Yearly Archives: 2015
Studies have shown that accounting students and recent accounting graduates see the CPA as a valuable credential in the field. Recent findings by the AICPA discovered that one of the most influential factors in the decision to take the CPA exam is the workplace. So, how can a company encourage young accountants to take the […]
The AICPA and the National Association of State Boards of Accountancy recently proposed changes in the methods used for educating CPAs to the Statement on Standards for Continuing Professional Education (CPE). Among the methods, nano-learning and blended learning were mentioned. Implementing these two emerging methods would align the standards with recommendations of the AICPA Future […]
When a client starts a new business, the first question is choice of entity. The advice you offer is arguably the most important advice you will ever offer the client, given the wildly different ways that entities are taxed. The second question is, perhaps, the tax consequences of changing the original choice. Congress continues to […]
For better or for worse, tax structure will likely change with marriage. While not a driving factor behind the decision to (or to not) get married, this change is something couples should think about and discuss. If you’re counseling clients about to tie the knot, here are five scenarios they might face. If one of […]
Leadership and strategic thinking are basic skills that any professional needs to possess in order to advance in their career. However, a recent survey of hiring managers discovered a large gap between the skills entry-level workers needed and the skills they possessed. The survey found that 80 percent of the company hiring managers were searching […]
Now that you have made it through yet another tax season it is time to start thinking about what to do next. Is it too soon to start preparing for next tax season? Should you start looking for new clients? Here is a list of great things to take advantage of the post-tax season time […]
Starting out in a firm, new employees are inspired to stay with a single company and work their way to the top over time. How are these firms growing alongside their talented employees? Firm profitability is a major part of running a business, and this list includes important attributing factors to help increase profitability. […]
With the ever-growing online software systems for finances, things are getting easier for customers and more difficult for the employees trying to reach them. Are financial advisors at risk with the newest advising software? Financial advisors are often out of many people’s price range, but this new online application is free – applicable to […]
2015 has been a great year for female executives in the accounting industry, as two of the Big Four accounting firms have named female CEOs. KPMG announced its first-ever female CEO, Lynne Doughtie, on April 21. This might seem like a big milestone for the industry, but statistics have shown an increase in women in […]
During the 2012 presidential election, the Obama and Romney campaigns received over $4 billion from individual donations, political parties, action committees and congressional candidates. The total amount comes to over $4 billion, which is less than the 2012 GDP of Sweden, Austria, Chile and other small countries. Of that $4 billion, almost $602 million […]
