As demand for accounting services continues to grow, accountants are facing a period of rapid change. Emerging technologies, techniques and other accounting trends are entering...
An invoice factoring service helps your business secure alternative financing by selling its outstanding invoices to a third party. This third-party business then has the...
President Trump wants to simplify income taxes for all Americans. "It's extremely complex, it's not fair, and it's extremely hard to understand," says Trump. While the concept...
When Donald Trump entered the White House, market forces took over thanks to the perception that Trump and a Republican-led Congress would lower corporate tax rates and...
If you're hoping to retire as soon as possible, make sure you're investing wisely. The best retirement savings defer any taxes until the money is withdrawn, or offer tax-free...
For many business owners, staying on top of your books can be a full-time job. Whether you do your own bookkeeping or outsource this task to someone else, it's important to...
When Bitcoin split into two different cryptocurrencies by adding Bitcoin Cash on Aug. 1, 2017, it created a different method of income tax reporting for people who invest in...
Finding a niche for your small business can help your company expand and corner an area of the market that might be ripe for potential growth. If you decide to enter the field...
When President Donald Trump took office and his administration filled every cabinet position, the president promised a corporate tax cut as a way to reform the U.S. tax code....
A 2017 survey by Robert Half Management Resources notes that 52 percent of workers said their work-life balance improved over the past three years. The main reason for this...
Research published in Accounting Horizons in June 2017 shows that a company's ability to meet analyst forecasts gets more attention than any other measure of its performance....
The IRS warns people each year to beware of tax and financial scams that take advantage of unsuspecting citizens. Scammers scare people by calling them and telling them they...
Republicans in control of Congress want to repeal the Affordable Care Act and replace it with their version, as of mid-2017. Senators are considering the replacement health...
With cases of fraud on the rise, auditors' jobs are becoming even more cumbersome. Cybersecurity and fraud detection are of the utmost importance to all businesses, and it's up...
It used to be in the accounting field that only certain firms could handle the consulting end of the industry. Specific types of accounting firm consulting only happened with...
With many accountants nearing retirement age, new accounting grads should see a boom in the job market, but that doesn't mean your future in accounting is guaranteed. Complex...
One of the primary benefits of working in accounting services is that practically every business that exists could utilize the talents of your firm. However, not every business...
Sustainability is a hot-button issue for modern businesses — it impacts everything from raw material sourcing to employee retention. By finding ways to manage sustainability...
Donald Trump promised over-the-road truckers he would do something about America's crumbling transportation network of roads and bridges. One solution he proposed involves...
The Trump Administration revealed its highly-anticipated tax plan in late April of 2017. The one-page plan only scratches the surface of potential new legislation. However, it...
Stock-based compensation is a wonderful way to reward employees for their hard work, meeting company goals and helping a company achieve financial prosperity. However, this...
With headlines frequently reporting high-profile cyber crime, many organizations are putting data security high on their list of priorities. Accounting firms are particularly...
Two main facets of President Donald Trump's campaign got off to slower-than-expected starts once he took office. President Trump promised to repeal the Affordable Care Act and...
Tax reform is a high-priority item for the Trump administration in 2017, and the Republican-controlled Congress hopes to approve a tax reform package that cuts taxes for...
Alternative minimum tax made news in March 2017 when MSNBC commentator Rachel Maddow examined President Donald Trump's 2005 federal income tax return that someone allegedly...
The CPA exam ranks as one of the toughest tests in the world, as less than 40 percent of people who take the exam actually pass it on their first attempt. It is not from a lack...
For young accountants entering the financial world, the future is bright. While some organizations have trouble finding qualified staff, others find candidates with just the...
The entity choice for a business represents the first major decision a business owner faces when starting his entrepreneurial journey. Accounting firms know the difference...
While many people scramble during pre-April months to gather information and file tax returns, the first quarter of each year is an important time for accounting and business...
As technology and consumer needs change and advance, it's inevitable that CPA firms will face challenges. In fact, it is likely that the accounting industry may even become...
As tax time rolls around, it is likely your business is scurrying to gather receipts and balance financials for clients. Tax mistakes, though, can prompt extra work for your...
Retirement savings are a key part of your financial strategy. They provide an income after you stop working, enabling you to live comfortably. To maximize your hard-earned...
Estate planning is an important part of adulthood, but it is just as important to keep estate plans up to date. Encourage your clients to review their plans annually to make...
As the calendar turns to a new year, accounting firms gear up for tax time. However, there's more to evaluate than clients' income taxes in the month of January. It's also the...
Social Security remains one of your biggest assets as you work hard for 30 to 40 years and then retire comfortably in your mid-60s. Your retirement benefit covers both you and...
