Journal of Accountancy Large Logo
December 2007
Practice Development
A relatively smaller pool of younger CPAs will be available to succeed the vast wave of baby boomers nearing retirement. This article offers sole practitioners and partners in small firms steps to tak now to realize the full value of the practices they've spent a lifetime building.
Practice Management
Direct marketing can have many benefits for CPA firms. Follow these practical tips to help your firm make the most of its time and money in implementing a successful direct-marketing campaign.
Auditing / Business & Industry
Senior practitioners and accounting scholars discuss how new SEC interpretive guidance and AS5 provide opportunity for positive changes.
Auditing
Get answers to some of the most commonly asked questions about how SAS no. 112, Communicating Internal Control Related Matters Identified in an Audit, impacts nonattest services, internal control over financial reporting and auditor independence.
Fraud
Think you have what it takes to outsmart a fraudster? Put your knowledge to the test with a 10-question quiz.
Business Valuation / Financial Reporting
The first quarter of 2008 is expected to usher in the first significant wave of financial statements from companies that have chosen to adopt FASB’s new fair value option for financial assets and liabilities, FASB Statement no. 159. Tapping the option requires new disclosures.
Financial Reporting / Technology
An increasing number of companies are finding themselves within the realm of software accounting rules as software becomes a more critical component of everyday products. To determine whether the rules apply to particular products, CPAs need to take a hard look at factors including product marketing and consumer expectations of support services.

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