Smart Stops on the Web


Add a New Credential
Institute members looking for a new challenge can register at this section of the AICPA Web site to take the November 15 or 30 Accredited in Business Valuation (ABV) exam. Other resources include the BV Competence Assessment Tool, Exam Candidate’s Reference Guide and Content Specification Outline, a BV glossary and explanations of exam terminology.

What’s It Worth?
CPAs can help clients value their businesses by taking advantage of the free valuation court case downloads at this Web stop. Other offerings include an international dictionary of business valuation terms, IRS guidelines and links to the AICPA, Appraisal Foundation and Institute of Business Appraisers. Users also can join the discussion forum and read more definitions of BV terms and tips of the week.

Valuable Valuation Data
Does your client have an industry-specific valuation question? Find the answer at this e-stop for information on a variety of topics such as divorce, estate and gift taxes, limited partnerships and technology valuations. The Industry Resources section has reports on compensation and salary surveys, financial and operating ratios and sector outlooks covering more than 250 industries. The legal and tax resource sections have links to the federal tax code and regulations, state and federal case law and tax court decisions.


Plan a Successful Exit
Visitors can enter the Center for Simplified Strategic Planning Web site through this backdoor to go directly to the article, “The Strategy of Succession Planning,” which teaches retiring executives about some advantages and possible pitfalls of succession planning. There’s also a detailed outline of the article’s main points if readers want to cut right to the chase. CPA/ABVs can click on the link at the end of the story for a free subscription to the site’s e-zine Course and Direction.

Get the Buzz on the Family Biz
CPA/ABVs can go to the Business Issues section of this site and click on succession planning for information on topics such as bringing in the next generation or developing a written succession plan. Visitors also can read up on the seven development stages of succession and find answers to the questions “What are the options?” and “Can there be more than one successor?”

For Females in Business
For more than 700 e-pages of business resources, women thinking of starting their own accounting firms will want to bookmark this Web site. Users can find a free newsletter, as well as free business software and legal forms such as independent contractor agreements. Visitors also can get a free daily planner and read articles such as “The Power of Small Ideas” or “Etiquette Tips for Business Lunches.”

401(k) All the Way
CPAs will find fun and practical resources to share with clients who are retirement-savings-plan sponsors or participants at this Web site about “401(k) day”—when employers spotlight the importance of their profit-sharing and savings plans. For example, the Participant Center includes the sections Fun and Learning, with retirement-themed crossword puzzles, word-find games and Retirement Ready, an interactive board game to help assess savings progress that CPAs can share with their clients. The Plan Sponsor Center offers help on finding service providers and tools for setting up your own 401(k) day, such as a retirement calculator and a glossary of plan terms.

Flush Out Fraudsters
Whether you’re looking for a fraud specialist to help keep your company on the up and up or you’re a specialist looking to expand your client base, a visit to this Smart Stop will help. You can register for free to find fraud experts or to list your services, test your knowledge of fraud with a multiple-choice quiz or read articles such as “The Case of the Shrinking Margins.”

For Would-Be Telecommuters
Interested in working from home or have employees who do? Visit this e-site and use its free self-assessment checklist to help decide whether it’s right for you—and for them. Users also can sign up for a free e-mailed telecommuting minicourse, receive the telecommuting tip of the week, read the guide, Make a Case for Telecommuting, or purchase the book 101 Tips for Telecommuters.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.