Here are seven steps small and medium-size companies can take to prevent fraud in the procurement-to-pay process.
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IRS confirms instructions’ 6-month extension for C corp. returns…Small employer HRA notice deadline pushed out…IRS does not acquiesce to decision on ranching interest
Sixth Circuit upholds DISC dividends paid to Roth IRAs
Form prevails over substance despite dividends’ exceeding contribution limits.
Canceled debt is partially excludable
A married couple’s interest in their retirement plan was not an asset for purposes of the COD insolvency test.
ClearPath Accountants: Transparent financials
Transparency and ownership are the bywords at Denver-area firm ClearPath Accountants.
High Rock Accounting: Vacation stipends
Would you like $1,000 to go on vacation this year? It’s yours at High Rock Accounting, but there’s a catch.
IntrapriseTechKnowlogies: Employees set their hours
Forty hours may be a standard work-week—but there’s no such thing as a “standard” CPA.
Q&A: Don’t believe these Millennial myths
Generational expert Jason Dorsey recommends ways employers can recruit (and keep) members of the often-misunderstood Millennial generation.
Frank, Rimerman and Co.: A coaching culture
At California firm Frank, Rimerman and Co., coaching permeates the entire culture.
Seventh Circuit holds that taxpayer filed timely Tax Court petition
The IRS stipulates that a lawyer’s print-at-home postal service resulted in timely mailing.
How to obtain rescission of a 90-day letter
Procedures provide an alternative to filing a Tax Court petition.
ASB issues new going concern auditing standard
The rules consider the accounting provisions in the FASB standard issued in 2014.
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IRS issues new maximum values for employer-provided vehicles…IRS adds former school to student loan discharge exception…Estates may rely on transcript for closing confirmation
Using Excel and Benford’s Law to detect fraud
This Technology Workshop shows how to use Microsoft Excel to determine whether the numbers in a data set follow Benford’s curve or point to possible malfeasance.
Scholarships encourage nontraditional business students to become CPAs
Five students received 2016-17 AICPA John L. Carey Scholarship awards.
What fonts work best in Excel?
When it comes to choosing the best font for displaying both text and numbers, the font you choose matters.
Workshop launches new valuation credential training
The 2017 AICPA Fair Value Measurements Workshop, which was held in March, included for the first time training on the new performance framework for the Certified in Entity and Intangible Valuations (CEIV) credential.
Last-minute guide to the updated CPA Exam
Here’s what you need to know as the next exam launches this month with a greater focus on skills such as analysis and evaluation.
Lease accounting revamp
Careful planning and collecting of lease inventory data are key in implementing FASB’s new standard.
More on short-term rentals
See how to report income from Airbnb and similar “sharing economy” activities.
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SPONSORED REPORT
Preparing clients for new provisions next tax season
As the 2025 filing season approaches, H.R. 1 introduces significant tax reforms that CPAs must be prepared to navigate. These legislative changes represent some of the most comprehensive tax updates in recent years, affecting both individual and corporate taxpayers. This report provides in-depth analysis and guidance on H.R. 1.