Auditing / Government Auditing and Financial Reporting
The approval of GASB Statement no. 34 means state and local entities will have to make major changes in their financial reporting.
Tax
The U.S. Supreme Court ruled that states cannot impose discriminatory taxes on out-of-state corporations doing business within the state. Multistate corporations should compare their tax burdens in states where they are foreign corporations to weed out flawed state tax assessments.
Case Studies / Practice Development
Small and midsize CPA firms are joining associations to gain worldwide market share, an opportunity previously reserved exclusively for larger firms.
Banking
Treasury workstations are becoming an essential cash management tool for midsize companies. Let your computer call your bank to transfer funds, convert currency and find the best interest rates 24 hours a day—in every time zone. Sound good? Some people think so.
Software / Technology Workshop
This tutorial demonstrates how to use three powerful spreadsheet tools: Conditional Formatting, Subtotals and AutoFilter.
Investments
Finding the answers to some key questions about index funds and how they work will help CPAs assess whether they are the right investment for a client or employer.
Investments
Taxes and overhead can substantially shrink investment returns. For an active portfolio manager, these costs can create a hurdle to profitability that’s too high to leap. Pursuing a passive-management strategy may be a better way for an investor to achieve the best overall return.