The topic of immigration reform is one that tends to polarize Americans, but according to the Institute on Taxation and Economic Policy, one thing is certain: Legalizing...
Despite rhetoric and plans by President-elect Donald Trump and Republican leaders in Congress, the Affordable Care Act will remain intact for the entirety of the 2016 tax year...
Tax season is always a busy time for accountants, as they hurry to prepare and file documents with the Internal Revenue Service on behalf of their clients. The 2017 tax season...
There's no doubt about it: Accountants love numbers. However, accountants need to apply financial numbers to the people they serve. Working with clients goes beyond adding...
While accountants are often in demand, especially during tax season, one growing area of need may find aspiring accountants in the cannabis industry, according to Accounting...
Moving into 2017, industry experts anticipate many changes in accounting. The rapid adoption of accounting technologies and an aging workforce will bring new challenges and...
Anyone who entered the accounting profession after 2000 knows how much accounting technology changed the industry. Software from big-name companies, such as Oracle, SAP,...
Craig Smalley, a tax expert writing as a guest columnist for Accounting Today, claims that Congress erred when it chose to reinstate private debt collection agencies as a way...
Yes, even accounting firms need strong salespeople, and solo practitioners needs viable sales skills. Accountants can't just rely on word-of-mouth advertising. They need a...
Over the next 10 years, millennial workers are expected to make up over half the American workforce as the baby boomer generation ages out and moves into retirement....
The hour-based pricing model has ruled the accounting industry for decades, but more and more firms are trending toward a newer, more efficient model: value pricing. While...
Great clients serve as the foundation of a business, carrying it through lean periods and economic downturns. For accounting professionals who are bound by strict laws and...
Retirement benefits make up of a significant portion of income for the country's senior population, and choosing the right time to collect determines the maximum value...
The CPA exam is one of the most important hurdles in an accountant's career. After the intense preparation and the exhausting test, the sudden drop-off in activity can...
Selling your practice can be a time-consuming process — one that is often drawn out by mistakes and misunderstandings. By understanding and avoiding common pitfalls that impact...
A vast majority of the 42,000 accounting firms in the United States — around 41,600 — earn less than $3 million per year and have 20 or fewer employees. How can these small...
While almost any firm or professional in the finance sector can benefit from having an online presence, having just any old website isn't enough. Your site needs to have...
Earning a degree and then getting in with a firm is just the beginning of your journey as an accountant. When you move up the ladder to owning a firm, things get a bit more...
Accountants are often labeled into two broad groups: specialists and generalists. As an accounting specialist, you bring to the table advanced education, experience and...
Donald Trump is a character who divides as much as he unites, and he is often accused of not having much substance behind him. However, on Aug. 8, 2016, the presidential...
As a business, it's your responsibility to get your taxes right, but not every penny you make is subject to them. That's because the IRS recognizes the difference between...
Accountants must possess a variety of skills to effectively perform their jobs, including excellent problem-solving, critical-thinking and communication skills. It's difficult...
An exit strategy, which can spell out how a founder plans to separate from a company, affects everything from business development to liquidity. A solid strategy can smooth the...
CPA and well-known accounting author Edward Mendlowitz laments the demise of public accounting. Trends in the industry show more and more people with accounting degrees leave...
Although 64 percent of adults who took part in a recent Deloitte survey said that companies should offer equal parental leave to both men and women, more than half said their...
On-demand workers face unique challenges when tax time rolls around. Income earned from contracting work, freelance gigs and employment that does not automatically draw taxes...
Millennials comprise the largest portion of the work force, and this generation continually adds its presence to accounting firms. As such, firms of all sizes must be aware of...
Once school is out, teenagers head to summer break. For many of these young people, that means a summer job to earn cash for things such as a car, clothes or simply spending...
Internal Revenue Service coattails often provide criminals with doors into the accounts and wallets of unsuspecting citizens. The latest tax scam accounting professionals...
Creating a team of remote workers saves money on travel and office space while giving team members the benefits of working from home. However, it can present some unique...
Gender diversity in leadership positions, along with the gender pay gap, has made headlines in 2015 and 2016 as the Obama administration tries to solve the problem of women...
Accountants depend on standards to measure the financial health of companies, markets and industries. Ever since the Great Depression, the federal government implemented...
Retaining millennials is a growing issue in the business community, particularly among companies that need long-term commitments. For accounting firms, which thrive on...
American companies and accounting professionals enjoy a certain level of freedom when preparing financial statements; by using accounting measures that deviate from generally...
