AT Think

It’s no secret that the U.S. accounting industry is consolidating. Whether they want to conserve firm value for outgoing partners or grow for the next generation — or both — firm managing partners face difficult choices.

As a recent study published by the Organization for Economic Cooperation and Development concluded, teens in the US only rank just below average in financial literacy compared to other nations, despite being part of the world's largest financial system.

The Securities and Exchange Commission has been conducting a review of the effectiveness of financial disclosures by public companies within and outside of financial statements and some investors have wondered about where forward-looking statements should fit into them.

Getting into the giving spirit of the holidays, BlumShapiro announced today that their BlumShapiro Thanksgiving Food Basket Campaign for CCA will provide Thanksgiving Day meals to more than 2,000 families and seniors in the New Haven area for the third consecutive year, in conjunction with Christian Community Action (CCA).

As a human and accounting professional, you will make mistakes. What you do when a mistake is discovered will make all the difference.

The IRS sent the following announcement regarding the annual Columbus Day power outage...

Recognizing 92 graduate and undergraduate students nationwide, the AICPA has granted $277,500 as part of the AICPA Scholarship for Minority Accounting Students for the 2014-15 academic year.

As the crisp autumn air signals the start of a new school year, thousands of accounting students nationwide will begin or continue their education at their respected schools. In light of this, LinkedIn has ranked their top 25 accounting schools, based on their own research of successful accounting professionals on the social networking site.

While there are many well-equipped organizations for accountants in the United States and Europe, much of the developing world is still missing robust groups that can foster development of ethical practices for accountants and look out for their interests.

ALPFA, the largest Latino association in the country, has awarded Louis Miramontes and Suzette Longfellow of KPMG with the ALPFA Lifetime Achievement and Executive of the Year Awards, respectively, for their promotion of diversity and inclusion in the accounting profession.