2017 - Page 4 of 20 - Journal of Accountancy

The magazines

October 1, 2017

Managing retail challenges

CPAs can use these strategies to help their brick-and-mortar clients.

October 1, 2017

Accounting method changes make closed years relevant

A change in accounting method opens the door for the IRS to review periods closed by the statute of limitation to determine tax liability in open years.

October 1, 2017

Tough love: When mentoring marks a turning point

The development of a partner-track senior manager at a Texas CPA firm shows how a demanding mentor can help a struggling performer make meaningful change.

October 1, 2017

IRS pilots Appeals web-based videoconferencing; Country-by-country reporting resources now available; Nonacquiescence on earned income tax credit decision; Treasury shutters myRA retirement savings program

October 1, 2017

Setting expectations

This infographic shows the benefits of using engagement letters, liability risks of not using them, and sources firms can consult in drafting them.

October 1, 2017

Microsoft Excel: 3 quick tips

Handy Excel tips from “Technology Q&A” author J. Carlton Collins, CPA.

October 1, 2017

Building a LinkedIn profile that builds your career

This article explains how you can construct a LinkedIn profile that puts your online brand on solid footing.

October 1, 2017

Cathy Clarke, CPA

Building trust with members of the firm as well as clients is essential for the success of an audit firm’s quality-control system, according to Cathy Clarke, CPA, chief assurance officer for CliftonLarsonAllen LLP in Minneapolis.

October 1, 2017

Wellness program benefits: Tax free or not?

Make sure your employer health incentives can pass an IRS examination.

October 1, 2017

Cybersecurity: A new engagement opportunity

CPAs who possess the appropriate expertise can perform new consulting and attest services for clients under a recently released AICPA framework. Developing expertise in this area is the key.

October 1, 2017

Amazon Echo vs. Google Home: Which is better?

So which device is better: the Echo or Home?
Through continued improvements, they keep leapfrogging each other in functionality in specific areas.

October 1, 2017

Microsoft Office: Outlook 2016 search tips

How to use Outlook’s Advanced Find tool.

October 1, 2017

FASB tackles grant and contribution accounting

Discerning between contributions and exchange transactions is a key aspect of the proposal.

October 1, 2017

AICPA issues working drafts for 3 revenue recognition issues

Informal comments will be accepted by email.

October 1, 2017

Treasury identifies 8 regulations as burdensome

Rules on corporate debt vs. equity and valuation of family-owned businesses are among those deemed subject to a presidential order.

October 1, 2017

Tax Court: Taxpayers engaged in abusive Roth IRA transactions

The taxpayers’ use of a newly created corporation was held to be a vehicle to avoid Roth IRA contribution limits.

October 1, 2017

Key factors correlate with quality in single audits

Performing a small number of specialized audits may lead to nonconformities, a study found.

October 1, 2017

ASB issues standard for auditors involved with exempt offering documents

SAS No. 133 establishes procedures for practitioners.

October 1, 2017

Boston Bruins can deduct full cost of meals for team’s away games

The meals were provided by the employer for its convenience, the Tax Court holds.

September 1, 2017

Special Recognition Award honors outstanding contributions to ASEC projects

Chris K. Halterman, executive director, advisory services at Ernst & Young (EY), received the AICPA’s Special Recognition Award for his work on the AICPA Assurance Services Executive Committee.

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.