Accounting August 4, 2026
Last Call for Innovation Award Nominations: Closes Sept. 8
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
May 19, 2014
GASB Releases Exposure Draft on Fair Value Measurement and Application
The Governmental Accounting Standards Board (GASB) today issued for public comment a proposed Statement addressing accounting and financial reporting issues related to fair value measurements.
May 19, 2014
Small Business Optimism Increases, But Uncertainty Persists
Small business optimism increased in April, according to the National Federation of Independent Businesses. The group's April index rose 1.8 points to a post-recession high of 95.2. The economy continues to perform modestly and April’s index followed suit as it crossed the 95 marker for the first time since 2007. Seven Index components improved, one…
May 19, 2014
Oregon Couple Honored as Small Business Persons of the Year
Burning the candle at both ends, an Oregon couple is now experiencing the sweet smell of success. Husband-and-wife team Billy Taylor and Brook Harvey-Taylor, the founders of Portland, Ore. based company – Pacifica, have been named today this year’s National Small Business Persons of the Year at the U.S. Small Business Administration (SBA), National Small…
May 15, 2014
Sage Launches ERP X3
Sage North America has announced the release of Sage ERP X3 version 7, a global business management solution for midsized companies, designed to address businesses’ top challenges of winning new customers, reducing operating costs and growing revenue. Because companies with more accessible, usable data grow faster, Sage ERP X3 version 7 brings flexibility and an…
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?