Remote-access technologies—such as smartphones, tablets, laptops and at-home desktops—and automated processes have made the CPA’s job more efficient and convenient but also have created more opportunities for fraud and theft. These control procedures can help mitigate the risks. —By Randolph P. Johnston, (randyj@nmgi.com) executive vice president of Network Management Group
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Firm practice management
A Quick Guide to QuickBooks
More than 4.5 million companies use QuickBooks, making it by far the most widely used accounting system in the world. However, many CPAs frequently overlook or underutilize the product’s strongest features. Are you using QuickBooks efficiently and getting the most you can out of the product? Following is a list
CPA Horizons 2025: A Road Map for the Future
The AICPA has released the findings from a yearlong initiative to examine what’s on the horizon for CPAs and the accounting profession. CPA Horizons 2025 leveraged insights from more than 75,000 comments from CPAs in all segments of the accounting profession, regulators, thought leaders and futurists to highlight key trends
Technology 2012 Preview: Part 2
CPAs, whether in public practice or in industry, face a dizzying array of technological choices as 2012 approaches. To help everyone prepare for the year ahead, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+ Conference to discuss the hottest tech topics in the accounting
High-Potential CPAs, the BIG Picture
Editor’s note: Also read “The Lowdown on High Potentials” in the December 2011 issue of the JofA. With the 2011 edition of its Top Talent Survey, the AICPA’s Private Companies Practice Section took a look for the first time at high-potential CPAs working in the business, industry and government (BIG)
E&Y CEO Turley Retiring Effective June 2013
James S. Turley is retiring as chairman and CEO of Ernst & Young effective June 2013, the Big Four accounting firm confirmed Wednesday. In a communication to E&Y partners worldwide Nov. 10, Turley said that he would retire at age 58, according to a statement released by the firm. The succession
Software Trends for 2012
With 2012 just around the corner, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+ Conference to talk about tech trends heading into the new year. The nearly 90-minute conversation covered a wide range of technical issues critical to all CPAs. Participating in the call
Social Media
With 2012 just around the corner, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+ Conference to talk about tech trends heading into the new year. The nearly 90-minute conversation covered a wide range of technical issues critical to all CPAs. Participating in the call
Clifton Gunderson, LarsonAllen to Merge, Create Top 10 Firm
Top 20 accounting firms Clifton Gunderson and LarsonAllen said Tuesday that they plan to merge Jan. 2, 2012, creating one of the 10 largest CPA firms in the country. The new firm would take the name CliftonLarsonAllen (CLA) and boast more than $550 million in combined revenue. CLA would have
New Revenue Sources for CPA Firms
With 2012 just around the corner, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+ Conference to talk about tech trends heading into the new year. The nearly 90-minute conversation covered a wide range of technical issues critical to all CPAs. Participating in the call
Family Business Transition Planning
Family relationships and values can make succession of family businesses even more challenging than for other enterprises. Here are some suggestions for family businesses that can make succession planning and execution less trying. (This article is adapted from a free white paper by the authors available at tinyurl.com/5uv6oy6.) By James
Technology 2012 Preview: Part 1
With 2012 just around the corner, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+Conference to talk about tech trends heading into the new year. The nearly 90-minute conversation covered a wide range of technical issues critical to all CPAs. Participating in the call were:
Mobile Technologies: Tablets and Smartphones
With 2012 just around the corner, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+ Conference to talk about tech trends heading into the new year. The nearly 90-minute conversation covered a wide range of technical issues critical to all CPAs. Participating in the call
Cloud Computing
With 2012 just around the corner, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+ Conference to talk about tech trends heading into the new year. The nearly 90-minute conversation covered a wide range of technical issues critical to all CPAs. Participating in the call
CPA Horizons 2025: A Road Map for the Future
The AICPA on Wednesday released the findings from a yearlong initiative to examine what’s on the horizon for CPAs and the accounting profession. CPA Horizons 2025 leveraged insights from more than 75,000 comments from CPAs in all segments of the accounting profession, regulators, thought leaders and futurists to highlight key trends
CPA2Biz to Launch “CPA.com” Email Service
CPA2Biz plans to offer a CPA-branded email service for AICPA members beginning this fall. Eligible members of the AICPA will be able to get an email account in their own name ending in the cpa.com domain. John Smith, for example, could get the address john.smith@cpa.com. Members with common names can
Favorite New Technology
With 2012 just around the corner, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+ Conference to talk about tech trends heading into the new year. The nearly 90-minute conversation covered a wide range of technical issues critical to all CPAs. Participating in the call
Key Technology Issues for 2012
With 2012 just around the corner, the JofA gathered the three technology keynote speakers from the AICPA’s 2011 Practitioners Symposium/TECH+ Conference to talk about tech trends heading into the new year. The nearly 90-minute conversation covered a wide range of technical issues critical to all CPAs. Participating in the call
The iPad Decision
Ask one CPA, the managing partner of a 160-employee firm, what he thinks of using the iPad in his work, and he tells you “there’s no other way to practice right now.” Ask another, the IT head of a 400-employee firm, and he tells you that his iPad is no
Tablets: A Quick Look
Editor’s note: Also read “The iPad Decision” in the October 2011 issue of the JofA. To access a chart with details on more than 50 iPad applications and information on browser-based applications from major accounting-software publishers, click here. The following are profiles of some of the top tablets on the market. Please
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How to find the right CAS clients
The key to success with CAS is selecting the best clients. Tools like ideal client profiles (ICPs), buyer personas, and even artificial intelligence can help identify the businesses that best fit each CAS practice.
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