2017 - Page 8 of 14 - Journal of Accountancy

June 23, 2017

The case for updating your policies and procedures manual

It’s important to stay up to date with a document that can enable effectiveness and efficiency.

June 22, 2017

FASB issues proposal for consolidation of VIEs

A proposed ASU would give private companies an alternative for financial reporting associated with consolidation of variable-interest entities.

June 22, 2017

Tax provisions in the Senate health care bill

The Senate Republicans’ bill to replace Obamacare would repeal many of the Affordable Care Act’s tax provisions. Here’s a look at the tax changes in the bill.

June 22, 2017

What FASB has in store for not-for-profits

The pace of standard setting may slow in the coming months, but one key new project is on the horizon.

June 22, 2017

Quiz: Test yourself on these often confused words

The spelling checker on your word processing program can do only so much to flag problems. Your best insurance is to learn the troublesome words that trip up writers and use them correctly by the standards of formal, written English.

June 21, 2017

IRS reopens PTIN registration system

The system had been down since early June, after a federal court held that the IRS cannot charge a PTIN fee.

June 20, 2017

What audit committees need to know about PCAOB’s Form AP

Audit committees have new information to consider as a result of a new PCAOB rule requiring the naming of the engagement partner and other firms participating in the audit.

June 19, 2017

How the CPA Exam is scored

CPAs take immense pride in what they accomplished when they passed the CPA Exam, but the grading of the exam is a mystery to some. A new report provides some clarity on how the exam is scored.

June 15, 2017

How audit methodologies will change in the future

Embracing technology and making changes in your firm now will help your firm succeed in the future as new technologies enable auditors to provide more value to clients.

June 14, 2017

CPA firms: Create a niche practice serving the emerging gig economy

As entrepreneurial workers increasingly embrace the autonomy and flexibility of performing as independent contractors, they need CPA firms to help them with taxes, accounting services and other business needs.

June 14, 2017

Technology trends for accounting firm leaders

Rapid advances in technology are causing headaches and creating opportunities for accounting firms.

June 14, 2017

Create a workplace where employees want to stay

In a competitive environment, managers can do these five things to motivate and retain their best workers.

June 14, 2017

Good clients, bad clients: How to manage them all

Success starts with honing in on a firm’s “sweet spot” in terms of services provided, and identifying the firm’s best (and worst) clients.

June 14, 2017

Preserve family wealth—and your practice—by engaging the next generation

As wealthy Baby Boomers transfer their assets to Millennials, CPAs can help families preserve their assets and build loyalty to the firm by developing relationships with the younger heirs.

June 14, 2017

Staffing concerns again top list of CPA firm issues

Finding and retaining qualified staff again rank at or near the top of the priority list for firms with more than one professional.

June 14, 2017

Association, CPA.com launch ‘Shark Tank’ for startups

The Association and CPA.com Startup Accelerator will provide funding and other support to as many as five early-stage companies that emerge from a competition.

June 13, 2017

Why CPAs need to get a grip on blockchain

The decentralized ledger system may seem confusing, but it also adds up to new opportunities for savvy financial professionals.

June 13, 2017

Furious rush of digital disruption creates opportunities for CPAs to help clients

The demand is increasing for CPA firms to understand how new technologies are affecting clients.

June 13, 2017

Centralized partnership audit rules are reissued in proposed form

The IRS reissued proposed regulations governing the centralized audit rules, which assess and collect tax at the partnership level.

June 12, 2017

How to improve audit planning effectiveness and efficiency

Attention to the right details during planning can save time and enhance audit quality.

FROM THIS MONTH'S ISSUE

Making the right choice when no one is watching

The true test of one’s character is the decision made when no one is looking over your shoulder. Learn how CPAs can uphold ethical standards and take actions that help limit liability risk.