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Sweet savings

Q: When I purchase merchandise on the web, I often see an option to enter a discount code on the checkout page, but I never seem to have one. I’ve tried searching the web for discount codes that I might use, but I never seem to find codes related to

Six trends that are reshaping business

Accountants excel at analyzing numbers and developing strategies based off them. The way University of North Carolina at Chapel Hill professor James Johnson, Ph.D., sees it, the numbers describing the demographics of the United States leave accountants little choice today but to embrace diversity and new business practices. Johnson spoke

Commission to survey accounting profession’s diversity climate

An AICPA-led body plans to gather perspectives on the profession’s views on diversity and inclusion through a survey and provide a new best practices resource for firms that are developing diversity initiatives. The recently formed AICPA National Commission on Diversity & Inclusion is charged with developing methods to help the

Smart ways to tap accountants’ business process acumen

It’s not unusual for organizations to run into problems when they implement business solutions. Some organizations cannot launch the software at all. Others struggle with cost overruns or lose revenue because a software malfunction, inadequate training, or improper configuration leads to business interruptions, said Bob Gaby, CPA/CITP, CGMA, principal of

Pain in the spam

Q: I have my Outlook junk rules set to Low, but Outlook keeps sending important email messages to my junk folder anyway. Short of disabling my junk rules completely, what can I do to prevent this from happening? A: I, too, find Outlook’s junk rules a bit ambitious, even at

How to network and find new clients across borders

Companies increasingly are investing across borders. That includes foreign companies establishing operations in the United States or Canada. The North American investments require accounting and tax services, making foreign companies potential new clients for North American accounting firms. But what is the best way to network across borders and attract

Excel reader challenge

In the August 2013 JofA, I challenged readers to solve an Excel problem in which a preformatted report fetched an ever-changing last row of data. We received well over 200 solutions from a group of Excel-savvy CPAs. Though each solution was different, all of them worked properly and employed a

Playing around

Q: I am in the process of updating a Word 2003 document containing videos that were inserted as embedded objects. Previously, these videos appeared in a video window and when double-clicked played in place within Word 2003. However, in subsequent editions of Word, these embedded videos appear as a file

CPAs think big

Q: I see many new Windows 8 tablet PCs and touchscreen ultrabooks hitting the market, but most of them are fairly small. I am currently shopping for a larger Windows 8 touchscreen ultrabook (with a fast solid-state drive) that is big enough to easily read, and with a keyboard large

A two-stage solution to succession procrastination

The 2012 PCPS Succession Survey, a joint project of the AICPA Private Companies Practice Section (PCPS) and Succession Institute LLC, found nearly 80% of CPA firm owners expect succession to become a major issue for their firms in the next 10 years (see “Succession Planning: The Challenge of What’s Next,”

Office 2013 is so touchy

Q: I recently purchased a touchscreen ultrabook with Office 2013 installed, and I would like to learn more about operating Word 2013 using the touch controls. Can you send me to a list of Office 2013’s touchscreen controls? A: Microsoft offers the Office Touch Guide at tinyurl.com/kcatd39. It includes instructional

Norton’s new management

Q: We use Norton anti-virus software on multiple computers in our offices, and we have been happy with its ability to protect our computers. However, we find the process of renewing our Norton licenses confusing because clicking Norton’s renewal button links users to a Norton sales webpage that prompts them

Write it down: The importance of documenting oral advice

CPAs routinely provide oral advice to clients. While professional standards generally do not require such advice to be documented, the experience of the AICPA Professional Liability Insurance Program demonstrates that undocumented advice weakens the defense to a professional liability claim. This real-life scenario provides an example: A CPA providing bank

No comment

Q: My Excel workbook contains numerous comments explaining the source of selected values in my report, and I want to include these comments on the printed report. I have tried both of the Page Setup options that enable me to print the comments either “as displayed on sheet” or “at

Tackling the top issues

For many, if not most, accounting firms, the quest to survive the Great Recession and its aftermath has ended. The focus now is on growth. That’s one of the overarching themes derived from the 2013 Private Companies Practice Section (PCPS) CPA Firm Top Issues survey, which found that accounting firms

Women’s initiatives: A strategic advantage

The recent AICPA supply and demand survey found that women constituted 44% of accounting employees at CPA firms but only 19% of the partners. The partnership percentage was a step back for women in public accounting. The percentage of female leaders in firms had risen from 1% (partners and principals)

Test your Excel IQ: Solution

Last month I turned the tables and challenged JofA readers to answer another reader’s Excel question, as follows: Q: I have created an Excel template in which I enter employee information and pension data, and as we enter this data, I want the last row automatically displayed in the ready-to-print

Your work is clear

Q: Our satellite offices provide temporary office space to visiting staff, and each office is equipped with a shared computer. I frequently use these office computers, but after I’m done I am not comfortable that Word and Excel display the names of the most recently opened files, because this allows

How to select a successor

Selecting the successor for a retiring partner in an accounting firm can take on many forms. The decision can be made by an individual CPA or by the firm leadership. It can involve the transfer of clients, ownership, and/or responsibilities internally or the sale of ownership to an outside entity.

When is a partner “retired”?

When a longtime partner or employee retires from a CPA firm, a sense of loyalty often compels the existing partners to allow the individual to have a symbolic role at the firm. This can include a courtesy title, office space, and invitations to company soirees. While this may seem like

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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.