Management accounting educator receives Lifetime Contribution Award

Stanley Baiman received the 2014 Lifetime Contribution Award from the AICPA and the American Accounting Association.

The award recognizes individuals who have made an important mark on management accounting education, research, and practice. Baiman was honored for his 30-plus years of research and teaching of key management accounting issues, including those relevant in interfirm contracting problems.

He is the William H. Lawrence Emeritus Professor at the Wharton School, University of Pennsylvania, and adjunct professor at Bocconi University in Milan, Italy. His key areas of research and teaching include incentive mechanisms within firms and within supply chains. Among the topics he has studied are the design of multistage capital budgeting systems, internal transfer-pricing systems, supply chain monitoring and contracting, and inventory buffers.


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.