This free white paper, “Financial System Considerations in IFRS Conversion Projects,” is provided by the AICPA’s IT Section of the Specialized Communities/Firm Practice Management Group and includes: High level discussion of potential system impacts during an IFRS conversion Highlighting key differences between IFRS and US GAAP as well as
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Information management and technology assurance
SBA Warns Small Businesses of Scams to Help Obtain Government Loans
The U.S. Small Business Administration (SBA) warned that the agency has received several complaints from small businesses about abusive marketing practices, scams and exorbitant fees charged by companies offering to help businesses get a loan, grant or other federal funds from the SBA. Complaints received by the SBA’s Office of
How to Create a Super-Safe Password That’s Easy to Remember
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IFRS for SMEs-U.S. GAAP Comparison Tool Available Online
While the SEC moves toward a 2011 vote on whether to require U.S. public companies to report using IFRS, a more compact version of the international standards is already an option, subject to state board approval, for U.S. private companies. Now there’s a free online tool to help preparers understand
Archive Outlook Safely, Effectively, Swiftly
Q I’ve been archiving my old Outlook files every few weeks since I loaded Outlook 2002, and now I can’t open the archive. Have I lost all those e-mails? Wasn’t I doing the right thing—keeping my old mails regularly archived—rather than leaving them in the Inbox? A Well, let’s put
How to Fix Corrupted Microsoft Office Files
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Project Management for Accountants
Project management is a client-focused process that significantly increases the probability of providing the desired results to the client. It can help an accounting firm plan its resources more effectively and ensure that work is delivered to clients in a timely manner. The project management methodology enables an accounting firm
Technology Considerations for Converting to IFRS
Lewis A. Dulitz, vice president of accounting policies and research at Covidien—a $10.7 billion health care products company with 42,000 employees in more than 60 countries—was part of a team that implemented the necessary technology changes in Europe to help Covidien convert to IFRS and led a similar team in
Create Your Own Lookalike Office 2003 Toolbar and Add It to the Ribbon
Q I’ve just switched from Office 2003 to Office 2007, and although it’s clearly more powerful, I’m not enamored with the Ribbon. I waste loads of time in frustrating searches through its scattered maze of functions. Isn’t there some way I can keep the Office 2007 muscle but go back
Toward a (More) Paperless Tax Practice
Nearly all CPA firms prepare tax returns electronically. However, many still also use some old-fashioned methods, such as sending out tax organizers manually. Here are tips to more fully realize what it means to go paperless. First, understand and share the goal: A more efficient, digital tax process can help
Reader Input
Paul McClain, controller at the Hillcrest Medical Center in Tulsa, Okla., reminded me of this handy tip for those still using Office 2003: If you have files or folders you use fairly often but you do not want to clutter your desktop or your Start menu with shortcut icons, click
Small Business
Highlighting the experiences of successful entrepreneurs, the U.S. Small Business Administration, in partnership with Dell Inc., launched an online video series offering tools and strategies to help small business owners rebound from the recession and put themselves in a position to expand and create jobs. Strategies for Growth: Advice
Office 2007 Users Can Change Their “Save As” Defaults to Accommodate Those Still Using Office 2003
Q Although I upgraded to Office 2007 soon after Windows 7 came out, many of my clients and colleagues are still using Office 2003. As a result, they often can’t open my Word or Excel files. So I try to remember to save all the files I share with them
The F8 Key Adds a Sophisticated Assist When You Need to Highlight Text in Word
Q I once read that the F8 key provides a better way to custom-select text you want to copy, delete or just format. But I can’t figure out how to do it. Can you help? A Sure, in fact it’s one of my favorite shortcuts. As you know, the basic
Windows Explorer Renames Multiple Files in One Fell Swoop
Q I have a large group of files, all with different names, that relate to one subject. I’d like to rename all of them with the same name, but I also want to give them individual identifiers—such as Money Smith (1), Money Smith (2), etc. I really don’t want to
Adjust the Size of Desktop Icons With a Spin of the Mouse Wheel
Q I sure would like to be able to customize the size of my Windows 7 Desktop icons. Do you know how I can do that? A The icons in the Desktop’s toolbar can be adjusted to either large or small—but nothing in between (see screenshot below). The default
Shortcuts
+ E: Opens the Explorer Window. + D: Toggles between the Desktop and returns you to the last open screen. + L: Locks your computer. + F1: Displays the Windows Help menu. + Pause: Displays the System Properties dialog box. + U: Displays the Utility Manager with accessibility options:
Grow and Thrive
What are you doing to grow your practice? How can you help your clients become more profitable? Use the following tips to redefine the services you provide clients, and look for additional opportunities to develop new revenue sources: —By Alexandra DeFelice (adefelice@aicpa.org), a JofA senior editor, based on a presentation
Financial Accounting Foundation to Maintain XBRL Taxonomy for U.S. GAAP
The Financial Accounting Foundation announced it will take on responsibility for the ongoing maintenance of the XBRL U.S. GAAP Financial Reporting Taxonomy. Its activities will focus on updating the taxonomy for changes in U.S. GAAP, best practices in taxonomy extensions, and technical enhancements. The taxonomy is a list of computer-readable
How to Get Those Vanished Tabs at the Bottom of an Excel Workbook to Reappear
Q Every now and then the tabs at the bottom of an Excel workbook disappear. I don’t know what I did to cause that to happen, and I can’t figure out how to get the tabs to reappear. Please help. A Any number of things can trigger that disappearing act—
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