Audit & Accounting

While the outcome of the 2012 election is still up in the air, the nation's accountants are putting their money behind a candidate many of them hope will change Washington -- Republican Mitt Romney.

This past year, nonprofits have continued to be a lagging economic indicator, adopting several strategies from their leading for-profit counterparts to survive a slow and delayed recovery.

The past tax season saw continued growth in the do-it-yourself market, while the complexity of the Tax Code, and the likelihood of end-of-year or next-year retroactive changes, will increase the need for software at both the consumer and professional levels.

A little (blue) bird suggested paying attention to these worthy handles

IMGCAP(1)]We here at Accounting Today are pretty proud of all of our various lists, from our Top 100 Firms and Top New Products reports in late winter, to the series that we're in the middle of now, which runs from our VAR 100 and Top Firms by AUM lists through last month's Top 100 People and this month's Managing Partner Elite, and on through our Best Firms to Work For roster, the members of which were recently announced -- though we're holding back the actual ranking of the list until the end of the month.

Letters to the editor from our October issue

An AP accounting course could be a global passport to the profession

Several months ago, the Mitt Romney campaign made his 2010 return public, along with an estimate for 2011. I had no intention of reviewing it, but sometime in mid-August, I linked to the return from a news story about the $4.8 million capital loss carryover on his 2010 Schedule D.

There are basically two types of succession plans. one addresses the transfer of the practice at a time of the owner's choosing. The second addresses a transfer in the event of death or disability of the owner - a disaster.

Why has the U.S. developed such outstanding women leaders across the board and yet, when it comes to the accounting profession, there is a significant gap?