Rajiv D. Banker received the 2017 AAA Lifetime Contribution to Management Accounting Award.
IRS permits same-sex couples to recalculate marital exclusion amounts
Recalculations of transfers not qualifying solely because of the Defense of Marriage Act are not restricted by the statute of limitation.
Tricks for typing in Microsoft Word tables
Text does behave somewhat differently when typed into tables, and Word provides some additional tools specifically designed for typing in tables.
Expanding your app-titude
Worth your Tile: Find keys or wallet easily with app … Updates boost Automatic’s tracking of driving habits
Advanced calculators for your smartphone
Almost all smartphones include a calculator, but not all of them are advanced enough to meet the demanding needs of a true tech-savvy CPA.
How to discuss long-term-care options with clients
Clients are often reluctant to discuss the vital topic of long-term care. Here’s a guide to lead you through what is often a difficult conversation.
State issues with the new federal partnership audits
The AICPA leads effort to promote state-level uniformity.
The armor of awareness
Defense from cyberattacks on a CPA firm’s fortress requires more than the IT cavalry.
Medical practice owner is held liable for employment taxes
A self-imposed loan restriction to pay salaries does not encumber funds owed to the government.
AICPA exposes more revenue recognition drafts
The latest issues address aerospace and defense, telecommunications, and time-share.
A framework for continuous auditing: Why companies don’t need to spend big money
Follow these steps to start or grow data-based auditing practices.
Line items
FBARs get automatic extensions…Eligibility rule waiver extended for tangible property regs. automatic method changes…Standard mileage rates for 2017
Currency turmoil, price, and profit in global markets
Small and midsize multinational companies can use these strategies to manage the risks of volatile foreign currency exchange rates.
FASB makes technical improvements to revenue recognition standard
The changes address 13 narrow issues.
Coping with audit changes
Practitioners must persevere in an environment of new standards and regulatory upheaval.
AICPA updates guidance for CPA personal financial planners
The updated Body of Knowledge takes a holistic approach.
S corporation’s sole owner had unreported income but not constructive dividend
The Tax Court cites a lack of earnings and profits.
New mapping tools on Excel 2016
Microsoft Excel 2016 has two new mapping capabilities.
IASB proposes amendments to 3 standards
The changes are part of an annual improvement process.
FASB issues technical corrections
Inconsistencies in guidance are addressed.
Features
FROM THIS MONTH'S ISSUE
AI risks CPAs should know
Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.
