2019 - Page 3 of 17 - Journal of Accountancy

The magazines

November 1, 2019

Line items

Prop. regs. update valuation limit for employee use of vehicle … Rules proposed for classifying cloud and digital content transactions … Nondiscrimination rules relief extended

November 1, 2019

Responsible person rules in the wake of Wayfair

As states impose sales tax collection obligations on more companies, individual taxpayers face a greater risk of personal liability if their organization fails to comply.

November 1, 2019

Mayo Clinic held to be an educational organization despite engaging in noneducational activities

A district court invalidates a regulation requiring educational activities to be an educational organization’s primary function and its other activities to be merely incidental to those activities.

November 1, 2019

Good places to find new fonts (many of them free)

A look at where to find free fonts and how to install them.

November 1, 2019

Awards recognize achievements in education and accounting literature

Stephen Moehrle received the 2019 AICPA Distinguished Achievement in Accounting Education Award, and Panos N. Patatoukas and Yaniv Konchitchki received the 2019 Notable Contributions to Accounting Literature Award.

November 1, 2019

CECL isn’t just for banks anymore

Revised financial instruments standards that impact all industries and apply to a broad range of financial assets have begun to take effect. The effective date for SEC filers is years beginning after Dec. 15, 2019.

November 1, 2019

Mary Elliott, CPA

Developing a specialty can help a CPA provide maximum value to clients, according to Mary Elliott, CPA, the CEO of Warren Averett in Birmingham, Ala.

November 1, 2019

FASB proposes guidance to ease transition to new benchmark rates

Reference rates are seen as less susceptible to manipulation.

November 1, 2019

Print slide numbers on PowerPoint handouts

How to enable or disable printing of slide numbers on PowerPoint handouts.

November 1, 2019

CPA honored for longtime contributions in government

Andy Nielsen received the 2019 Outstanding CPA in Government Career Contribution Award for significant contributions to the CPA profession through government service at the local, state, or federal level over a candidate’s career.

November 1, 2019

Student earns Medal of Inspiration

Indira Karimova, a student pursuing her master’s degree at the University of Texas at Tyler in hopes of earning her CPA, received Beta Alpha Psi’s Medal of Inspiration Award.

November 1, 2019

New laws bring much tougher data protections

Businesses with customers in California or the European Union must shore up their data collection practices or face significant fines.

November 1, 2019

Planning for Medicare taxes, premiums, and surcharges

Don’t neglect these basic health care considerations in clients’ retirement planning.

November 1, 2019

ASB addresses challenges in auditing accounting estimates

A new standard would supersede SAS No. 122.

November 1, 2019

A framework for maintaining ethics compliance

The “Conceptual Framework for Members in Public Practice” provides useful guidance for situations that are not explicitly addressed by the AICPA Code of Professional Conduct.

November 1, 2019

FASB makes a second effort to improve balance sheet debt classification

The reproposal addresses unused long-term financing arrangements.

November 1, 2019

Taxpayers may revoke or make late bonus depreciation elections

Late elections or revocations made during the time prescribed in Rev. Proc. 2019-13 will be treated as automatic changes in method of accounting with a Sec. 481(a) adjustment.

November 1, 2019

CPA Exam topics undergoing change for digital age

A practice analysis will bring a heightened focus on technology and data analytics while also considering which topics are most important to the role of a newly licensed CPA.

November 1, 2019