Talk turns to international “convergence.”
States are apparently resisting the move to a globally-mandated set of accounting rules for fear of ceding authority to foreign regulators. And, since Obama appointees clearly have more urgent work to do, IFRS will probably be back-burnered for now. So the question is: Is IFRS dead? Should it be?
The NASBA news release:
NASHVILLE, Tenn., Feb. 19 /PRNewswire-USNewswire/ — Moving to convergence with, rather than adoption of, International Financial Reporting Standards (IFRS) is the right path for the Securities and Exchange Commission to be following, the National Association of State Boards of Accountancy has told the SEC. READ MORE →
Early results from a new survey into how CPAs spend their time online, shows that they shop regularly and attend webinars.
But ask them what they enjoy doing online, or where they “hang out,” and you get a different picture…
This one:
This wordle.net pictograph is drawn from the verbatim responses of 137 CPAs on Feb. 19 and 20, 2009.
To get the updates and complete results, join the CPA Trendlines survey panel here.
Meanwhile, leave a comment here: Where do you like to hang out online and what do you do there?
(CPA Trendlines research by Bay Street Group LLC. Data copyright 2009 AICPA.)
How many firms could do it today?
McGladrey traces its root back to 1926 when Ira McGladrey established I.B. McGladrey & Co, in Cedar Rapids, Iowa. Three years later the country plunged into the Great Depression, but Ira McGladrey remained true to his employees and didn’t lay off a single one.
“It’s yet another reminder that there is more than doom-and-gloom out there if you care to look for it,” says Roger Philipp, CPA at the Roger CPA Review. “There is hope that just as Ira McGladrey did during the Great Depression, the industry can overcome whatever financial uncertainty awaits us.”
More at Roger’s blog.
Tech vendors need to know what closes the sale and creates a lifelong customer
by Rick Telberg/for CPA Channel Marketer
Looking for every advantage available in a tough economy, vast numbers of tax and accounting professionals are aggressively investing in technology to improve productivity, client service and marketing practices.
Paperless processes, dual monitors and application integration top the list of hot buttons for these CPA decision-makers, according to a CPA Trendlines survey by Bay Street Group LLC.
And many CPAs are not stopping there. “We have two monitors for everyone now. Let’s make it three a piece,” said the managing partner of a local CPA firm. “We have mastered the paperless office and web-based suite of programs and have created the infrastructure to manage our firm efficiently.”
READ MORE →
Dave McClure picks the five top web sites for tax season.
Domino’s Pizza is No. 5, at www.dominospizza.com.
Dave says:
You can pretend that you don’t order pizzas during tax season, but no one will believe you. That’s why Dominos made this list. Technically, most pizza lovers give Papa John’s a higher rating for taste, but that chain’s website and online ordering systems are a disaster. Pizza Hut is a close contender, with an excellent online order system and great pizzas. But the difference that puts Dominos at the top of our list is the “Pizza Tracker” feature that allows you to know within minutes when your pizza will be delivered. That, combined with economy and selection, put this at the top of the delivery list if not the flavor list
Get the rest of the list here: Five Key Websites For Tax Season.
Accounting and consulting job postings have fallen 53% since January 2008, to 119,171 listings last month.
That’s more than any other category tracked by Indeed.com.
On the other hand, salaries continue to climb, up over 20% in the same 12 months to today’s average $46,000.
Accounting salary trends
More at http://www.indeed.com/jobtrends/accounting-industry
CPA offices allow pets. But there are rules.
Some Dixon Hughes offices are laid out in race track fashion “to encourage puppies to run endless laps, much to the amusement of older pooches and their two-legged BFFs,” according to AccountingWeb.
The Humane Society of the United States recommends that if you’re going to allow dogs, think it through and set appropriate boundaries in order to start off on the right paw.
- Get buy-in from the top, ahead of time.
- Seek input from everyone on your team. For example, find out if anyone in the office is allergic to dogs, before you emBARK on such a policy.
- Make it clear that people come first, so if having dogs on the premises becomes a problem, common sense has to prevail. Be sure that staff members know that dogs are allowed only as long as problems are minimal.
- Design your rules to minimize distractions and maximize respect for everyone in the office.
- Make sure everyone knows the rules and expects to follow them.
