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

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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.

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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

millennials1

August 18, 2016 

3 Ways Accounting Firms Can Reach Millennials

If you’re part of an accounting firm, there is no denying the importance of reaching this age group. By 2020, 46% of all U.S. workers will be millennialsi. By 2025, that number could rise to 75%ii. While the business world is making strides to attract ...

Jon Baron

Why Some Forecasting Can Be a Waste of Time 1  579fb2ab9e63a

August 18, 2016 

Apps We Love – Time Killers

You’ve got five minutes to spare and your phone in your hand – how do you use your time? We asked members of the CPA Practice Advisor community to share their favorite time-kill apps and this is what we learned.

Gail Perry

scholarships 1  54ac40ea40bc9

August 16, 2016 

BKR Awards $12,000 in Accounting Scholarships

The global association of accounting firms BKR International recently presented its annual scholarship awards to honor accounting students around the world for their exemplary academic achievements in the accounting profession.