Accounting

July 6, 2016 

The survey also reveals that many organizations face a large challenge in moving toward a higher maturity of GRC activities – 43 percent of respondents say they are operating their compliance efforts at an ad hoc or fragmented/siloed level.

July 6, 2016 

The Xero content pack will deliver Xero’s 700,000+ users access to analyze their own small business data, based on twenty-five pre-built tiles that surface insights so small businesses and their advisors can make smart, data-driven decisions in minutes.

July 5, 2016 

Does your business provide meals to its employees in your own cafeteria or by other means? Generally, the cost of this fringe benefit is deductible by the business and tax-free to the employees, but only as long as certain tax law requirements are met.

July 4, 2016 

Retreats are not intended to be a walk on the beach. Effective retreats address tough issues. A healthy amount of conflict and disagreement serves as evidence that the group is addressing important, sensitive issues. Firms that adhere to these ...

July 4, 2016 

The real second shift in accounting technology will come by way of Blockchain and it is starting to take shape. Accountant’s role is starting to shift from bookkeeper to business consultant. People skills have become just as important as keeping the ...

July 4, 2016 

Technology helps workers stay connected while away from the office, but often causes them to disconnect while in the office, leading to a negative impact on productivity.

June 29, 2016 

The paperback version of Next-Level Accountants: Your guide to growing a firm of trusted advisors is now available. The book that brings together top accounting and valuation industry thought leaders to provide advice on how firms can add value to client engagements and grow their practices. Just in time for summer reading, the book is now...…

June 28, 2016 

Each year, The Society and The CPA Endowment Fund provide about $185,000 in financial support and outreach assistance to qualifying students who are working towards becoming CPAs. ICPAS scholarship programs are funded by contributions to the CPA ...

June 28, 2016 

What’s better than a salary increase? For many employees, the addition of an equivalent fringe benefit may be preferable, due to the tax consequences. For example, if an employee is in the 25% federal tax bracket and receives a $10,000 raise, he or ...

June 28, 2016 

Performance review meetings can bring stress to both sides of the table. But it doesn't have to be that way. With the right planning by supervisors, the meeting can be a productive, stress-free event. Business Management Daily's Editorial Director ...

June 28, 2016 

This quarter, the top five external risks cited were: 1) oil/commodity prices, 2) U.S. economy pullback, 3) new/burdensome regulation, 4) the upcoming election/political uncertainty in the U.S., and 5) global growth/recession/volatility and capital ...

June 27, 2016 

60 percent of respondents indicated that they are running behind schedule in their overall implementation of the standard, which has an effective date as early as January 1, 2018, for many organizations.