AT Think

What will the accounting profession look like five to 10 years from now? As a young professional, this is a critical question to ask ourselves.

Power issues at the Intacct Advantage 2010 partner conference in Burlingame, Calif., concerned attendees and Intacct employees as the venue’s host — the Hyatt Regency San Francisco Airport — was without power for about 12 hours on Sunday and at the beginning of the conference launch reception on Monday.

Business owners report needing to spend less time managing their business in order to grow them, according to a survey released by payroll provider ADP.

Warren Buffett’s holding company Berkshire Hathaway certainly has an interesting way of replying to questions from the Securities and Exchange Commission.

IMGCAP(1)] Someone made the comment about being an inspiring woman in the profession. I turned to look to see who this person was talking about…and it was me! What? When did that happen? I’m not really sure myself. All I know is that over the past few years I’ve been speaking out, trying to educate the profession and help my fellow colleagues in such areas as technology and innovative practices.

A couple of colorful tax strategy monikers have emerged to describe the elaborate steps that Google and other companies employ to shift their U.S. tax burden overseas.

IMGCAP(1)] In an ideal world, everyone’s fitness and health would be monitored 24 hours a day like something seen on “The Biggest Loser.”A team of fitness professionals watching your every move, conspicuous cameras catching even the slightest of “cheat” snacks, and a team of goal-oriented individuals surrounding you are just the highlights of what this kind of environment provides.The reality is that most people do not have access to these kinds of all inclusive environments.

A New Jersey man could be facing nearly a year in prison after he cashed a $158,174 refund check from the IRS that was supposed to go to his former employer.

IMGCAP(1)] There are many discussions going on about the use of social media among accountants. Surely there are folks who don’t understand the value of these mediums, mostly due to inexperience in using them. “Why should I go on Twitter and tell someone what I’m doing? Who is going to care?”

The Internal Revenue Service is opening the proverbial Al Capone vault on its income tax statistics, stretching back nearly a century.