO of the AICPA, applauded Congress for changing the due dates of certain tax returns in order to make the information flow between corporations, partnerships and individuals more logical, and which will reduce the need for extending and amending corporate and individual tax returns.

This morning while at Sage Summit (during a breakfast of beignets) I had the opportunity to meet IRL (in real life) the global CEO of Sage, Stephen Kelly. And guess what? He knew my name. After all, we’re Twitter friends.