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CPA firms that have expanded their practice into the personal financial planning market are likely finding that investors may be more optimistic today than they were a few years ago.
May 1 -
Since continuing professional education first became a requirement in 1972, it has gradually, if stubbornly, evolved with the changing needs of the profession.
May 1 -
Of all the news at Microsoft Dynamics' recent Convergence conference, it was, not surprisingly, its proposed cloud strategy that drew the most attention. Yet many questions remain as to exactly how the company plans to bring its products and partners with it to the cloud.
May 1 -
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As trusted advisors, accountants and auditors guide clients regarding various financial reporting, tax and management matters. A currently contemplated tax policy change may provide an ideal opportunity for advising clients.
May 1 -
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While the idea of managing a paperless office isn't entirely new to CPAs, there are still numerous firms that are only just starting to explore document management software and the processes associated with it.
May 1 -
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Our regular readers know that our shtick is criticizing generally accepted accounting principles, as well as those who create and implement them without fully anticipating their negative impact on the quality of the resulting financial statements. This time we're going after accounting for income tax effects, which has roots dating back to 1967 and APB Opinion 11. Even though the Financial Accounting Standards Board tried to reform tax accounting with SFAS 109 20 years ago, we don't see much actual improvement.
May 1