Given the breadth of the field, accountants often find themselves in a variety of situations regarding their clients' taxes. While some issues are relatively easy to approach,...
Accountants that stay on top of their clients' needs deliver more value and keep loyal customers. The easiest way to do this is to utilize the most current accounting...
When doing taxes for the self-employed, it is important to find every tax deduction. Self-employed clients typically have a low profit margin and a variety of business expenses...
There are more accounting majors than ever, but the number of graduates taking the CPA exam has remained flat. As a result, firms are struggling to fill open positions with...
Most people procrastinate from time to time, but allowing procrastination to take your focus away from work is a sure way to stumble in your career. It can be difficult to stop...
The earned income tax credit allows low-income Americans to recoup some of their income tax amount so long as they keep working. This credit, at a glance, appears to be a way...
As the end of December rolls around, millions of Americans think about office Christmas parties, spending time with family and last-minute holiday shopping. December is also a...
When many people hear the word "accountant," they immediately picture a white-collar worker crunching numbers and preparing financial statements for a large CPA firm. However,...
Over the course of the fiscal year, many accounting professionals are tasked with creating a charitable plan for one or more clients. A solid plan brings order to giving,...
The American Institute of CPAs tracks accounting trends and releases reports on some of the most important issues facing the industry. As of December 2015, one of the most...
If you have unpaid tax debts, you risk losing your passport according to a bill that could become law. The new bill adds a section to the tax code that allows the feds to...
As accountants gear up for the 2015 tax return season, CPAs and others must also take time to understand new tax laws for 2016. Among other changes, tax deductions are getting...
Accounting firms face several dilemmas with regard to hiring patterns and human resources thanks to two major factors. Technology represents a game-changing aspect for firms,...
Is your accounting business disaster-ready? Don't fall into the trap of thinking that emergencies only happen to other people. With a strong disaster recovery plan, your firm...
When searching for ways to increase productivity and improve efficiency, look no further than integrated solutions for your accounting firm. Integrated solutions standardize...
It's important to show your appreciation for clients, especially the ones who spend a lot of money with your company each year. However, you need to be careful about buying...
Changes within the accounting industry occur quickly due to advances in technology and a new company culture coming to firms. At a recent Accountants Club of America meeting in...
Accountants, and especially independent tax advisers, remain very busy during the first 3 1/2 months of the year as large businesses, corporations, small-business owners and...
Workers at accounting firms, no matter their age or how long they've worked for the firm, require performance feedback to improve. A supervisor provides relevant guidance on...
As a business owner, you want to help as many clients as possible so you can keep your business thriving. However, there are cases where you need to turn down clients to...
Achieving work-life balance may seem easier than ever thanks to connected devices that let you work from home. An accounting firm may offer more vacation time, a telecommute...
Some of the most influential people in accounting are voicing their opinions about what they consider the most important issues facing the industry. Accounting Today conducted...
Accounting firms have a possible crisis on their hands thanks to a perceived generation gap between younger, up-and-coming CPAs and old-school partners who believe in making...
A June 2015 report from the Treasury Inspector General of Tax Administration states the Internal Revenue Service’s computers failed to properly notify taxpayers of an...
Ethics and accounting rules regarding the expenses of congressmen may change every couple of years when a new Congress convenes. Because of rapid changes, many of which are too...
As of August 2015, a recent study has shown public accounting firms are hiring a record number of accounting graduates. This is good news for the record numbers of students who...
The accounting sector of the finance industry faces a dilemma moving forward as baby boomers retire and the millennial generation replaces them. Young accountants have...
Some CEOs and COOs may appear to have rudimentary accounting knowledge, but deep down, some of them could probably take a refresher course, according to professor Charles J....
It's never fun to discuss the need for long-term care of an older adult with your clients. The truth is, however, approximately 70 percent of adults over age 80 require...
Accounting and financial professionals who deal with investing, whether on behalf of consumers or companies, must have strong investment research skills. Research doesn't stop...
According to a survey conducted by the Freelancers Union, over 53 million individuals across the nation do some type of freelance work — and you don't have to be a creative to...
Stock markets such as the Nasdaq and S&P 500 have risen sharply between June 2014 and June 2015, climbing by up to 20 percent. Technology companies have grown remarkably as...
Accountants love computer software that makes tedious processes more automatic; they give accounting professionals more time to actually advise clients and analyze metrics to...
The run up to the income tax filing deadline can be a stressful time for many Americans. However, you also need to think about taxes during the rest of the year. Keep your tax...
The IRS is once again under pressure to improve the taxpayer service that it provides. According to tax preparers across the nation, understaffed tax clinics are struggling to...
