Four CPAs—Mark Bartlett, Scott Green, William Harmon and Warren Haruki—were inducted by the Institute and Ajilon Finance into the AICPA Business & Industry Hall of Fame in recognition of their strategic insight, business expertise and leadership skills. Bartlett, executive vice-president and chief financial officer of Blue Cross Blue Shield of
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Sweet Charity
While your clients may not be Warren Buffetts donating billions to charity, you can help them maximize their deductions and better the world at the same time. Generally speaking, tax-deductible charitable gifts must go to a domestic nonprofit organization, trust, community chest, fund or foundation. Here’s a list of the
Job-Hunt Tips
TOP 10 1 | Look for opportunities. Take on new assignments to broaden your skills. Put out feelers to see whether you’re marketable outside your company. On an interview, don’t passively expect to be told where you’ll fit in. Create a job for yourself. 2 | Become a skilled job
Institute Honors Milano
Doyle Z. Williams, chair of the AICPA Awards Committee, presented the Institute’s 2006 Special Recognition Award to Bernard J. Milano, CPA, a retired partner of KPMG LLP, at the annual meeting of the American Accounting Association in Washington, D.C. The award was in recognition of Milano’s work to increase diversity
Tips for New Leaders
TOP 10 1 | Don’t get too close too quickly. It’s tempting to become one of the gang—a friend who happens to be the boss—but effective leaders have to manage the distance between themselves and their followers. 2 | Sharpen your situation-sensing antennae. Try to be sensitive to which way
Boomers Bow Out
Source: Accenture, New York, www.accenture.com , 2006.
Taxpayers Sound Off
Source: IRS, www.irs.gov .
Risk Management
On October 19 and November 16, 2006, the AICPA will offer free Infocasts presented by specialists who have authored titles in the Institute’s series of Management Accounting Guidelines (MAGs). Business Continuity Management will be the subject of the October 19 Infocast presented by author Eric Krell. The November 16 Infocast
Government Accounting
The Federal Accounting Standards Advisory Board issued an exposure draft of a proposed Interpretation, “Items Held for Remanufacture” ( www.fasab.gov/pdffiles/edinterpretation.pdf ), that would provide guidance for the classification, valuation and reporting of items held for remanufacture prior to sale or issuance, such as items being inspected, disassembled, evaluated, cleaned, rebuilt,
Cost a Factor in Reverse Mortgages
I was so happy to read the headline, “ Top Ten Things to Know About Reverse Mortgages ” (Top Line, JofA , Jun.06, page 17), but I was greatly disappointed after reading the article. It is nothing but a rehash from the HUD Web site. As CPAs, the most important
Women Pull Up a Chair
SURVEY SAVVY W omen held 14.7% of all Fortune 500 board seats, up from 13.6% in 2003 and 9.6% in 1995, according to a 2005 census of women board directors by Catalyst ( www.catalyst.org ). The number of Fortune 500 companies that had 25% or more women board directors rose
Home Builders Have New Tax Credit
.S. home builders have new motivation to build energy-efficient homes. The Energy Policy Act of 2005 included many provisions regarding coal, natural gas, renewable energy and energy efficiency and distribution. It also enacted a new tax credit under IRC section 45L—the energy-efficient home credit—available to eligible contractors. Depending on
Teaching: A True Career
Great issue! I am fascinated by your articles about teaching shortages (“ Teaching for the Love of It, ” JofA , Jun.06, page 30). In fact, every issue contains many important facts that help us all keep up and in touch with the times and our profession. I’ve made it
Metrics of Greatness
PA firms are in the business of measuring business; in our world success is measured mainly by how much money the partners make. Pundits, consultants, journalists and partners usually define a firm’s “greatness” by purely economic metrics such as size, growth, employees and net income per partner. Those metrics seem
The Last Word: Robert Hockensmith
ROBERT HOCKENSMITH, CPA Colonel, U. S. Army National Guard Phoenix, Arizona I WAS A 17-YEAR-OLD HIGH SCHOOL DROPOUT DURING VIETNAM; I joined the military to get an education. I started as a communications specialist, carrying a radio on my back, and then switched to the military police. I grew up
Sallie Krawcheck Quote
AS QUOTED “As an analyst I was very comfortable being uncomfortable, and as a CFO I have to be comfortable being uncomfortable. I have to be fine with delivering bad news.” —Sallie Krawcheck, CFO, Citigroup
First Form a Plan
EXECUTIVE SUMMARY The most valuable service trusted CPA investment advisers bring to clients is a clear direction. A business plan helps provide a road map—a sound investment approach based on the tenets of prudent investing—and the discipline to stay the course. A PFP-niche business plan should contain a mission
Kicked Into the 21st Century
Source: IRS, www.irs.gov .
Bridging a Breakup
EXECUTIVE SUMMARY More family law attorneys are recommending their divorce clients hire a single, neutral CPA to help handle the transition from their shared financial life to their new independent lives. Using a neutral CPA often keeps the divorcing parties out of court. A neutral accountant gathers documents, makes
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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.
From The Tax Adviser
March 31, 2026
Current developments in taxation of individuals: Part 1
March 31, 2026
Current Developments in Taxation of Individuals: Part 1
March 6, 2026
