Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
July 10, 2014
FASB Seeks Changes to Simplify GAAP
As part of a new initiative to reduce complexity in accounting standards, the Financial Accounting Standards Board (FASB) has added two short-term projects to its agenda to simplify Generally Accepted Accounting Principles (GAAP).
July 10, 2014
Report Says IRS Should Revise Form 1040
A new report by the agency that oversees the Internal Revenue Service says it's time to revise the ubiquitous Form 1040, the form used by individual taxpayers to report their annual income.
July 10, 2014
PCAOB Settles Suit Against Former Big 4 Accountant
Alleged violations involved ignoring or failing to properly address signs of improperly recognized revenue in significant unusual transactions.
July 7, 2014
July SALT Checklist
What should you be doing in your state and local tax practice this month? Here's your SALT checklist for July.
July 7, 2014
How Your Firm Can Set SMART Goals
Our minds are constantly at work coming up with great ideas about the things we should accomplish. Interestingly, however, we rarely formalize these thoughts into written goals.
July 2, 2014
MOVE Project Ranks Best Public Accounting Firms for Women
After evaluating accounting firms across the country on a variety of aspects including firm culture and partnership opportunity, the MOVE Project has released its fifth annual rankings of the best firms for female professionals. The MOVE Project is sponsored by the Accounting & Financial Women’s Alliance.
July 2, 2014
Small Business Economy Sees Modest Growth
Increases in small business lending, new business formations and a leading microcap index suggest that the small business economy is continuing to see modest growth, according to the latest SB Authority Index from Newtek Business Services.
July 2, 2014
Bookkeeper Accused of Stealing $400K
A 65-year-old New Mexico woman is accused of stealing nearly $400,000 from her employer, including forging more than 200 checks and paying $30,000 in mortgage payments via electronic transfers from her employer's account.
July 2, 2014
U.S. Breweries are Booming According to Census Bureau
Americans love their beer and the booming brewery market is the proof. The number of U.S. breweries more than doubled between 2007 and 2012, from 398 to 869, according to new data from the U.S. Census Bureau.
July 2, 2014
Report: 281,000 Jobs Added in June
U.S. private sector businesses added 281,000 jobs from in June according to the June National Employment Report, which is produced monthly by payroll and business services company ADP in collaboration with Moody’s Analytics.
July 2, 2014
Small Business Retirement Plans: SEPs Take the Easy Way Out
Most of your clients who are small business owners are consumed with their day-to-day operations. They usually don’t have the time, nor the inclination, to devote to administering a qualified retirement plan for employees, even though they also will benefit from it personally. For these harried entrepreneurs, a Simplified Employee Pension (SEP), also called a…
July 1, 2014
CohnReznick Named Among Best Firms for Women Professionals
The New York-based accounting and consulting firm CohnReznick was recently named one of the best firms for female professionals. The recognition was made by the Accounting & Financial Women’s Alliance and the American Woman's Society of Certified Public Accountants.