2019 - Page 5 of 17 - Journal of Accountancy

The magazines

October 1, 2019

Website helps CPAs and clients plan for life and beyond

A monthly look at applications, gadgets, and other technology that can improve a CPA’s job and life. This month: Everplans.com.

October 1, 2019

Standing Ovation program recognizes CPAs for contributions to PFP

Seven CPAs under the age of 40 were recognized under the Standing Ovation program for their contributions to personal financial planning.

October 1, 2019

What CPAs must do to capitalize on disruption

This article explores ways accountants should be preparing themselves and their businesses for the coming wave of technology-powered disruption.

October 1, 2019

Kessler honored for lifetime achievement in PFP

Stuart Kessler, who was tax director for CohnReznick in New York City, received the Stanley H. Breitbard Lifetime Achievement in Personal Financial Planning Award.

October 1, 2019

Final rules permit truncated TINs on W-2s

If an employer elects, forms issued to employees starting in 2021 will show only the final four numerals of their SSN.

October 1, 2019

Planning for data security

Today’s tax firms must be vigilant against cyberthreats.

October 1, 2019

A new path for private companies with VIEs

FASB has expanded the election not to consolidate for private companies with variable-interest entities. Users of private company financial statements told FASB that consolidation does not help them analyze financial statements.

October 1, 2019

Responding to the growing gig economy

More people are patching together their incomes with less-traditional contracting and freelance work. Learn more about this trend and how CPAs can play a role.

October 1, 2019

#MeToo brings new expectations

A greater focus is being placed on preventing and investigating sexual harassment in the workplace.

October 1, 2019

Great time for a GRAT

Grantor retained annuity trusts may be an optimal wealth-transfer vehicle for many.

October 1, 2019

How to access Excel’s revived real-time stock prices

We’re happy to report that Microsoft has now brought back real-time stock prices, but they are available only in Office 365, and the steps for creating such a link are different.

October 1, 2019

Purported family loans were not bona fide, Tax Court holds

The bank deposit method supports an IRS underpayment assessment.

October 1, 2019

Ward receives P. Thomas Austin PFP Scholarship

Richard L. Ward, president of Capital Configuration LLC in Pittsburgh, received the 2019 P. Thomas Austin Personal Financial Planning (PFP) Scholarship.

October 1, 2019

Relief for ESBT election failure saves S corporation’s status

An IRS letter ruling allowed an otherwise qualified corporation to continue to be treated as an S corporation for federal income tax purposes despite its inadvertent termination of its S corporation status.

October 1, 2019

FASB proposes clarifying interaction between 2 standards

The change addresses the measurement alternative and the equity method.

October 1, 2019

GASB addresses lease accounting

A new guide contains Q&As to assist in implementation.

September 1, 2019

2019 tax software survey: Shares of respondents and product and company information

Bonus: The percentages for all 13 products, including a breakdown of their usage among firms ranked by ranges of numbers of preparers, in the 2019 tax software survey.

September 1, 2019

Advocacy update: Testifying on ERISA audits

An AICPA committee leader testified recently at a public hearing by the Department of Labor’s ERISA Advisory Council, “Beyond Plan Audit Compliance: Improving the Financial Statement Audit Process.”

September 1, 2019

ASB addresses ERISA plan auditor reporting, other information in annual reports

In separate standards, the AICPA Auditing Standards Board (ASB) addressed ERISA plan financial statements and rules for other information in annual reports.

September 1, 2019

25 leaders named Most Powerful Women in Accounting

Twenty-five leaders in the accounting profession received the 2019 Most Powerful Women in Accounting Award.

FROM THIS MONTH'S ISSUE

Build reusable Skills in Anthropic’s Claude AI

Instead of rewriting prompts each time, CPAs can turn routine tasks into reusable AI Skills. This Technology Q&A walks through how to build Claude Skills that process files, ask setup questions, and export clean Excel outputs.