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PwC Investing $100M in Africa

PricewaterhouseCoopers International is rolling out a growth strategy for Africa that includes investing $100 million in people and infrastructure. The Big Four firm said it plans to hire an additional 8,000 partners and staff over the next five years as it builds an integrated advisory business for the continent. In

Polish What’s Dull, and Wax What Shines

For managers, the one activity more dreaded than receiving a performance review is writing one. So it’s no wonder many reviews fall short of their real intention: to provide a springboard for further growth and accomplishment. How can the performance review guide a productive discussion about an employee’s potential or

Outlook 2010 and 2007 Shortcuts

1. Convert an email to a task: Selecting an email message and pressing the Insert key converts the email to a task and copies the task to your Tasks list. In addition, the Outlook message is flagged in red to let you know that it is linked to a task.

Revitalize Your Firm’s Marketing Strategy

If you think there is room for improvement in your accounting firm’s marketing and sales effort, you’re in good company. A recent study by Broderick & Co., consisting of in-depth interviews with leaders representing 130 well-known professional services firms in accounting, law, executive search, management consulting, architecture, financial services and

One Tall Solution

Q: When printing large worksheets in Excel 2003, is there an easy trick to figuring out how many pages tall the print job needs to be to ensure that my worksheet prints out as wide as possible on the page, but no wider? I usually set the page width to

Your Finest Port

Q: I can receive email through Outlook, but I can no longer send email through Outlook. My POP3 email previously worked just fine, and I have not changed the password or any mail settings. What’s going on, and how do I fix this problem? A: Based on your description, it

XBRL

The IFRS Foundation said it will publish supplementary tags for the IFRS Taxonomy that reflect disclosures that are commonly reported by entities in their IFRS financial statements. The foundation, the IASB’s parent organization, said the common-practice tags will enhance the comparability of information by enabling entities to create IFRS financial

Mastering Your CDs

Q: My client created a backup of data files using a CD, but when we tested the disc on another computer, we were unable to read the disc. Is there a secret trick to creating CDs that can be read by other computers? A: Burning CDs in Windows can be

GAPP Targets Privacy Risks

As of early 2011, 46 states had enacted some form of privacy regulation. In particular, those enacted by Massachusetts and Nevada in 2010 significantly raised the bar in terms of business requirements. Even organizations that have no facilities or personnel in Massachusetts may be subject to the state’s regulations if

A Colorful Preview

Q: I developed a presentation consisting of numerous Excel charts and data tables on my desktop computer, and I plan to use Print Preview to deliver the presentation. In practice, on my desktop computer this approach works well; but when I transfer the presentation to my laptop, the presentation previews

FASB Launches XBRL Taxonomy Online Review and Comment System

FASB launched a new online system that makes it easier for stakeholders to review and provide input to its team on XBRL development taxonomy. The Taxonomy Online Review and Comment System enables organizations and individuals to submit comments directly to FASB, increasing convenience and ease of use. All comments are

Seeking New Clients Rises to Top of CPA Firm Issues

Bringing in new clients has moved to the forefront of concerns among CPA firms with two to 20 professionals. That finding is among the highlights of the AICPA’s 2011 PCPS CPA Top Issues Survey, released Tuesday. The survey also found that while client retention remains a key priority for CPA

Third Phase of XBRL Implementation Takes Effect June 15

The third phase of the SEC’s XBRL implementation program takes effect June 15, with nearly all public companies using U.S. GAAP now required to submit data in the fully searchable, digital format. Over the past two years, the largest SEC reporting companies have begun submitting financial information in XBRL. The

Add Value, Instantly

Q: When I open Excel on my two separate monitors, Excel doesn’t allow me to use Paste Special, Value, Add; it only works when I have the two workbooks opened on the same monitor. What’s going on, and how do I fix this? A: The issue is not that you

A Smart Solution to Formatting Bullet Lists

Q: I frequently create multilevel outline lists in Word. I want these lists to stand out, so I spend a lot of time individually formatting the various levels in my lists, but this is a tedious process. Is there any way to create a list style or easily apply formats

An Iconic Solution

Q: I have about 40 icons on my desktop (five years of tax preparation software, several CPA productivity tools, the Office suite, practice management and just plain computer overhead tools like the Recycle Bin). I have arranged these icons so I can find them easily, but Windows sometimes rearranges them

Foot Your Financials in Excel

Q: We produce financial statements from Excel, but typing the footnotes at the bottom of the financial statements is a headache because Excel does not offer word wrap, outlining or other word processing features. We have tried using different solutions such as Excel’s Justify command, and pasting from Word, but

Accounting Enrollment, Hiring Increase

CPAs looking to hire talented young accounting grads as well as students preparing to graduate need to know what their competition looks like. The AICPA’s 2011 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits, which was released in May, identifies key trends in accounting

Windows Shortcuts

1. Windows key+M: This keystroke combination will instantly minimize all open windows. (Note: This shortcut differs slightly from Show Desktop. While both options will minimize all open Windows, Show Desktop allows you to maximize all Windows as a group, whereas Windows minimized using Windows key+M must be maximized individually.) 2.

Financial Reporting

  The AICPA’s Financial Reporting Executive Committee (FinREC) released a working draft of the revised practice aid Valuation of Privately Held Company Equity Securities Issued as Compensation, also known as the “Cheap Stock” practice aid. It is an update of the practice aid originally issued in April 2004. The working

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.