Latest Articles

 IFRS Taxonomy 2014 Now Available

March 5, 2014 

IFRS Taxonomy 2014 Now Available

The IFRS Foundation has published the IFRS Taxonomy 2014. The IFRS Taxonomy is a translation of International Financial Reporting Standards (IFRS) into eXtensible Business Reporting Language (XBRL).

 Cashier Admits Embezzling $1 Million to Hide Online Affair

March 5, 2014 

Cashier Admits Embezzling $1 Million to Hide Online Affair

A tale of sexting, blackmail and embezzlement involving two couples in Ohio and West Virginia reached a head last week when one of the parties, a former Bethany College cashier, admitted to stealing $1 million from the school to keep an online affair secret from her husband.

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March 4, 2014 

How Accounting Firms Should Handle Client Complaints

Nine out of ten times, when a client complains about a price, the price is not the real problem, the problem is some aspect of the service, but the client may not know how to articulate their real complaint, so they focus on price. If you ask why, you can find out the real problem.

 Training, IT and Disaster Recovery Top List of Firm Concerns

March 4, 2014 

Training, IT and Disaster Recovery Top List of Firm Concerns

The accounting association, CPAmerica International, released the results of its second Information Technology (IT) Benchmarking Survey to all its participants. The online survey collected data from association members in order to provide benchmarking data on software, certifications, training and disaster recovery.

 CohnReznick to Consolidate Offices in Downtown Hartford

March 4, 2014 

CohnReznick to Consolidate Offices in Downtown Hartford

CohnReznick, with operations concentrated in the Northeast and Middle Atlantic States, will combine its offices in Glastonbury and Farmington and lease 50,000 square feet on the top two floors of the Metro Center tower on Church Street. The lease runs for 11 years, and the move is expected in November.

 What Obamacare Means for Individual Taxes

March 4, 2014 

What Obamacare Means for Individual Taxes

It won’t affect your 2013 tax return, but the National Society of Accountants (NSA) points out that the ACA will soon increase the complexity of tax filing with new rates and regulations that you – and your tax preparer – must know.