Latest Articles

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May 2, 2013 

Why unified software databases is better for accounting firms

Darren Root and Chris Frederiksen, Chairman and CEO of 2020 Group USA, at CPA Practice Advisor’s 2013 Thought Leader Symposium, discuss unification of accounting software databases, professional time management tracking, and value pricing in tax and accounting firms.

 $520M Shortfall for Pennsylvania Budget

May 2, 2013 

$520M Shortfall for Pennsylvania Budget

An estimate released Wednesday by the state's Independent Fiscal Office shows a $520 million shortfall between projected general fund revenues and Gov. Tom Corbett's proposed budget through the end of the next fiscal year.

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May 2, 2013 

Next Generation Strategic Partner Retreats

Learn from a team of the profession’s most respected thought leaders, led by Darren Root, CEO of RootWorks, president of Root & Associates, Executive Editor of CPA Practice Advisor and co-author of The E-Myth Accountant.

 Diebold cutting 700 jobs

May 2, 2013 

Diebold cutting 700 jobs

Struggling Diebold Inc. started 2013 with one major job cut -- that of now former Chief Executive Officer Thomas Swidarski.

 IRS Digging into Taxpayer Holdings in Caribbean Banks

May 2, 2013 

IRS Digging into Taxpayer Holdings in Caribbean Banks

A federal court in San Francisco has granted an order authorizing the U.S. Internal Revenue Service (IRS) to serve a summons seeking information about US taxpayers who may hold offshore accounts with FirstCaribbean International Bank (FCIB), a subsidiary of Canadian Imperial Bank of Commerce.

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May 1, 2013 

KPMG’s Insider Trading Scandal: A Watershed for the Auditing Profession?

Recently, a KPMG senior audit partner leaked privileged client information to a "golfing buddy." This is not just another accounting or insider trading scandal. This event is different, and just may be a watershed for investors and the auditing profession. Grumpy Old Accountants provides commentary on contemporary accounting, auditing, and financial reporting issues. It is…