AT Think

Forget about setting up a post office box in Switzerland or Grand Cayman Island. The small village of Mark, Ill., is allowing one fuel oil company to save about $23 million in sales taxes, interest and penalties.

As the face—and gender—of leading accounting professionals is expected to change with the next generation, women will be critical to the success of their firms, according to the 2011 Accounting MOVE Project Executive Report released today.

One of my partner clients logged 127 personal billable hours during the last week of tax season. As hard as this is to imagine, think about only getting paid for about 90 of those hours. That’s right—give 30 percent away for free.

Two of the standards-setting boards that operate under the auspices of the International Federation of Accountants have issued proposed revisions in their standards for assurance engagements other than audits or reviews, and in the area of public sector accounting.

Business professionals already have limited time to workout. When adding the variable of traveling into the mix, things only get more complicated.

The International Accounting Education Standards Board is proposing changes in how the professional competence of accountants should be assessed.

A team of accounting students from the University of California, Berkeley captured first prize last week at the Deloitte Foundation-sponsored 16th annual National Student Case Study Seminar in Scottsdale, Ariz.

Grant Thornton LLP is planning a major marketing campaign later in the year to reposition the Chicago-based firm around the world.

Seth Godin’s book The Dip is an insightful, quick read that tackles an almost un-PC question in the business world: Should you give up?

The Houston CPA Society presented a check for $152,435 to the Make-A-Wish Foundation of the Texas Gulf Coast and Louisiana from the proceeds for the society’s 20th Anniversary Golf Classic last fall.