CPAs, both in private practice and in business and industry, consider “Securing the IT Environment” to be their organizations’ top IT priority this year, the AICPA’s 2012 Top Technology Initiatives Survey found. Most survey respondents believe their employers can handle the task, but CPAs are far less confident about another priority area—one that could play a key role in their organizations’ growth.
The AICPA Forensic and Valuation Services Executive Committee answers questions to help business valuation practitioners understand how the withdrawal of an SSARS interpretation affects valuation engagements performed in accordance with Statement on Standards for Valuation Services No. 1.
Think you have a good handle on how to fight fraud risks in the banking environment? Do you possess the knowledge necessary to help your clients or employer protect its accounts and transactions, especially those occurring online? Take our quarterly fraud quiz to find out.
For decades, accounting firms have laid a foundation of trust with clients by competently handling confidential financial data and performing core services such as tax preparation. Today, forward-thinking CPAs are building on that foundation, expanding their service offerings, nailing down new revenue streams, and cementing a more profitable position as their clients’ trusted business adviser.
Prolonged economic sluggishness—which has limited organic growth and stymied mergers and acquisitions the world over—has given many companies something they didn’t have when things were busier: time, and reason, to think differently about new ways to build value. One place they’re increasingly applying the magnifying glass: their own ranks.
TAX / MANAGEMENT ACCOUNTING
Benefit from the new returning heroes and wounded warriors work opportunity credits and help veterans return to the civilian workforce.