February 25, 2015
In a February 23 letter, FinREC Chairman Jim Dolinar and AICPA Investment Companies Expert Panel Chairman Brent Oswald expressed support for the FASB’s effort to provide consistency and transparency through alignment of disclosure and ...
February 18, 2015
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and ...
February 12, 2015
Are your clients in need of easy tools to help them manage their finances? There are many options available. We asked some of CPA Practice Advisor’s contributors, Thought Leaders, and award winners for recommendations of their favorite money management apps and have added a few of our own for your perusal. Mint.com – CPA Practice Advisor...…
February 6, 2015
Is write-up dead? No, but with the continuing move by small businesses to online accounting software, the way in which accountants provide this service is definitely changing.
December 29, 2014
The Financial Accounting Standards Board (FASB) today issued guidance intended to improve private company financial reporting regarding accounting for identifiable intangible assets in a business combination. FASB Accounting Standards Update No. 2014-18, Business Combinations (Topic 805): Accounting for Identifiable Intangible Assets in a Business Combination, is based on a consensus reached by the Private Company...…
December 5, 2014
When you start a new business, there’s a lot of behind-the-scenes work that must happen to ensure you are delivering a high quality product or service to your customers. This is especially true for payroll practitioners just starting out. As you gear up for your first filing season, now is the time to make sure...…
December 3, 2014
Payroll practitioners spend the end of the year helping their clients prepare for year-end and the upcoming year. But year-end planning isn’t just for the clients they serve. It’s equally as important that they spend time prepping their own businesses as well. There are a few items that you will want to ensure makes your...…
November 25, 2014
The Governmental Accounting Standards Board (GASB) has issued for public comment a Preliminary Views, Financial Reporting for Fiduciary Responsibilities.
November 18, 2014
Financial reporting fraud can prove costly for investors and other capital market stakeholders. A new report from the Anti-Fraud Collaboration takes a fresh look at best practices for fraud deterrence and detection, highlighting the critical importance of
October 20, 2014
The report provides an overview of the AICPA’s Accounting and Review Services Committee’s new standard, which clarifies and revises the Statements on Standards for Accounting and Review Services (SSARS).
October 10, 2014
Magtax is a year-end form compliance solution provided by American Riviera Software. Magtax is offered in two editions: Standard and Professional. Both offer similar functions, but this review will focus on the Professional edition. Basic System Functions – 4.75 Stars Magtax Professional comes with a five user license and provides for an unlimited number of...…
October 10, 2014
Laser Link is an easy to use year-end compliance reporting solution. Built around forms data entry screens, the system is easy to navigate and use. New for the current release is compatibility with Windows 8/8.1. Basic System Functions – 4.5 Stars Laser Link is a locally installed solution but is also capable for use in...…