July 22, 2015
Safeguarding one’s finances in case of a catastrophic event is an often overlooked aspect of disaster preparedness. To help people mitigate potential damages and lessen the financial blow of a disaster, The American Institute of CPAs (AICPA), American ...
July 22, 2015
Thomson Reuters has released a special report on school district auditing to address the unique characteristics of planning and performing audits for public school districts and provides tips to help professionals perform effective and efficient school...
July 22, 2015
The Internal Revenue Service (IRS) is currently planning activities to address a recurring financial material weakness in its internal control over unpaid tax assessments. However, planning for the Customer Account Data Engine 2 (CADE 2) Transition State 2 (TS2) has not included specific actions and activities necessary to guide new system development efforts and to...…
June 16, 2015
Taken to extremes, ownership percentage can be used to drive all of the “big 4” partner issues: partner income allocation, partner buy-in, partner buyout and voting. At many firms, ownership percentage may not be the sole driver of these partner ...
May 7, 2015
From transportation to communication to currency, technology is transforming nearly every aspect of business. Accounting is no exception, and research shows keeping up with technological advancements is the greatest source of pressure for the profession t
April 10, 2015
This widespread dissatisfaction could be due to the fact that nearly 70 percent of finance leaders use a “last year plus percentage” budgeting technique, which is based on prior year figures plus a percentage to take into account planned business growth.
April 6, 2015
Four in five Americans believe not-for-profit employees should be exposed to the same training as finance professionals at other businesses
March 5, 2015
Business executives are taking a more tempered view when it comes to expectations for profit, revenue and expansion in the coming year, according to the first quarter AICPA Economic Outlook Survey, which polls chief executive officers, chief financial off
November 12, 2014
Avalara, a provider of cloud-based software for sales tax and other transactional tax compliance, has raised $100 million in a financing round from an affiliate of Warburg Pincus, a global private equity firm focused on growth investing.
September 23, 2014
Not properly mitigating risk when expanding to emerging markets, lacking an accurate understanding of the impact of natural capital and failing to create the proper ethical culture can all prove to be weak links in a company’s value chain.
September 12, 2014
The small business owner continues to be at the heart of the QuickBooks ecosystem. With every product, service and feature released, Intuit seems to be determined to make the next step even easier than the previous. So, it was no surprise when Intuit launched QuickBooks Financing to help with what remains a big challenge for...…
July 16, 2014
The online small business accounting system Xero now has the ability to integrate with Silicon Valley Bank, a technology and start-up focused financial institution, the companies announced on Wednesday morning.