How to Increase Firm Profitability
Starting out in a firm, new employees are inspired to stay with a single company and work their way to…
Should Financial Advisors Be Worried for their Jobs?
With the ever-growing online software systems for finances, things are getting easier for customers and more difficult for the employees…
The Big Four Gains its Second Female CEO
2015 has been a great year for female executives in the accounting industry, as two of the Big Four accounting…
Campaign Finances: What Your Clients Need to Know
During the 2012 presidential election, the Obama and Romney campaigns received over $4 billion from individual donations, political parties, action…
Importance of Cybersecurity to Consumers
In a survey by AICPA, 25% of Americans say they have been victims of cyber attacks. This number has drastically…
FASB Delay in Revenue Recognition [Video]
As you may have heard, last week FASB issued a proposed Accounting Standards Update that would defer the effective date…
Going Concern Issues in Audits, Reviews and Compilations
Think you don’t need to worry about going concern disclosures because the new FASB rules aren’t in effect yet? Well,…
Looking for a way to opt out of the recent GAAP changes?
Smaller, non-public entities now have that option. Through AICPA's Financial Reporting Framework for Small and Medium Sized Entities (FRF for…
Senior-Level Interview Tips
Senior- level interviews are critical for candidates to demonstrate their skills and abilities. However, carrying out this task without seeming…
What CPAs Can Learn from Arabian Horses
Written by Guy Schmitz J.D., LL.M. Code §183(a) generally disallows any deduction attributable to an activity “not engaged in for…