January 20, 2014
Does Your Firm Have a Data Breach Response Plan?
Accounting firms are repositories of personal information and have become targets for criminal hackers. They are like an auto accident waiting to happen.
January 20, 2014
One Accounting Firm’s Journey to a Hybrid Cloud
Our accounting firm, like many others is fully networked. All of our desktop PCs, printers and desktop scanners as well as two full size printers/scanners/copiers are connected. We have a dedicated fax line, a fax to email account, several automated email servers that are automated to send and receive emails from clients.
January 20, 2014
Does Mentoring Really Work for Accounting Firms?
As an avid reader and educator on talent development within our profession, I have long been an advocate of mentoring in order to develop future talent in our firms. The ideal is for firms to develop a program that pairs current leaders with future leaders to transfer knowledge and wisdom from one person to another.
January 17, 2014
Why Business Credit Cards Can Turn Company Accounting Into a Nightmare
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
ADP Assisting Businesses with Protective Claims Filing
U.S. Supreme Court Arguments Held Yesterday; Businesses Have Until April 15, 2014, to Reserve the Right for a Refund of FICA Taxes Remitted on Severance Pay in 2010
January 15, 2014
Developer Offers Free Practice Management System to Tax Firms
TaxWorkFlow, LLC announced today that it will provide its TaxWorkFlow practice management software free to tax professionals this tax season. The offer will be available to 100 tax firms on a first-come, first-served basis and will include a complete version of the software with instructional support to ensure that the system is implemented smoothly.
January 15, 2014
Ohio Accounting Firm Announces Name Change
The Ohio-based accounting and consulting firm Howard, Wershbale & Company, one of the top 200 accounting firms in the U.S., has announced that it is finished its rebranding as HW&Co.
January 15, 2014
CCH Names Shari Dodgen as Director of Strategic Relationships
Former CPA Practice Advisor publisher Shari Dodgen has been appointed as CCH's Director of Strategic Relationships
January 14, 2014
Financial Firms to Increase Technology Spending in 2014
Financial services firms, particularly investment firms and traders, are planning on investing more in technology in 2014, says to a new survey. The growth is intended to drive business growth and manage the market challenges in the coming year, according to the “A Look Ahead to Industry Technology Trends in 2014” survey conducted by IPC…
January 14, 2014
Book Offers Advice on When to Buy, Sell or Merge an Accounting Practice
The merger wave among CPA firms is expected to continue its strong pace in 2014, particularly among small to midsized regional firms, according to the authors of a new American Institute of CPAs-published book on acquisition strategies.
January 13, 2014
Braver Accounting Firm Merges into Marcum LLP
Braver PC, a full-service regional accounting firm with offices in Needham, MA, and Providence, RI, has merged into Marcum LLP, a top national accounting and advisory firm, effective January 1. All three Braver divisions, including Accounting, Business Strategies and Valuation Services, joined Marcum.
January 12, 2014
Backup is Still Important – Options and Strategies for Accounting Firms
Data is king. Keeping it stored safely and securely is critical. Whether you are operating in the cloud, from an office, or from your home you need to be thoughtful about your data. In my professional life, strategies for keeping data safe have been mandatory for over 40 years.