Latest Articles

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February 23, 2017 

New Income Tax Form Needed for S-Corps, Says AICPA

The form proposed by the AICPA in its February 21 letter would be a required attachment to any income tax return and would include items of income, loss, deduction or credit of an S corporation. The purpose of the form would be to compute the S ...

Excel

February 23, 2017 

Excel Isn’t Dead: 87% of Accountants Say It’s a Critical Tool

Many have tried to portend and then confirm the death of Excel, and much like the aforementioned quote from Twain, such an event has been greatly overrated. Consider this: though many have attempted to replace what can only be considered one of the ...

cfo cloud

February 23, 2017 

CFOs Say Data Integration is Top Technology Hurdle

CFOs report that their teams continue to spend very little time on strategic tasks—just 17%—and remain reliant on the standard processes and technologies that negatively impact their ability to deliver actionable information. That's according to the ...

 Small Businesses Confident, But Cautious of Economic Instability

February 23, 2017 

Small Businesses Confident, But Cautious of Economic Instability

According to Xero’s second annual Make or Break Report, which examines the opinions and character traits of both small business owners and small business accountants in the U.S. and U.K., both owners (79 percent) and accountants (84 percent) feel more ...

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February 23, 2017 

CFOs Reveal Top Frustrations

Senior finance professionals deal with tough stuff daily. From closing the books, collaborating across teams, or choosing the right tools, financial decision makers need to ensure their decision is the best one for the organization.

Content-Audit1

February 22, 2017 

AICPA Revises Auditing Standard on Going Concerns

The AICPA’s Auditing Standards Board (ASB) has issued Statement on Auditing Standards (SAS) No. 132, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern (AICPA, Professional Standards, AU-C sec. 570).