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An economic triple threat - the collapse of equity markets, declining top-line revenue, and stingy banks - makes it a risky time to be in business or investing, and equally risky to be a CPA.All businesses are being squeezed hard. This creates pressure to cut corners or ignore the facts. Human nature being what it is, you must be extra-vigilant. CPAs are also expected by clients - and juries - to "advise and warn" clients who are teetering on the brink of losing their credit and their footing in business. If CPAs don't, a possible lawsuit could easily follow.
February 23 -
You're reading Accounting Today - but you could be reading Accounting Tomorrow.We've launched www.accountingtomorrow.com to keep tabs on intergenerational issues that are popping up in firms today. Targeted at younger CPAs and the Baby Boomers who love (to hate) them, Accounting Tomorrow covers topics such as work/life balance, succession planning, recruiting and retention, diversity, and green initiatives, all with a cross-generational twist.
February 23 -
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AUSTRALIABlackLine Systems has established local operations in Sydney, with sales and customer service/support staffing to start, and training and implementation services to be added in the near future.
February 23 -
FEBRUARY24: Co-ops, National Conference of CPA Practitioners, Nassau/Suffolk Chapter. Holiday Inn of Plainview, Plainview, N.Y. Contact: Chapter office (516) 997-9500.
February 23 -
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McDonald’s Corp., I’m told, has employed at one time or another roughly 7 percent of the American workforce. In full disclosure, I’m a long-time stockholder and an occasional customer.
February 23 -
The Internal Revenue Service has published new tax-withholding tables as a result of the economic stimulus bill that should give most workers a bigger paycheck this spring.
February 23 -
The American Institute of CPAs’ board of directors has extended Barry Melancon’s term as president and CEO for another five years.
February 23 -
President Barack Obama is expected to release his budget proposal this week, and he reportedly plans to include tax increases to close the deficit.
February 23