Latest Articles

August 20, 2018 

One of the top challenges business executives face today is finding and retaining the best and brightest employees in their industry.

Heidi Mausbach

August 20, 2018 

Four Ways to Evolve Your Auditing Firm Today By Matt Towers, Product Manager, Thomson Reuters Tax & Accounting By now, most of us have been exposed to some sort of doom and gloom message about automated systems and ‘robots’ taking over the future of the tax and accounting profession. Google “jobs most likely to be...…

August 20, 2018 

Bill Would Allow IRS to License and Regulate Tax Preparers By Isaac M. O’Bannon, Managing Editor Senator Rob Portman (R-Ohio) has introduced a new bill in the Senate that would give the Internal Revenue Service the authority to regulate income tax return preparers. The bill is cosponsored by Senator Ben Cardin (D-Missouri). The IRS attempted...…

August 20, 2018 

In case you haven’t noticed, getting fed by phone is very commonplace these days. Whether you’re calling in for lunch at the office, getting home at the end of the day and feeling too exhausted to cook, requesting food for a party, making sure your ...

Gail Perry

August 19, 2018 

I recently spoke at a BDO Alliance conference where the theme was identifying traits of high performing firms and their leaders. One speaker used a bell curve to describe ‘best in class’ firms, with the majority of firms falling in the middle or ...

Marc Rosenberg

August 19, 2018 

Change vs. Old School is something the accounting profession has had to deal with in recent years too, and while that theme isn’t new to these pages, I’d like to give it a bit of a different twist.

Gail Perry

August 19, 2018 

Most businesses will take control of their own energy use by generating a quarter of their electricity onsite by 2025, with 81% of U.S. businesses predicting this change will take place in just seven years.

August 19, 2018 

Conduit debt obligations are debt instruments issued by a state or local government to provide financing for a specific third party that is primarily liable for repaying the debt instrument. Third parties sometimes seek this kind of financing for ...

August 19, 2018 

Here are three sales tax mistakes a lot of small business owners make when they’re first starting out (and in some cases, even after they’ve been up and running for years).

August 19, 2018 

In 2016 the FASB issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), that establishes the principles to report transparent and economically neutral information about the assets and liabilities that arise from leases.

August 19, 2018 

Almost half (48.3 percent) of risk and compliance, internal audit, C-suite executive and board professionals plan to modernize their compliance functions by changing core compliance execution practices during the next 12 months, according to a recent ...

August 18, 2018 

How to Smoke the Competition When Marketing to Cannabis Clients By Becky Livingston, Penheel Marketing (https://penheel.com) As of August 2018, 31 states and D.C. have laws that broadly legalize the use of marijuana. What does that mean for accounting firm’s looking to increase clients in this area? Opportunity! As with any new industry, accountants have...…