News for Business & Industry Professionals

  • The Top 25 Small Business Apps for 2016

    Problem solver. Communicator. Financial whiz. Running a small business involves wearing a lot of hats. If you’re looking to increase productivity and organization — or just make your life as an entrepreneur a little easier — a good app might be just what you need.
  • Indiana Adopts Competency-Based Education for CPA License Renewal

    The Indiana Board of Accountancy made history July 15 when it approved competency-based education to count toward CPA license renewal, marking the first time in U.S. CPA profession history that competency-based, and not hours-based, education has been permanently approved. So what does it all mean?
  • FASB Proposes Changing Income Tax Disclosure Requirements

    FASB proposed accounting rules Tuesday that would change disclosure requirements for income taxes on organizations' financial statements.
  • New Accounting Rules Could Encourage Use of Derivatives

    Changes to accounting rules for derivatives may prompt companies to start using reasonable derivative-based risk-management tools, said Jim Kroeker of the Financial Accounting Standards Board. Kroeker suggested this was one possible benefit of FASB's proposal for hedge accounting, which could be issued in September.
  • Ten Tips for Accounting Firm Websites

    No matter how web designs change over time or what tools come out to produce them, you can count on these ten hard truths. If you’re willing to accept them, you’ll get the most out of your website and you’ll avoid making rookie mistakes.
  • How to Use Technology to Grow Your Client Base

    Congratulations on having completed a much-improved 2016 tax season*! But don’t rest on your laurels when the single-biggest fact in determining your success, according to CPA Trendlines research, is how you spend your “off” season.
  • Common Misconceptions of Succession Planning

    Now that busy season is safely in the rearview mirror, it’s probably sage advice for owners and partners to take a holistic view of their practice and assess what needs to be done in terms of growth and, particularly, with regard to succession.
  • Companies Struggle to Cope with FASB Leasing Standard

    Financial executives are anticipating trouble adjusting to the lease accounting standard that the Financial Accounting Standards Board released in February, as FASB also rolls out its new credit loss standard Thursday.
  • IRS to Change How It Reviews Amended Tax Returns and Refund Claims

    The Internal Revenue Service plans to change some of its procedures for reviewing amended tax returns after a government report estimated it may have inappropriately allowed approximately $32.4 million in tax refunds and abatements.
  • Many Companies Completely Unready for Revenue Standard

    Many public companies are falling far behind in their ability to implement the forthcoming revenue recognition standard (10 APPR 525, 6/6/14) when it takes effect in 2018 and might not be aware of their situation, a Deloitte and Touche partner told Bloomberg BNA.

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