PAUL SAMUELSON: Financial crisis work of ‘fiendish monsters.’ With the financial crisis that started in the United States triggering a global recession, a Japanese newspaper reporter interviewed distinguished American economist Paul Samuelson (pictured) for his insights on what the world … Continued
Are the days of the big accounting firms numbered? Peterson thinks so. And he may know better than most, as a former general counsel at Andersen. In his latest post at Re:Balance, Jim suggests: “the bust-up figures would be as … Continued
In his the latest edition of his newsletter, the veteran accounting journalist and commentator Art Bowman says… We go through cycles of self-delusion, sometimes too giddy and sometimes too glum. The next recovery lies in the ruins of the last … Continued
Top management too often falls short. Many CPAs are less than satisfied with the leadership in their organizations, a finding that may not be surprising. But it’s still disturbing. Roughly 8 in 10 CPAs are reporting they are less than … Continued
Why do so many CPAs seem to not grasp that the most basic economic concept of supply and demand applies to our practices? Joseph T. Eckelkamp President Eckelkamp & Associates, CPAs Instead of continually lamenting shortages of qualified staff, we … Continued
What you need to know to make your firm more effective. What are today’s best leadership strategies? Join the study; get the answers. by Rick Telberg/At Large In these treacherous and tumultuous times, the difference between winners and losers – … Continued
AICPA senior vice president Sue Coffey addresses another looming shortage, this time in peer reviewers. Liz Gold reports from AICPA Fall Council: “Two years ago we had 11,000 peer reviews a year and only 1,700 peer reviewers, and that was … Continued
Key findings at a glance: 69% Not Impacted by Credit Squeeze. 91% Worried About Economy. 74% Believe Recovery Will Take 18 Months or Longer. PayCycle, Inc., the online payroll service, finds in a survey that found 58% of small business … Continued
I found change to usually be a good thing for billings. From Gary Jones Indigorilla Inc. via LinkedIn However, even with good things there can be some red flags of caution. For example – receivables become an issue for some/many … Continued
Maybe it’s time to scrap “independence” for comps and reviews. In this three-minute video, AICPA President and CEO Barry Melancon (pictured) explains the Accounting and Review Services Committee’s Reliability Project. The AICPA says the project “aims to enable CPAs to … Continued
This is the 14th year INSIDE Public Accounting has named the best-managed accounting firms. Two hundred fifty firms participated in this year’s IPA Annual Survey and Analysis of Firms. Each of the firms is eligible for the IPA Best of … Continued
Pre-season jitters are spiking early this year. Worried by a sinking economy and swirling changes in code and regs, tax professionals are showing acute concerns about the oncoming busy season, with 28% registering at least a 7 on the CPA … Continued
Are you ready? How savvy CPAs plan to cope: Click here, get the answers. by Rick Telberg/At Large Just as CPAs were hitting their stride toward the October 15 final tax filing deadline, the world changed. Add in a hotly … Continued