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Renewed reasons to change names

Q: Our two website domain names are coming up for renewal soon, and our current domain-name-hosting company charges a renewal fee of $37.99 per year per domain name. (We use another company for web hosting.) This seems high compared with other advertised domain-name-hosting fees I see, so we are considering

What’s the text?

Q: We provide smartphones to our 120 sales reps, who primarily use them to send and receive thousands of text messages to and from their overseas customers. However, these customers often use other carriers, and, as a result, the text messages exceeding a relatively low messaging-plan threshold cost us a

Five key trends worth watching

Demand for the services of CPAs is likely to intensify in the coming years. But in attempting to meet that demand, CPAs and the businesses they serve appear destined to face challenges in recruiting and retaining talent. These were some of the developments in a forecast for the accounting profession

AICPA subsidiary CPA2Biz changes name to CPA.com

CPA2Biz, the commercial subsidiary of the AICPA, is changing its corporate name to CPA.com. Erik Asgeirsson, president and CEO of CPA.com, announced the change at the AICPA Council meeting in Scottsdale, Ariz. The CPA.com brand is not new to CPA2Biz. The company has used the brand in marketing its digital

Payroll, tax top choices for outsourcing in finance

Payroll and tax remain the most often outsourced functions for accounting and finance departments in the United States and Canada, according to a new survey. Outsourcing of payroll occurs at nearly half of U.S. and Canadian companies participating in the fifth annual benchmarking survey released jointly Tuesday by staffing services

SEC issues warning about bitcoin investments

The SEC is urging investors to proceed with caution when evaluating potential investments related to bitcoin. Bitcoin-related investment opportunities may come with a heightened risk of fraud, the SEC warned in an investor alert issued Wednesday. In the alert, the SEC said the rise of bitcoin and other virtual and

How to use COSO to assess IT controls

CPAs can assess the effectiveness of their organization’s information technology controls by using Principle 11 of the newly updated internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). See a step-by-step procedure for applying Principle 11 to IT controls.

The hidden scrolls

Q: A colleague sent me an Excel 2013 workbook, but when I open it in Excel 2007, the scroll bars do not properly display. Is this a backward compatibility issue, and if so, is there a solution? A: Excel allows you to suppress the scroll bars in a given workbook;

Bringing in more clients

Networking and visibility are key to building any CPA firm. To establish their brand in the community, CPAs must find the business development approaches that best suit their individual style. The following steps will help them pave their own business development path:   Overcome the urge to be the worker

Several Windows 8.1 questions

I have received multiple questions concerning Windows 8.1, as follows. Don’t Get Me Started Q: How do I make Windows 8.1 boot directly to my Desktop view? A: To set the Desktop as your default view in Windows 8.1, right-click on any unused portion of your Taskbar, select Properties, and

Tag—you’re it!

Q: I overheard someone say that taking pictures with a smartphone is less secure than using a camera; do you have any idea what they might be talking about, and is this true? A: By default, when you take a picture (or record a video) using your smartphone, your camera

Future tech

Since publishing the November 2013 Tech Q&A topic “What’s Next,” (page 68) which discussed the future of smart glass, RFID, and 3-D printing technologies, I’ve received numerous requests for more technology predictions. Here are a few more promising technologies that you might want to keep an eye on. Coin. A

Going paperless, manually

Author’s tip: A few years ago I began downloading the product manuals for each new appliance and gadget I purchased, and I keep them in a folder named Product Manuals. For example, I have electronic PDF versions of all of the product manuals for all of my appliances, televisions, stereo

Seeing things from a different perspective

Q: I purchased an Epson EX7220 projector for our training room, and for convenience I set the projector up on the countertop alongside the classroom (as pictured below).   I hoped to use the built-in keystone tools to adjust the screen to the proper rectangular display. Unfortunately, the keystone slide

Excel: The power of mapping

CPAs often have to produce recurring reports, such as quarterly balance sheets, from datasets, such as trial balances. The process can be tedious and prone to error, but an Excel technique called mapping can show the way to better results. Learn more in this Technology Workshop.

Embracing the automated audit

Technology is changing the way audits are being performed, with greater access to data but also more data to sort through. Auditors can remain efficient and effective by employing applications designed to help automate some procedures.

Data security risk: You can take it anywhere

While no security program or security software can guarantee that data will never be lost or stolen, application of a few basic principles can help address mobile security risks and mitigate professional liability exposure.

Harnessing the power of the cloud

Cloud computing and increasingly powerful mobile devices are breaking down communication, data access, and market barriers for CPAs, but the breakthroughs also open the door to potential trouble. A panel of technology experts offers advice on how CPAs can make the most of technology while minimizing the risks.

The price is right

Q: My Excel workbook calculates the cost of hundreds of manufactured inventory items. We want to create an Excel formula that will automatically set the sales price at three times cost, with the sales price ending in 99 cents. Further, these manufactured items are packaged nine to a box, and

LinkedIn job-hunting tips

Q: I am searching for a job, and several friends have recommended that I use LinkedIn to help with this endeavor. Based on their advice, I’ve updated my profile and searched LinkedIn’s job postings, but is there more that I could be doing with LinkedIn? A: Searching LinkedIn’s job postings

FROM THIS MONTH'S ISSUE

AI risks CPAs should know

Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.