Partners in midsize to large firms face many challenges and complexities when negotiating a sale of their ownership interest.
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Information management and technology assurance
Expanding your app-titude
A monthly look at mobile apps that can make the CPA’s job and life better. This month: If this, then that (IFTTT): Create “recipes” for success…Consolidate your cloud storage with cloudGOO
Succession challenges for U.S. CPA firms to tackle
U.S. public accounting firms must tackle five challenges in their succession planning to fill the gaps left by Baby Boomer partners who have begun to retire, according to results from a Global Accounting Alliance survey.
How to prepare for auditing in a digital world of Big Data
Rapid changes in technology are a reality of the current business environment. In addition to affecting how business is done, these changes present new challenges to auditors. The internet, cloud computing, and the pervasive use of mobile devices enable auditors to practice in a globally connected environment. Technology can be
Global cyberattacks rose 48% in 2014
It should be no surprise amid the constant barrage of headlines about cybersecurity incidents that the number and cost of breaches is on the rise. Security incidents cost businesses an average of $2.7 million each year, according to a survey by PwC. Despite the burgeoning threat, information security is an
Ibanez ruling set precedent for right of CPAs to advertise dual credentials
This June marked the 20th anniversary of a U.S. Supreme Court ruling that remains of interest to the accounting profession because the litigants included a state board of accountancy and a dually credentialed attorney advertising that she was both a CPA and an attorney. In Ibanez v. Florida Board of
Pricing issues for small firm sales
When it comes to negotiating accounting practice sales, the owners of small firms often enjoy some big advantages over their counterparts at large firms. Why? Find out in this article, which examines the factors that determine the final price paid for a small accounting practice.
11 QuickBooks tips for producing stellar reports
You need accurate and timely information to make quick business decisions, and QuickBooks can help with that process—if it is used properly. The second installment of a two-part series explains how to unlock QuickBooks’ hidden features and facets to help you sort, organize, drill, filter, summarize, and export your way to better financial reporting.
Model behavior
Q: I have several worksheets of data that I want to pivot, but the Excel 2003 option to pivot multiple ranges of data no longer exists in Excel’s later editions. I find that I must copy and paste all workbook data onto a single worksheet to pivot the combined data.
Divisive security
Q: Can you direct me to a good checklist of precautions we should take to secure our employees’ mobile devices? A: Security is a hassle, but a necessary hassle. Perhaps this checklist will help you lock down those mobile devices once and for all. 1. Lock it. Require employees to
Say “no” to O/S “edition” upgrades
Q: Should we upgrade our Windows 7 and Vista computers to Windows 8? A: I don’t recommend updating older computers to newer operating systems because, in my opinion, you are better off buying a new computer. My reasoning is that the Windows operating systems installed on your older computers were
11 tips to optimize QuickBooks reporting
Many QuickBooks users fail to take advantage of the accounting software’s full capabilities. This first article in a two-part series provides tips for efficiently creating, grouping, memorizing, and printing financial reports.
Nine ways to improve data security
Many businesses continue to underestimate cyberthreats. An urgent change of mindset is called for, says Florian Stahl, lead information security consultant at MSG Systems in Germany. He offers nine tips to bolster thinking around data security.
Expanding your app-titude
Shop smarter with GroceryIQ…Managing finances with Personal Capital and Mint
Tax software: Ethical, legal, and professional liability risks
This column addresses a CPA’s professional liability exposures as well as ethical and legal obligations related to the use of tax software.
2014 tax software survey
Learn how CPAs in our annual survey assessed the performance, features, and technical support of eight major tax preparation software products.
10 Excel shortcuts
1. The SUM function. Pressing Alt+= in the cell below a column of numbers inserts the SUM function and highlights that column of numbers. 2. Select a range of data. Pressing Ctrl+A inside a range of data selects the data range. 3. Select an entire worksheet. Pressing Ctrl+A outside a
Remotely interested in supervision
Q: What technologies should we use to help monitor our “work-from-home” employees to make sure they are working productively and doing their jobs properly? A: According to the Telework Research Network, 30 million Americans (20% of the workforce) work from home at least part time, and Telework projects that number
What does it meta?
Q: How much does metadata (webpage titles, descriptions, and keywords) play into improving a webpage’s rating in Bing, Yahoo!, or Google searches? A: Metadata is an essential element to ranking higher in search engine results, and it is important to include relevant metadata in your webpage properties so your webpages
Combination charts
Q: Is it possible to overlay one chart atop another chart in Excel 2013 for comparison purposes? Create a 2-D Line chart. Start by creating a 2-D Line chart using the entire data range by highlighting the data (A3:C15 in this example) and then from the Insert tab, in the
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Preparing clients for new provisions next tax season
As the 2025 filing season approaches, H.R. 1 introduces significant tax reforms that CPAs must be prepared to navigate. These legislative changes represent some of the most comprehensive tax updates in recent years, affecting both individual and corporate taxpayers. This report provides in-depth analysis and guidance on H.R. 1.
From The Tax Adviser
November 30, 2025
Digital asset transactions: Broker reporting, amount realized, and basis
October 31, 2025
Recent developments in estate planning
October 31, 2025
