PCAOB May 29, 2026
PCAOB Establishes Inspections Modernization Council
The Public Company Accounting Oversight Board is forming a new advisory panel as the regulator looks to modernize how it inspects the work of public company audit firms.
May 15, 2014
Manufacturers Say Lack of Skills Leave Jobs Unfilled
One in three manufacturers surveyed by the Federal Reserve Bank of Philadelphia said they have experienced significant labor shortages, with some positions remaining unfilled for more than three months.
May 15, 2014
Mitt Romney Supports Minimum Wage Increase
Former presidential candidate and Massachusetts Governor Mitt Romney said last week that he supports an increase in the minimum wage, in stark contrast to many in his party.
May 15, 2014
Intuit Acquires Online Accounts Payable System Invitbox
Intuit announced late Wednesday that it has acquired Invitco. The Australia-based company is the developer of Invitbox, an online system for managing accounts payable. Intuit is the company behind QuickBooks, TurboTax, Quicken, Mint and many other small business and financial management systems.
May 14, 2014
Intuit Marks First “Accountant Day”
On May 8, Intuit market the first-ever Global Accountant Day (Twitter: #accountantday), bringing the company's more than 250 accountant-facing employees a challenge to put aside their day-to-day work to reach out and interact with an accountant.
May 14, 2014
The Friendliest Cities for Small Business Workers
Small businesses employ about 47% of non-government workers in the U.S., pay more than 40 percent of the private payroll, and create more than 60 percent of the new jobs added over the past 20 years, according to the U.S. Small Business Administration. However, not all states and cities are the same when it comes…
May 13, 2014
IASB Issues Amendments to Property, Plant and Intangible Asset Accounting Standards
The IASB has clarified that the use of revenue-based methods to calculate the depreciation of an asset is not appropriate because revenue generated by an activity that includes the use of an asset generally reflects factors other than the consumption of the economic benefits embodied in the asset.
May 13, 2014
BDO Acquires Fort Worth Accounting Firm
The national accounting and business services firm BDO USA is acquiring the Fort Worth, Texas-based firm of Hartman Leito & Bolt, the firms announced on Wednesday.
May 13, 2014
How to Discourage Clients from Price Shopping
Do clients ever tell you they’ve priced-shopped your services? Do they ever leave with no explanation, maybe because they were price focused? Or are you worried you’ll have to lower your prices or continue to forego increases in order to retain good customers?
May 13, 2014
Holistic Accounting – A New Approach
In quiet conversations, the concept of holistic accounting is being examined and considered as the next major trend in client services. In a nutshell, holistic accountant addresses the client as a complete entity and seeks to help in meeting all of their business needs.
May 13, 2014
Tools for Helping Shoebox Clients Get Organized
When I look back on my time in practice, some of the biggest lies I ever told myself related to shoebox clients ever getting more organized on their own. I always wanted to believe that the client wanted to have a more structured organization system for their finances.
May 12, 2014
New SBA Startup Accelerator to Award $2.5M in Grants
The Small Business Administration is launching a $2.5 million competition for accelerators and other entrepreneurial ecosystem models to compete for monetary prizes of $50,000 each. To award the prizes, an expert panel of judges will consider each applicant’s stated mission, founding team members and business goals among other core components. The deadline for applying is…
May 12, 2014
California Small Business Owners Expect Growth
Eighty-six percent of California small business operators believe their businesses are moving in the right direction, and 87 percent expect growth in 2014, according to the third annual small business survey by San Diego-based California Bank & Trust.