Advisory

time-management-picture1_10724817

September 13, 2016 

Webinar Series Coaches Accountants On Building An Advisory Practice

Sageworks is producing a new, six-part webinar series for accountants, “Taking Accounting Services to the Next Level.” The free series, which launches on Sept. 20, will train accountants on exactly how to transition from a compliance-focused firm to a ...

change1_10723106

September 9, 2016 

Change Management in Accounting Firms

In today’s fast-paced, ever-changing environment, we must be prepared to pivot quickly. Doing things the way we’ve always done them just doesn’t work anymore. Author Alan Deutschman popularized the business catchphrase, “Change or Die.” And it’s truer than ever – remaining stagnant is a recipe for extinction. But we all know, saying you’re open to...…

Jim Boomer

overtime pay 1  57179433bb83f

August 30, 2016 

Accounting Firms Need To Review Payroll Risks

Aside from the costs of paying more overtime, CPA firms are likely looking into ways to manage their risks prior to the DOL deadline in December. Here are several tips from CPA Mutual and business advisory partner Enquiron with regard to overtime risk ...

BMSS website header 01 1  57c490d2c34f0

August 29, 2016 

Alabama Accounting Firms to Merge Staff of 140

Himmelwright, Huguley and Boles (HHB) has provided a broad range of accounting, tax, and advisory services since 1998 to both businesses and individuals—including several specialties that now broaden BMSS’ offerings. Specifically, the firm provides a ...

non profits1 1  552d321e446e5

August 25, 2016 

New Guidelines for Reporting for Not-for-Profits

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that simplifies and improves how a not-for-profit organization classifies its net assets, as well as the information it presents in financial statements ...

forecast_crystal_ball_prediction_1_.54751b596e141

August 22, 2016 

What the Future Holds for Accountancy

Everyday, across continents, time and money is being squandered on old accounting practices. Of the United States’ 29 million SMBs (Small and Medium sized Businesses), just five million use dedicated accountancy software. This leaves some 24 million ...

Mike Galarza

Ransomware 1  5797916bd77cf

August 22, 2016 

Ransomware: Is Your Accounting Firm At Risk?

Ransomware is a type of malicious software that encrypts files, blocks access to computer systems then requires an anonymous payment, and has the ability to make a dramatic and devastating impact on your business. A recent report released by the FBI ...

Christopher Stark

 KPMG and Vertex Partner for Indirect Tax Compliance

August 19, 2016 

KPMG and Vertex Partner for Indirect Tax Compliance

The alliance combines KPMG’s tax services and global indirect tax experience with Vertex tax technology to help companies more effectively address their indirect tax reporting and operations, including global tax compliance requirements.

Fraud Definition iStock 4 11 13 1  57a35565088db

August 18, 2016 

Fraud Examples Demonstrate Need for RIVIO Clearinghouse

The new RIVIO Clearinghouse (see accompanying article) is a solution to a problem of financial hijinks with which you might not be familiar. After all, most CPAs perform their services ethically and expect their clients to represent their financial ...

Gail Perry