July 2014 - Journal of Accountancy

Know your business’s responsibilities under the Affordable Care Act.

New health care regulations create many challenges and opportunities for businesses. Here are 10 things CPAs should know about the new rules to help the businesses they serve make wise decisions.

A mark-to-market election can be very beneficial for securities or commodities traders. Here’s how to determine who qualifies for the election and who should make it.

What does it take to be a great leader? What are the keys to inspiring and guiding others to maximize their potential? This article looks at five lessons learned at the AICPA Leadership Academy.

Instead of approaching business as a series of problems to be solved—say, how to cut down on spending, or how to keep employees from getting bored at work—organizations should take a more appreciative look at themselves.

CPAs providing a menu of services to high-profile individuals are at risk of being blamed for a decline in the celebrity’s net worth.

A historic new revenue recognition standard promises at least some change for a key metric for virtually all organizations that use U.S. GAAP or IFRS for their financial reporting. Urgent preparation for the change may be needed, partly because companies that plan to do a full retrospective transition may need to have systems in place to capture data for dual reporting as soon as the beginning of 2015.

The JofA gets an inside view from David Kirk, one of the principal architects of the Treasury regulations related to the 3.8% tax that was passed to raise money for health care reform.

Canada’s accounting profession is undergoing a radical transformation: the consolidation of three accounting credentials into a new, single designation, the Chartered Professional Accountant (CPA). The abbreviation, which is synonymous with the U.S. certified public accountant designation, raises questions on both sides of the border.