FEATURED VIDEO
Use the 2010 MAP Survey to Benchmark Your Firm
The AICPA’s James Metzler, CPA, and Mark Koziel, CPA, discuss findings from the 2010 PCPS/TSCPA National MAP Survey, conducted by the AICPA’s Private Companies Practice Section and the Texas Society of Certified Public Accountants. The 2010 survey includes responses from nearly 3,000 firms and allows firms of all sizes to compare their management policies and financial results against other firms. It also provides strategic guidance to help firms build their practices.
ONLINE EXTRAS
VIDEO
Is your state facing a particularly grim financial outlook? Why not treat your state and its budget crisis like you would a client in distress, says Ohio Society of CPAs President and CEO Clarke Price. In this video, he describes what happened when OSCPA took on Ohio’s economic crisis.
ARTICLE
How to Make Your Accounting Department More Efficient
Asked to do more with less, accounting departments in many businesses are being pushed to the max. When adding staff isn’t an option, there are ways to fine-tune workflow and rev up efficiency. In addition to seven resource-saving tips, the online version of this month’s checklist offers a slate of questions to make a process walkthrough productive and to establish metrics that can be used to measure performance.
ARTICLE
IRS Postpones Health Care Coverage Cost Reporting for One Year
The IRS announced that employers will not be required to report the costs of employer-sponsored health care coverage on employees’ Forms W-2 until tax year 2012. The reporting was mandated by this year’s health care reform legislation, but the IRS determined that employers need more time to comply.
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