2015 - Page 4 of 22 - Journal of Accountancy

The magazines

November 1, 2015

Diane B. Medley, CPA/ABV, CGMA

Diane B. Medley, CPA/ABV, CGMA, is managing partner and co-founder of Mountjoy Chilton Medley LLP in Louisville, Ky.

November 1, 2015

IRS ends automatic extensions for Forms W-2

Allowing only nonautomatic extensions is intended to help deter fraudulent returns using stolen taxpayer identities.

November 1, 2015

Final regulations prevent manipulation of trust uniform basis rules to avoid gain

Basis in a sold or disposed CRT term interest is based on an allocation of the trust’s adjusted uniform basis.

November 1, 2015

PCAOB focuses on audits of brokers, dealers

The board shared inspection objectives and urged firms to review processes.

November 1, 2015

Researcher awarded for work in management accounting

Jongwoon “Willie” Choi, Ph.D., assistant professor of business administration at the University of Pittsburgh’s Joseph M. Katz Graduate School of Business, received the 2015 Best Early Career Researcher Award.

November 1, 2015

Young leader wins AICPA’s Outstanding Young CPA Award

Dan Griffiths, CPA, director of strategic planning at Tanner LLC, received the Outstanding Young CPA Award in Honor of Maximo Mukelabai.

November 1, 2015

Line items

New estate basis reporting postponed … ID protection services nontaxable Tuition … statement TIN penalties waived

November 1, 2015

AICPA releases Q&A on required supplementary information

Nonauthoritative guidance is provided on independence requirements.

November 1, 2015

Highlights of fraud research

This review of recent fraud research covers such topics as auditor skepticism toward earnings reports, the effect of lawsuits on audit quality, the influence of incentives on whistleblowing, and more.

November 1, 2015

Pinterest: Pinning for profit

Pinterest launched an option that allows you to create a business page.

November 1, 2015

Advantages of the Up-C partnership structure

This tax planning tool can significantly increase the ultimate proceeds realized by the legacy partners upon exiting their investment in an operating partnership.

November 1, 2015

Strategic planning for NFPs

Following these steps can help not-for-profits develop strategic plans that maximize effectiveness as they pursue their charitable missions.

November 1, 2015

Maximize proceeds in accounting firm sales

Misconceptions about how to price and structure the sale of a practice can cost CPAs much of their equity. CPAs have many options to sell on their terms.

October 1, 2015

Benefits of an employee stock ownership plan in succession planning

Practitioners should be aware of the many advantages of using an ESOP when a business owner is near retirement.

October 1, 2015

Expanding your app-titude

This month: Charlie aims to help you connect with people at conferences and meetings … When it comes to note-taking, it’s hard to beat Notability

October 1, 2015

Microsoft Outlook: The quick step

Outlook has a Quick Steps feature that allows you to automate several tasks as a single task.

October 1, 2015

FinREC gives mixed review to FASB’s not-for-profit proposal

AICPA committee has concerns about divergence with for-profit model.

October 1, 2015

FASB changes employee benefit plan accounting

Three-part document is designed to reduce complexity.

October 1, 2015

Microsoft Excel: Put this chart on your radar

Excel can produce a filled radar chart, which can be useful for comparing a multitude of attributes across multiple items, and the visual results may be the solution you seek.

October 1, 2015