Nothing to Fear

BY JOHN W. GREEN

ON THE RECORD

John W. Green, CPA
Partner, Marcum & Kliegman LLP, Melville, N.Y.
Speaking at AccountantsWorlds CPE Symposium in New York

We ought to call Sarbanes-Oxley the CPA Employment Act of 2002. Ive been in public accounting since 1981 and Ive never seen anything like this. Next year, when the nonaccelerated filers have to comply with section 404, well probably see a similar resource issue. The large-cap companies will continue to suck up the resources of the Big Four firms and smaller companies will move downstreamand companies that wait too long to begin their 404 compliance may have difficulty finding qualified accountants. So nows the time for CPAs to be bold and fight the fear of losing a client over fees. Theres plenty of work out there.

SPONSORED REPORT

Tax reform complicates year-end tax planning

Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income and the cap on the deductibility of state and local taxes.

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.