Auditing / Practice Management
For CPA firms that audit nonpublic entities such as private companies, government units or not-for-profit organizations, understanding what leads to costly audit malpractice claims can help in managing and minimizing the risk of performing these audits.
Consulting / Practice Development
If you’re a CPA cruising for business growth, there’s opportunity in an auto specialty, say experienced practitioners. Car dealers are a large and prospering market, and they need CPA services.
Technology Workshop
With a single mouse click you can get a spreadsheet to perform a wide assortment of oft used tasks. It’s an especially helpful tool for users who are not computer-savvy.
Fraud
Resubmitting vendors’ legitimate invoices and stealing their resulting refunds is only one way unscrupulous employees can defraud their companies. That’s why it’s important not only to have adequate internal controls but also to give workers the means to report what they see and hear—often the most valuable information in the fight against employee fraud.
Education
From small CPA firms to national giants, a major concern is educating, recruiting and retaining high-quality students for careers in accounting. Here’s a look at activities originating at all levels of the profession to attract the best candidates.
Practice Development
CPA firms can offer clients more types of services at lower cost by pooling complementary strengths. It’s not a new idea, but it’s still a practical way a firm can expand its range of competencies.
Tax
Congress continues its efforts to make college more affordable with a new round of tax incentives. CPAs can play a significant role in helping clients take maximum advantage of these often complicated provisions.
Insurance Issues
CPAs who receive a share of commissions on client insurance transactions are required to disclose those arrangements under the AICPA Code of Professional Conduct.
Practice Development
When Meyners and Co. of Albuquerque set out to sell more services, it soon saw it didn’t have the resources to handle an increased workload. The firm’s already overworked partners needed a plan to expand capacity ahead of new business. Here’s how they prepared the firm.
Tax
The IRS issued guidance about the timing of certain IRC section 1033 elections taxpayers make to defer gain following an involuntary conversion. But questions remain.
Education
Education
Education
Education
Education
Education
Education
Education
Education
Education