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TECHNOLOGY WORKSHOP

Yes, You Can Program in VBA

   EXECUTIVE SUMMARY IF THE THOUGHT of having to perform software programming leaves you anxious, then read this article and you’ll discover it’s not as difficult as it first appears. ONCE YOU LEARN HOW to read and write the code in Visual Basic, a new world of software tools will

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Exhibit 1 This is what the column headings look like before they are formatted…. …and this is what they look like after they are formatted.  

PROFESSIONAL ISSUES

Up the Ladder of Success

   By acquiring the right mix of personal and business skills, accounting and finance professionals can increase their chances of being promoted, according to a recent survey of more than 400 companies. To get ahead in their careers, CPAs should concentrate on honing professional skills in       They’ll

FRAUD

The Downside of Good Times

   EXECUTIVE SUMMARY A PRACTITIONER FOUND ONE RISK OF A STRONG economy is that small business clients may loosen their internal controls, discovering fraud or theft only long after it has happened. THE MOST VULNERABLE ARE PRIVATE COMPANIES in the $10 million to $30 million range because they are large

NOT-FOR-PROFITS

Sizing Up NPO Software

   EXECUTIVE SUMMARY TRYING TO ADAPT conventional accounting software to handle the books of an NPO is like struggling to fit a square peg in a round hole. Their differences are so significant that without major customizing, for-profit software just can’t handle NPOs’ unique accounting needs. NPO ACCOUNTING SOFTWARE should

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Exhibit 2: ISO 14000 and Environmental Resources    Exhibit 2: ISO 14000 and Environmental Resources  Online ISO 14000 InfoCenter: www.iso14000.com. Articles and case studies on ISO 14000 and EMS: www.trst.com. Forum for environmental groups interested in ISO 14000: www.ecologia.org. Subscription-based service maintained by the nonprofit Global Environment and Technology Foundation:

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Contact information:      www.blackbaud.com      www.ngsi.com      www.araize.com     www.mirasoft-inc.com       www.fundez.com      www.fundware.com      www.bitech.com      www.mip.com      www.shelbyinc.com     www.uslfinancials.com  

TAX

Is a Contingent Attorney’s Fee Includible in Plaintiff’s Income?

   gnes, a 64-year-old resident of California, successfully sued her ex-employer in 2000 for wrongful termination; a jury awarded her $2 million. Agnes paid her attorney $800,000, 40% of the award, in accordance with their contingent fee agreement; thus, her net proceeds from the suit were $1.2 million. In March

BUSINESS & INDUSTRY

How to Scale the Deduction Barriers

   EXECUTIVE SUMMARY THE IRS IS MAKING IT DIFFICULT FOR COMPANIES to deduct pre-opening and expansion costs, such as due diligence activities before an acquisition, employee training before opening a business or the costs of expanding into a new market. In one case, the IRS levied a return preparer penalty

AUDITING

Help Keep the World Green

   EXECUTIVE SUMMARY IN 1996, THE INTERNATIONAL ORGANIZATION for Standardization developed ISO 14000 as the first globally recognized guidelines for voluntary environmental management. The ISO 14000 standards can help businesses around the world manage their environmental responsibilities. The standards also can provide CPAs with a new practice niche of certifying

PRACTICE MANAGEMENT

A New Standard of Tax Practice

   EXECUTIVE SUMMARY THE AICPA HAS ISSUED EIGHT STATEMENTS on Standards for Tax Services as enforceable standards for AICPA members. Effective October 31, they replaced the advisory Statements on Responsibilities in Tax Practice. COMMENT LETTERS RAISED QUESTIONS ABOUT the necessity of enforceable tax practice standards. The strongest argument for enforceable

FROM THIS MONTH'S ISSUE

AI risks CPAs should know

Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.