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Highlights of Accounting Systems Research

This article is the fourth in a series reviewing research relevant to practicing accountants. Previous articles covered auditing, management accounting and tax. Recent, top-ranked journals that cover accounting and information technology systems were examined to determine results containing practical implications. HOW IT OUTSOURCING IMPACTS STOCK PRICESWhen a firm publicly announces

A Quick Way to Erase Selected Data From a Workbook

Each year I take some of my prior-year Excel workbooks and delete all the old data except for the formulas—a tedious process. Is there a better way to do this? Excel has a tool for that. Highlight the area of the worksheet you want cleared. In this case, since the

On the Verge of an Academic Revolution

For those charged with educating the next generation of accountants, the expected shift from U.S. GAAP to IFRS stirs up a host of potentially thorny issues. Professors and college administrators are dealing with questions about the timing of the curriculum expansion and the resources needed to handle IFRS. They are

Shortcuts

Ctrl+1: Opens the Format Cells menu Ctrl+Shift+&: Places a border around a cell or group of highlighted cells Ctrl+Shift+-: Removes the border Ctrl+Shift+$: Turns a cell or highlighted row or column into a dollars-and-cents format Windows logo key+E: Opens Windows Explorer

Test-Driving the Codification

UPDATE: FASB Delays Codification Launch to July In January, FASB released the FASB Accounting Standards Codification (ASC or codification). The codification simplifies the classification of accounting standards by restructuring all authoritative U.S. GAAP for nongovernmental entities into one online database under a common referencing system. The codification is a first

Create a Shortcut For Easy Access to System Restore

I’ve been told that any time I make a major change in my computer—such as installing new software or new hardware— I should create a new System Restore point. But that function is buried under many layers, and so, when I’m busy, more often than not I fail to follow

XBRL: Who Are the Early Adopters?

View the PowerPoint presentation narrated by JofA Senior Editor Matthew Lamoreaux. XBRL is evolving everywhere, but unevenly, driven by various stakeholders such as governments, stock exchanges, banks and other industry sectors. While the SEC has been finalizing its proposed rule requiring public companies and mutual funds to file their financial reports

Highlights

     The AICPA’s Professional Ethics Executive Committee (PEEC) issued an exposure draft, Interpretation 101-17, Networks and Network Firms, under Rule 101, Independence, of the AICPA Code of Professional Conduct. Along with new or revised definitions for network, network firm and firm, the ED proposes that when CPA firms form

A Discreet Alternative to Keeping Shortcuts Displayed on the Desktop

I think the most effective way, and it’s my favorite, is to put the shortcut right in the Start menu so all you have to do to access the shortcut is click on the Start menu. The procedure takes a few seconds. Start by placing a shortcut to the target

Help Me Find My “Lost” Cursor

Under the Visibility heading, place a check next to Show location of pointer when I press the CTRL key. When you engage that function, you’ll see an animated shrinking bull’s-eye aimed at the cursor; it can’t be missed. There are other things you can do, too, to make the cursor

On the Record: A Clear Advantage

“When the investor wins, so does the public company, fund, or other filer who simultaneously benefits from greater transparency and trust in our markets. By tapping the power of interactive data…markets can become fairer and more efficient while investors can possess far better quality data than was ever possible before.”

Protect Your Wireless Network—And Your Business

It’s hard to stop hackers from gaining access to something as ethereal as an electronic signal. That’s why it has always been challenging to secure a wireless network. If yours isn’t secure, your business and its data are at great risk. Hackers may be able to monitor which sites you

XBRL

The SEC unveiled the successor to the agency’s 1980s-era EDGAR database, which will give investors far faster and easier access to key financial information about public companies and mutual funds, according to an SEC news release. The new system is called IDEA, short for Interactive Data Electronic Applications. Based on

Price Tags on Technology: No Simple Solutions

In today’s increasingly technology-driven economy, CPA/ABVs face an arduous task in putting a price on technology-based intellectual property. Even with examples like Google’s search engine, Apple’s iPod, or Microsoft’s Windows platform, where established markets exist and discrete revenue streams can be tied to a specific technology, determining value apart from

Shortcuts

Alt+F4 (in a program): Closes the window Alt+F4 (from the desktop): Opens the Windows Shutdown/ Restart dialog box Alt+Spacebar: In the active window, this brings up the corner dialog box Alt+Esc: Cycles between open windows in the order they were opened Shift+Delete: Permanently deletes an item (rather than sending it

Shade Alternating Rows of a Spreadsheet

Bonus: If you subsequently add or delete columns within that range, the color pattern will automatically adjust to the size you select. And if you replace the word ROW in the formula with COLUMN, the color scheme will be installed for every other column instead of every other row. In

Smart Stops on the Web

         CONTINUING EDUCATION THE CPA TOOLBOX www.cpemarket.com This Smart Stop is part of the National Association of State Boards of Accountancy’s www.nasbatools.com, which offers “tools for accountancy compliance.” CPAs can search CPE course providers, the National Registry of CPE Sponsor courses and quality assurance service courses, plus

SPONSORED REPORT

Agentic accounting has arrived: What’s hype and what’s real?

Artificial intelligence (AI) is moving beyond chatbots and into accounting workflows. A new generation of agentic AI tools can plan, execute, and adapt as they complete tasks, raising expectations for what automation can do inside firms and finance departments. What can agentic AI realistically do today and what challenges are there in its implementation? Find out in this Journal of Accountancy sponsored report.