A report by the U.S. Department of Labor states as many as one-third of all audits performed by certified public accountants for employee benefit plans lack proper audit...
Accounting firms find it easy to grow with the steady business that comes from the first 3 1/2 months of the year due to income tax filing deadlines. The trick for many...
The American Institute of Certified Public Accountants confirms the organization is ready to update the next-generation CPA exam. This occurs after the initial invitation for...
Hiring millennials and finding ways to retain them are real challenges for HR professionals all over the world. Millennials tend to have different values and work styles than...
Business cards are one of the most important networking tools used by accountants. The right card can help you make a great impression on potential clients and generate more...
While young accountants are just setting out on their career path, they can provide a wealth of real-world knowledge to more experienced professionals in the accounting field...
Private-sector companies rely on incentives, low-interest loans and tax abatements to help finance projects that would otherwise be too cost prohibitive. Major projects, such...
Small businesses have been called the backbone of the American economy, whether a business sells clothes from a corner boutique or manufactures vinyl siding for home-building...
From data security and compliance to attracting new clients and maintaining profits, the biggest challenges for accountants in 2015 illustrate a changing business environment...
Paperless documents and digital offices should reduce the amount of paperwork stored by accounting firms, yet somehow companies still manage to horde mountains of paperwork....
For accounting professionals, it's often necessary to send a number of emails, particularly when it comes to payroll or financial policies. When the content becomes too complex...
Accountants find many ways to make clients happy in order to maintain long-term customers. The trick is to let clients know they need you even when it's not tax time. Giving...
The IRS audited fewer people in 2014 than in previous years, but that doesn't mean your clients aren't at risk for being audited. Whether you work with individual taxpayers,...
Accountants and accounting firms know exactly what happens from Jan. 1 to April 15. Then, 8 a.m. on April 16 happens, and accountants must think about how to maintain a...
Accounting firms can benefit greatly from adding financial planning services to their list of offerings, according to a recent survey by The American Institute of Certified...
Almost no one enjoys tax season, but it's especially stressful for small-business owners. Small businesses don't have the same resources as large corporations, making it more...
For many accountants, tax season is the busiest time of the year. Unfortunately, it's also the most stressful. Clients are worried about owing state and federal taxes, or...
Tax season is stressful for everyone, from the accountants preparing hundreds of tax returns to the taxpayers who end up owing the government. Fortunately, you can do several...
Accountants are often portrayed as stressed, number-crunching individuals who spend hours on end rifling through spreadsheets sitting behind a desk. Realistically, many...
Almost every accounting firm has clients who are stragglers. Despite your best efforts to get someone ready for income tax season to end on April 15, some clients fall through...
Tax season is a critical time for your accounting business. Not only is this the busiest time of year, but it is also the best time to gain new long-term clients. Although your...
The paperless office has been a dream of managers, workers and business owners for decades, but most organizations are still a long way from experiencing a complete shift away...
As the looming deadline draws closer each season, accountants and finance professionals often find themselves bearing the brunt of tax stress. Whether you have too much work on...
One trend in the accounting sector involves how firms charge for their services. Experts in the field have encouraged firms to move away from the billable hour model and shift...
Although it's important to remember that audits aren't always personal, there are red flags you should know to help ward off investigation. Deductions, such as mortgage...
Business professionals can say silly or even dim-witted things at times. Perhaps you had too little sleep the night before or you did not pay attention to what your boss said...
If veteran employees and managers fail to fully engage new hires and offer a helping hand along the way, it is easy for new hires to fall behind at work in the early stages....
Getting a master's degree in accounting can help further your career, but the cost of most degree programs prevents many people from taking advantage of the opportunity....
The economic recovery continues to hit all industries, and nonprofits are no exception. So far, nonprofit revenue appears to be higher in 2015 than it was in 2014, and...
Accounting clients do not necessarily buy into one accounting firm or another because of the services involved. Sometimes, accountants earn the respect of clients due to the...
Due to concerns about tax return fraud, more taxpayers than usual are receiving their tax refunds in the mail instead of via direct deposit to a bank account. With identity...
Being held accountable at work directly affects your success. Having accountability in the accounting field is just as important, or even more important, than taking full...
To become a certified public accountant, you must first pass the CPA exam. The exam is developed by the American Institute of Certified Public Accountants and uses the same...
With tax season in full swing, some of your clients are likely panicking about the increasingly complex forms required by the Internal Revenue Service. Accountants are...
Paying income taxes in the United States can be confusing. Tax laws change yearly, new penalties get added or taken away, and tax deduction amounts rise or dip. Married couples...
According to a new report from the Government Accountability Office, identity theft-related tax fraud is a huge problem. This form of tax fraud cost the Internal Revenue...
