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.
January 16, 2014
Self-employed workers, contractors and entrepreneurs often cite their independence as one of the biggest advantages to not having a traditional job, but being self-employed also means that individuals must exercise greater control over their retirement planning, since they usually do not have access to 401(k) pre-tax savings plans and automatic contributions.
January 15, 2014
BELFAST, Maine -- Following a 10-month police investigation, a 56-year-old Belfast woman has been charged in connection with the theft of $83,000 from her family's furniture store, where she worked at as a bookkeeper.
January 15, 2014
The American Institute of CPAs and the Chartered Institute of Management Accountants recently recognized six professors for two research projects that could have significant implications for the work of management accountants who guide the world’s businesses.
January 15, 2014
In a move the companies say will make managing payroll and accounting easier for small businesses, cloud accounting company FreshBooks and the web-based payroll developer ZenPayroll have announced a partnership that will integrate the two systems.
January 15, 2014
There's a new contest to help small business owners solve problems and find mentors for their startups.