Government Accounting


The U.S. Department of Health and Human Services (HHS) plans to consolidate the 53 different accounting systems it uses to track the nearly one billion Medicare claims it pays each year. HHS says that by 2010 the project will have reduced costs by approximately $1.2 billion. ( www.hhs.gov/news/press/2001pres/20010927.html )

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.