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The release of tax returns of presidential candidates has again brought popular media coverage of the issue of what is reasonable compensation for S corporation shareholders.
March 1 -
It is well past the time to think of accountants as bean counters. Unfortunately, the recent piece by Professors Miller & Bahnson ("Some evidence that the AICPA's management has lost its focus," December 2011, page 20) places the profession back into the audit closet.
March 1 -
Wait a second. Why can't I get around the IT guys altogether and outsource all of our applications to the cloud? That way I can keep all of my company's software databases, have someone else host it for me, and only pay a monthly fee for the server I put it on, right?
March 1 -
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For The Spirit of Accounting's 10th anniversary in 2006, we reminisced about events over that decade, including this synopsis of a misjudgment that may be the worst ever:
March 1 -
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For most major accounting firms, the Enron era set profitability back decades when they were forced to abandon their highly lucrative consulting arms in an effort to shed even the vague appearance of a conflict of interest.
March 1 -
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Aside from the meltdowns of the financial markets in the past decade, arguably not much has garnered more attention than international and emerging market investing.
March 1 -
Establishing a brand as a CPA firm is something that can take a lifetime.
March 1