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Top Stories in Accounting in 2014
2014 was more a year of trends than of events the most important stories unfolded over months, and played out in firms across the country, rather than in the headlines.
With that in mind, here are our editors picks for the professions biggest stories of the year.
(Click here to see our Top Stories in Tax in 2014.)
9. New Ways to Learn
If you thought the webinar had changed continuing professional education, wait until some of things talked about in the American Institute of CPAs Future of Learning report come about. The May report outlined a whole new way of learning, grounded in technology and based on the revolutionary concept of competency-based learning, where youre judged on whether youve actually learned something, not how many hours you spent. Add to that the June announcement by the Ohio Society of CPAs that it would begin allowing CPE in increments of 10 minutes (several other states are considering or have approved similar moves), and its clear that a revolution is underway in accounting education.