January 27, 2014
Applications for the AICPA's Accounting Scholars Leadership Workshop are now being accepted. Now in their 20th year, the Workshops are an annual invitational program for minority accounting students who plan to pursue the CPA designation.
January 23, 2014
Small businesses are hiring, and employment at smaller firms grew in Illinois and Indiana last month.
January 23, 2014
Like most other restaurants in Maine, DiMillo's On the Water in Portland says it will no longer charge automatic gratuities for most large groups now that a change in the federal income tax code has closed a long-standing loophole.
January 22, 2014
Of the more than 119 million households in the U.S., about 6 million, or five percent, of them include a millionaire, according to a new report. But where do they live?
January 22, 2014
U.S. private-sector franchise jobs increased by 30,250 during the month of December 2013, according to the ADP National Franchise Report. BThe report measures monthly changes in franchise employment derived from ADP’s actual transactional payroll data.
January 22, 2014
A new survey shows that even though regulators are increasingly looking at conduct risk by companies, there is still great disparity in how firms are defining conduct risk and similarly how regulators are referring to the concept.
January 22, 2014
Online accounting software maker Xero has released a new collection of critical tips and advice from accountants that is designed to help small businesses improve operations in 2014.
January 22, 2014
The Financial Accounting Standards Board (FASB) today issued two updates to U.S. generally accepted accounting principles (GAAP) that provide alternatives for private companies on the subsequent accounting for goodwill and for interest rate swaps—specifically a simplified hedge accounting approach for certain types of swaps.
January 21, 2014
Amazon.com will begin collecting sales tax in North Carolina beginning Feb. 1, a company official confirmed Monday.
January 21, 2014
The second annual Newton D. Becker Scholarship Program is now accepting applications. The scholarship benefits college students who are pursuing the Certified Public Accountant (CPA) credential, and will award more than $200,000 in financial assistance including 20 full CPA Exam Review scholarships (all four parts of the exam), each valued at $3,360, and additional scholarships…
January 20, 2014
One of the more interesting aspects of blogging, as opposed to filing hard news stories each day, is that I have a little more time to watch battle lines being drawn. And if the lines being drawn now are any indication, 2014 should be a fun year to watch as companies and politicians enter the…
January 17, 2014
With one-man firms comprising roughly 40% of the accounting services industry, according to IBISWorld, and around one-third of all CPAs admitting to a bit of moonlighting in a 2008 Bay Street Group survey, it’s clear that a large segment of the industry has more than just its clients’ small business needs to deal with.