Accounting

 FASB Proposes Changes to Not-for-Profit Financial Statements

April 29, 2015 

FASB Proposes Changes to Not-for-Profit Financial Statements

The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) intended to improve the information provided in not-for-profit financial statements and notes to financial statements. Stakeholders are encouraged to review and comment on the proposed ASU, Presentation of Financial Statements of Not-for-Profit Entities, by August 20, 2015. “The proposed ASU contains...…

 Deloitte Partners with Accenture Duck Creek to Help Insurers

April 28, 2015 

Deloitte Partners with Accenture Duck Creek to Help Insurers

The Big 4 accounting and business consulting firm Deloitte has established a strategic alliance with Accenture Duck Creek to help US property and casualty insurers prepare for the dynamic changes that are reshaping the insurance industry.

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April 28, 2015 

The Most Effective B-to-B Sales Processes for Small Businesses

The small business mentoring organization SCORE has gathered statistics that report on which sources are providing small businesses with the best business-to-business (B2B) sales leads and what percentage of leads convert to each stage of the sales funnel

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April 24, 2015 

KPMG U.S. Names Lynne Doughtie as CEO

Lynne Doughtie has been elected to serve as the next Chairman and Chief Executive Officer of KPMG U.S. Doughtie currently leads KPMG’s Advisory business, and has distinguished herself in numerous leadership positions since launching her career ...

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April 24, 2015 

The Best and Worst-Paying Jobs in Every State

How much do accountants make in Minnesota? How about information security jobs in California? And throw in North Dakota, for instance, where some workers can earn more working in the oil patch than senior professional staff in an office cube farm.

 AICPA Urges IRS to Increase Safe Harbor Threshold

April 22, 2015 

AICPA Urges IRS to Increase Safe Harbor Threshold

AICPA says the de minimis safe harbor threshold amount under the tangible property regulations for small business taxpayers without an applicable financial statement (AFS) be increased from $500 to $2,500.