Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
June 19, 2017
Taking the Pain Out of Expenses
Most accountants I know like helping people and contributing to making their businesses successful. Even though many accountants deal with the details of compliance through financials, tax and audit, most aren’t fans of the drudgery of the work that ...
June 13, 2017
Phoenix CPA Honored with AICPA Scholarship for Information Management and Technology Assurance
An audit associate from Phoenix, Ariz., is the recipient of this year’s Young CPA Scholarship from the American Institute of CPAs’ Information Management and Technology Assurance (IMTA) Section. The scholarship covers the registration fee and travel expenses to AICPA ENGAGE, currently underway in Las Vegas. Corbin Smith, 26, is a CPA with Sarvas, Coleman, Edgell...…
June 13, 2017
Want to Bring More Services to Your Clients? There’s A FinTech for That
It used to be that a typical CPA firm did their clients’ taxes, and prepared their P&L and financial statements, and that was that. These days, there are few “typical” CPA firms left. As they seek to diversify, differentiate and grow by offering their ...
June 13, 2017
AICPA Requests Delay in Effective Date for New Partnership Audit Regime
Nellen noted that the process of developing the necessary framework to operate the Regime is still in a very early stage. “The AICPA believes that it is unlikely that all the procedures and guidance necessary for taxpayers to make informed decisions ...
June 12, 2017
Revenue Recognition, Cybersecurity and PCAOB Inspection Reports Found to be Influencing Forces on Companies’ SOX Compliance Efforts
The annual Sarbanes-Oxley (SOX) Compliance Survey released by global consulting firm Protiviti today reveals a new set of challenges facing public companies amid their compliance efforts. PCAOB audit requirements, new revenue recognition standards and ...
June 12, 2017
How to Detect Accounts Payable Fraud
Vulnerabilities in AP have serious consequences. According to the 2016 Report to the Nations on Occupational Fraud and Abuse conducted by the Association of Certified Fraud Examiners (ACFE), AP fraud accounted for nearly half of all reported fraud cases.
June 9, 2017
8 Steps to Compliance with New Revenue Recognition Standards
For most companies and financial organizations, all eyes may be on regulatory changes and tax reform. But as we approach mid-year, public and private entities must also prepare for adoption of new revenue recognition standards established by the Financial Accounting Standard Board (FASB) and International Accounting Standards Board’s (IASB). The deadline for implementation of the...…
June 7, 2017
70% of Companies May Miss New Revenue Recognition Standard Deadline
Nearly 70 percent of respondents polled during the recent Deloitte-Bloomberg BNA revenue recognition conference said their organizations are still assessing how they will implement the new standard.
June 7, 2017
8 Tips for Understanding Attestation Engagements under SSAE 18
While most clients request typical accounting or audit services from their CPA firms, many have specific needs that firms are often unable to meet through traditional preparation, compilation, review or audit engagements related to the financial ...
June 7, 2017
2017 Innovation Award Winners Announced in Los Angeles
The 2017 Tax and Accounting Technology Innovation Awards, now in their 14th year, highlight this progress in workflow management and client collaboration, with this year’s winners all offering cloud-based solutions that enhance firm operations.
June 6, 2017
Neat Adds Integration with QuickBooks Desktop
Neat’s integration with QuickBooks Desktop is a universal solution with the flexibility to cater to the specific needs of different industries. Regardless of company offering, Neat with QuickBooks Desktop allows small businesses, accountants and ...
June 6, 2017
Study Says Companies Not Ready for New Revenue Recognition Standards
Many companies are not ready to implement the new revenue recognition standard by its 2018 effective date, and CFOs and CIOs are not fully aligned as to why. According to the just released EY Revenue Recognition Survey, 85 percent of CIOs believe the ...