Technology Workshop
Solver, a spreadsheet tool, can perform capacity-utilization analyses—calculating the results of a variety of production volume and sales revenue mixes to help a company maximize profits.
Auditing / Fraud
Auditors must incorporate “think tank” sessions to consider fraud risks in the planning stages of their audits and are encouraged to hold them periodically throughout the process. They can use several techniques to ensure a successful outcome.
Consulting
After you’ve read the above article on the ABV credential and business valuation niche, read about CPAs with other specialized expertise who share some of the savvy that has helped them go from having one or two clients in a business sector to a fully developed service niche.
Fraud
Fraud reports differ significantly from audit reports. The goals, the audience and, very important, the writing are not the same. Here’s guidance from one of the foremost fraud investigators on how to create a document that will stand up in court, if necessary.
Business Valuation
Credentialing has always been an essential way for professionals to distinguish themselves and highlight their qualifications in a particular field. This article focuses on the Accredited in Business Valuation (ABV) credential, administered by the AICPA, and describes its charter, underpinnings and evolution as the accounting profession faces new challenges.
Education / Professional Issues
By volunteering with the Jump$tart Coalition and organizations like it, CPAs have an opportunity to use their skills to help improve the financial literacy of Americans young and old.
Tax
The AICPA tax division has issued an interpretation—“Tax Planning”—designed to explain the obligations of members who provide these services. It should be helpful to members in providing all types of tax-planning services, including those involving tax shelters.