2015 - Page 19 of 22 - Journal of Accountancy

The magazines

February 1, 2015

Excel: Windows vs. Mac

Our company uses Excel 2013 running on Windows, but one of our employees wants to switch to a Mac. If we allow him to do this, will his Mac-based Excel files be compatible with the rest of our office’s Windows users, and are there any specific differences between Excel for Mac and Excel for Windows?

February 1, 2015

Gross income omissions and the 6-year tax assessment period

How taxpayers can guard against doubling the statute-of-limitation period for the IRS to assess tax.

February 1, 2015

What’s your fraud IQ?

How well do you know how to prevent, detect, and respond to data breaches? Find out in this month’s Fraud IQ quiz.

February 1, 2015

Ebola relief qualifies for leave-based donations

The IRS provided guidance on leave-based donation payments aiding victims of the Ebola outbreak.

February 1, 2015

Merger of family businesses results in gift tax

The Tax Court held that a merger of a family’s two businesses resulted in a $29.6 million transfer from the parents to their three sons and a gift tax deficiency. However, the court denied failure-to-file penalties on the gift due to the taxpayers’ reliance on a “competent professional.”

February 1, 2015

Final regs. prescribe E&P treatment in corporate reorganizations

New rules under Sec. 381 change which corporation succeeds to the tax attributes, including the earnings and profits (E&P), of the transferor or distributor corporation in certain acquisitions.

February 1, 2015

Becoming a strategic risk adviser

Accountants can leverage the training and experience they have in managing compliance risks to become strategic risk advisers for their organizations.

February 1, 2015

Drive competencies and develop talent

The financial planning and analysis department at Baker Hughes is more valuable and more collaborative thanks to a three-step employee-development process, the company’s Michael Kinney, CPA, explains.

February 1, 2015

Expanding your app-titude

A monthly look at mobile apps that can make the CPA’s job and life better. This month: SlideShark makes PowerPoint on iPads less painful … Online storage/synchronization: Dropbox, et al.

February 1, 2015

Minority Doctoral Fellowships help foster diversity in education

To help increase the number of CPAs from diverse backgrounds teaching at the college and university level, the AICPA has awarded 22 scholars the Minority Doctoral Fellowship.

February 1, 2015

Graduate students receive scholarships

The AICPA has awarded 2014–15 AICPA John L. Carey Scholarships to five students.

February 1, 2015

Awards recognize positive impact on forensics and business valuation

The Institute’s Forensic and Valuation Services (FVS) Section honored with its annual awards section members who have made a positive impact on forensic and valuation practice areas.

February 1, 2015

Thompson receives highest AICPA honor in tax

Patricia A. Thompson received the 2014 Arthur J. Dixon Memorial Award, the highest honor bestowed by the accounting profession in the area of taxation.

February 1, 2015

All CPAs should be concerned about going concern

Approximately 30% of claims brought against CPAs in the AICPA Professional Liability Insurance Program are made by third parties. Moreover, nearly 60% of the program’s 2013 financial statement services claims related to the failure to detect a misstatement or a disclosure error, especially going-concern disclosures.

February 1, 2015