Professional Issues


PCPS—the AICPA Alliance for CPA Firms—and the Texas Society of Certified Public Accountants released the results of the 2004 Management of an Accounting Practice (MAP) Survey. The information, gathered from nearly 2,500 firms of all sizes across the nation, includes comprehensive benchmarking data on salaries, billable hours, service offerings and expenses. For the first time the research included questions on the methods top-performing firms used to achieve exceptional results; other questions focused on marketing, business planning and owner/partner issues. Among other findings, the data showed increased firm growth, profits and billing rates. The results are available at www.pcps.org/member/overview.html

SPONSORED REPORT

How the election may affect taxation of business income

This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out