CPA and Accounting Articles
These CPA articles will give you the news and information you need to stay up to date in the ever changing CPA industry.
January 31, 2012 – 23 views
Alexandra DeFelice -Don't use your desk as a storage station.
-Put client files on the floor rather than on your desk.
-Learn to respond to client requests based on your existing schedule as opposed to “ASAP.”
-Make changes and communicate those changes with your clients. Full Story
January 24, 2012 – 28 views
AccountingWEB - AccountingWEB-Complaints about corporate self-congratulation and optimism are a common feature of securities lawsuits.
-Sued firms use substantially more optimistic language in their earnings announcements than do non-sued firms.
-Study results indicate shareholder litigation could be an effective ex post mechanism to assure investors that managers are not simply engaging in cheap talk when they use optimistic language. Full Story
January 17, 2012 – 39 views
Anne Rosivach The FASB has taken steps to identify and make decisions/tentative decisions regarding current accounting standards as they apply to private companies.
The FASB has issued an Accounting Standards Update on Goodwill Impairment, adding a standard-setting project and a separate research project on fair value measurement for private companies.
Efforts are being made by the FASB to convince private companies and their auditors, bankers, and investors that it has paid attention to the conclusions of the Blue Ribbon Panel on Private Company Financial Reporting. Full Story
January 10, 2012 – 56 views
Deanna C. White National Treasury Employees Union (NTEU) President, Colleen M. Kelley, is understandably "pleased" that Congress finally put away its bipartisan bickering, allowing President Obama to sign into law December 23 a large scale omnibus spending agreement. The agreement will avert a "costly" government shutdown and fund government services for the rest of the fiscal year. Full Story
January 5, 2012 – 49 views
Anne Rosivach The Institute of Management Accountants (IMA), which has offered the Certified Management Accountant (CMA) credential since 1972 and represents more than 60,000 accountants and financial professionals in business worldwide, is facing "fierce competition" from a new management accounting designation – Chartered Global Management Accountant (CGMA) – that will be launched by the American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA) in January 2012, according to Jeffrey Thomson, IMA President and Chief Executive Officer. Full Story
December 27, 2011 – 41 views
AccountingWEB Staff On December 9, Thomson Reuters announced it had acquired Emochila, a leading Web site design company that works specifically with accounting and tax firms. Thomson Reuters and Emochila will now work in collaboration to assist accounting professionals in creating and maintaining their Web sites. Full Story
December 20, 2011 – 53 views
Brett Owens Strategy 1: Focus on the single-most important item on your to-do list
Strategy 2: Automate everything to expand your productive time
Strategy 3: Ditch most of your social media efforts Full Story
December 13, 2011 – 60 views
Hugh Duffy Your Web site should be a profit center for your accounting practice and generate a steady flow of qualified leads. If it is not, then something is wrong.... Full Story