PRACTICE MANAGEMENT
Although methods for teaching new CPAs are similar to traditional mentoring methods, many firms continue to search for answers on how to design and implement a formal, documented mentoring program that will meet the needs of the new generation of accountants.
GOVERNMENT
GASB has rewritten the rules for how state and local governments report nonpension post-employment benefit liabilities, those that are largely related to retiree health care. The new rules have significant implications for both the governments that must implement them and their auditors. Measuring and disclosing the liabilities will give governments information needed to strategize for the long term about how to handle such benefits.
FINANCIAL REPORTING
Outgoing AcSEC Chairman Ben Neuhausen discusses accounting standards setting, IFRS and AcSEC’s role in a converged world.
PRACTICE MANAGEMENT
In challenging times, a sound CRM strategy can improve a firm’s ability to thrive.