Advertisement
The magazines

Good News for Cordless Telephone Users

A new cordless technology that promises phone service without the usual crackles and whooshes has just reached the market. The technology uses a frequency (1.9 gigahertz) that’s outside the range of many other wireless devices—thus freeing it from static-causing interference. The new frequency is more secure against eavesdropping, too.

Use Background Printing for More Flexibility

When I have a big print job running, I often have to wait until it’s done before I can return to work on the computer. My system has plenty of memory. Why can’t it do both jobs simultaneously? I don’t think it’s a memory problem. It sounds like you have

“CPA” Not Be-All and End-All of Existence

Having read “ The Work/Life Balance Sheet So Far ” ( JofA , Aug.06, page 45), I am not surprised that success of these initiatives is lacking. I certainly agree that the failure of the leadership of any firm to support these programs is a key component in preventing widespread

Professional Issues

The AICPA, under the leadership of immediate past Chair Leslie Murphy, launched the Young CPA Network, to address the needs of professionals early in their careers. The network offers a monthly electronic newsletter, The Edge, and a dedicated Web site ( www.aicpa.org/YoungCPANetwork ) that provide tools and resources to help

Display File’s Full Path in Toolbar

When I’m working on a file, its name appears in the upper left-hand corner of the screen. That’s OK, but I sure would like Windows to identify not just the file’s name but its path also. I never understood why Windows failed to take that extra step. As you can

Award-Winning Women

In recognition of their professional achievements, five St. Louis CPAs won the second Women to Watch Award, presented by the AICPA’s Work/Life and Women’s Initiatives Executive Committee and this time the Missouri Society of CPAs and cosponsored by Accountemps and Robert Half Finance & Accounting. AICPA Chair Leslie Murphy (left)

Takin’ Care of Business

  immy Williamson, a senior partner of MDA Professional Group, PC, a 100-member firm in Alabama, was inaugurated as AICPA board chair at the Institute’s fall Council meeting in Las Vegas. As a long-time AICPA and Alabama Society of CPAs volunteer over a 30-year career with his firm, Williamson believes

Banking

The Federal Reserve Board, the Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency and the Office of Thrift Supervision jointly proposed rules that would implement new risk-based capital requirements in the United States for large, internationally active banking organizations ( www.fdic.gov/news/news/press/2006/pr06082.html ). In addition the agencies

When It’s Safe to Remove a Remote Memory Device

I copied a large important spreadsheet file to a portable memory stick, but when I examined the file later, I discovered it was corrupt and therefore unusable. What caused that? Although I love those portable memory sticks—they’re great for keeping my office computer synchronized with my laptop—now I’m leery about

Be an HR Resource for Your Clients

  EXECUTIVE SUMMARY A company’s staff positions involve many human resources (HR) functions that CPA firms can provide relatively easily. Many firms already assist in traditional areas such as payroll and benefits administration. The profession’s roots in recordkeeping, tabulation and financial reporting give CPAs insight into organizations’ operational needs such

Love That Tech

I greatly enjoyed reading “ Telecommute Safely ” ( JofA , Aug.06, page 39). The step-by-step instructions, including pictures and different typefaces, were straightforward and easy to follow. It was informative to learn of the virtual private network (VPN) options available, along with the corresponding levels of relative pricing and

Interest on Overpayments by S Corporations

TAX CASE arwood Irrigation Co., a Texas company, acquired very valuable water rights in 1900. Garwood had operated for a time as a C corporation, then elected S status before selling its rights in January 1999. The sale triggered recognition of a built-in gains tax, which the company reported and

So You Want to Be an Arbitrator

  EXECUTIVE SUMMARY A reputation for objectivity and fair-mindedness makes CPAs excellent candidates to become arbitrators. They also have developed the skills to lead the process, identify the issues, encourage the disputing parties to come to settlements and make decisions. CPAs’ knowledge, skills and consulting experience prepare them to make

A Major-League Dream Come True

SPOTLIGHT As one of 10 children of a die-hard New York Yankees’ fan, Berna Greer, CPA, grew up in a house that revolved around baseball. But she never expected to make it to the Major Leagues. Still, there she was, throwing out the first pitch at the Detroit Tigers game

Take Control of Your Job Search

GOLDEN BUSINESS IDEA Attention CPAs at all levels. Well-meaning colleagues give you many tips about how to find your dream job. Here are four things not to do when conducting your search. 1 | Don’t rely on only one technique to land a job. Just 10% of all jobs are

Social Spending

SURVEY SAVVY eople who buy socially responsible mutual funds are more likely to use their wallets in other socially conscious ways as well, a February survey by TIAA-CREF ( www.tiaa-cref.org ) found. The company surveyed 1,002 TIAA-CREF customers, split evenly between those who invested in its Social Choice Account (SCA)

Financial Reporting

The SEC issued Staff Accounting Bulletin (SAB) no. 108, which provides guidance on quantifying financial statement misstatements, including the consideration of the effects of the carryover and reversal of prior-year misstatements ( www.sec.gov/interps/account/sab108.pdf ). Typically, entities have quantified such errors in one of two ways—as the amount by which the

Hired Help: Finding the Right Consultant

  EXECUTIVE SUMMARY CPAs can help companies hire consultants to deal with a wide variety of employee benefits challenges including managing the rising cost of health insurance, maintaining competitive benefits offerings and dealing with the complexity of pension and other retirement plans. Before hiring a benefits consultant, companies should check

Auditing

For news from the AICPA and state societies, visit www.cpa2biz.com , which also offers online CPE, AICPA professional literature, practice management aids and links to state society Web sites.

SPONSORED REPORT

How to find the right CAS clients

The key to success with CAS is selecting the best clients. Tools like ideal client profiles (ICPs), buyer personas, and even artificial intelligence can help identify the businesses that best fit each CAS practice.