Madoff CPA: “Don’t Cheat!”

If there’s one thing CPA David Friehling really couldn’t stand, it was a cheater. At least that’s what Bernie Madoff’s auditor-of-record says in a column he wrote for “The Trusted Professional,” the newsletter of the New York State Society of CPAs. … Continued

The Solo CPA’s Top Work-at-Home Tips

How a solo CPA finds success and happiness working from home.

by Rick Telberg

With past recessions as a guide, it’s easy to predict that more CPAs will be working harder and longer in 2009. And many of those work-hours will be spent at home or on the go.

Ballman
Ballman

Whether you’re climbing the corporate ladder or launching your own practice (or both), you’ll need to know how people succeed at it.

So it’s worth checking in with veteran soloist, Harry C. Ballman, MBA, CPA/PFS. Ballman has been soloing since leaving the Big Eight in 1978. Ballman is a past president of the Washington, D.C., CPA society and currently an elected member of the governing AICPA Council.

Here are Ballman’s suggestions for going it alone: READ MORE →

Madoff’s Auditor… Doesn’t Audit?!

AICPA: Madoff’s auditor claimed it didn’t do audits. Ethics probe launched. Friehling & Horowitz, the small New York auditing firm that certified the financial statements of Bernard Madoff Investment Securities, has been telling the AICPA for 15 years that it … Continued

Bowman’s Reports: CBIZ Acquires Tofias

Within just a few weeks of ending an 18-month absence in New York with the acquisition of Mahoney Cohen & Company, CBIZ is filling a huge hole in Boston by acquiring Cambridge, Mass.-based Tofias, according to Bowman’s Accounting Report. Subscribe … Continued

SEC Officially Mandates XBRL [UPDATED]

Welcome to “The Age of Transparency.” UPDATED: 5:50 pm to add AICPA comments The Securities and Exchange Commission has officially adopted a rule mandating XBRL filings beginning in 2009. With this rule, the SEC is effectively mandating that all public … Continued

CPA Firms Gain Amid Dismal Jobs Report

Your mother was right: “Become an accountant and you’ll always make a living.” Take a look, for instance, at the latest jobs report from the U.S. Department of Labor, which showed the overall economy lost 533,000 jobs in November – … Continued