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Value pricing, also known as fixed-fee billing, is attractive on some levels to both accountants and their clients: accountants, because they get their fee up front, normally at a premium above their time-based billing; and clients, because it provides them with certainty about the services they will receive and the fee they will be billed.
November 4 -
Check out the digital edition of the November 2011 issue of Accounting Today.
November 4 -
The Financial Accounting Foundation plans to host a series of three public roundtables early next year and a live webcast later this month to give constituents an opportunity to provide their feedback on its recent proposal to create a Private Company Standards Improvement Council.
November 3 -
The spectacular bankruptcy of MF Global this week has led to speculation about what led to the brokerage firm’s downfall.
November 2 -
The Public Company Accounting Oversight Board has agreed to cooperate with Israeli financial regulators on exchanging confidential information about auditing and accounting firms.
November 1 -
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The American Institute of CPAs has thrown down the proverbial gauntlet to the Financial Accounting Foundation, passing a resolution giving its board the option to create a separate body to develop accounting standards for private companies.
November 1 -
Accounting firms that have been able to report increased revenues during the economic downturn often have niche services, strategic promotion of these services, and a hard push behind their best people and expertise to thank for that growth.
November 1 -
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Candidly, it has taken much longer than it should for us to fully comprehend and explain the gaping distinction between financial accounting and financial reporting. Since we figured it out, though, we've looked at things differently, to the point that we now believe a company's own transactions are not valid sources of useful information.
November 1