As an accountant, you probably don't want to pass along unpleasant news to clients, especially during tax season. Not everyone ends up with the refund they anticipate when all...
Accountants can face a lot of stress in their careers, particularly when they are studying for the CPA exam. If you are struggling to stay calm in a difficult situation, try...
The best way to build a rapport with new clients is to be empathetic and show interest in their families. Demonstrating that you have good listening skills and can relate to...
An accounting internship is great for field experience and can be the deciding factor for a particular job you're seeking. Not only can an accounting internship teach you...
Offices that use a Rolodex, have computer screens with bright green lettering with a black background and contain rotary phones on each desk may have some issues with upgrading...
Accounting innovation can be something as simple as upgrading one piece of office software to run more efficiently or as complicated as constructing an entirely new office to...
Overcoming obstacles, especially when it comes to finding your perfect job, makes the end result even sweeter. Accountants, accounting firms and accounting schools can find...
The chief accountant of the Securities and Exchange Commission of the United States enforces accounting policy, improves public auditors, and ensures financial reporting is...
Traditional methods of accounting are rapidly transforming to accommodate business needs in the digital era. To embrace new ways of learning in the accounting industry as a...
Earning new business through client networking represents the life blood of any accounting firm. Client networking builds initial trust, finds mutual interests and starts...
On May 2014, SAC Capital Advisors, a hedge fund management firm owned by Stephen A. Cohen, announced sweeping changes to its internal compliance procedures. Among the most...
Accountants and firms have until 2017, minimally, until a new revenue recognition standard goes into effect for companies that utilize FASB or IASB accounting standards. Two...
Hedge fund accountants may appear to have glamorous, behind-the-scenes positions in glittering skyscrapers in New York. Though it's important to make sure hedge funds stay on...
Tax season is inevitably a busy time for accountants and businesses as they rush to prepare and file documents to the Internal Revenue Service. Challenges may be on the horizon...
Accountants are often thought of as number crunchers rather than the happiest people on Earth. However, this career made Forbes' “Happiest Jobs in America List” and has even...
The stereotypes of introverts and extroverts often cannot be distinguished in business leadership roles. Business professionals must interact with people on a regular basis, so...
Small business owners often agree that bookkeeping and taxes can be the most unpleasant part of owning a company. Sales tax hassles, expense reports, employee payroll and...
Many accountants think CPA regulation is a four-letter word. More laws to navigate means more staff time to interpret accounting practices, accounting standards and income tax...
The face of accounting is changing, and the future of your CPA firm is closely connected to how you respond to those changes. Although accounting firms are expected to grow in...
Accounting firms that stay on top of the changes in the industry often uncover innovative procedures and practices. Hiring is no exception when it comes to analyzing accounting...
Internal auditors in contemporary businesses spend countless hours poring over accounts, spreadsheets and emails trying to get an overall picture of a firm's financial...
Although around 60 percent of accountants were female in 2014, very few female accountants rise to the rank of partner. Technology provides opportunities for the top female...
The demands of an accounting business include serving client needs big and small. Client relationships depend on a healthy rapport and trust when processing financial...
Most companies dread getting audited, whether the source comes from the IRS or from a public mandate because your organization has special tax considerations. Either way, audit...
Work naturally seems to slip away when focus is lost during the day. Paperwork piles up, bills and ledgers continue to clutter your desk, and demands from higher management...
Accountants come in handy to ensure companies turn a profit and maintain their books properly. During the first four months of each year, the role of accountants becomes...
In the "Running Man" episode of the second season of the television crime drama NUMB3RS, Prof. Edward Eppes, a fictional character played by David Krumholtz, uses a data...
One of the top five small business tax mistakes, according to Rowe Sanders LLC, a legal firm based in Watkinsville, GA, is failure to deduct valid business expenses from tax...
Get ready to start the new year on the right financial footing with several year-end tax moves that can save you money when you file your returns. Even though the income tax...
Over 50 temporary tax provisions that expired at the end of 2013 were renewed and extended on Dec. 16, 2014. These provisions were extended through Dec. 31, 2014, but they are...
Adding clients to your roster is something you might be thinking about, but beyond those you already have, you might not know where to start. You could ask your current clients...
The Internal Revenue Service wants to remind individual taxpayers and corporations about the rules regarding charitable contributions as everyone gets ready for the end of the...
The U.S. House of Representatives voted to keep more than 50 income tax breaks on the books for one more year after they had originally expired at the end of 2013. The...
Tackling a host of accounting projects in the office can leave both employees and managers taxed. By learning how to properly manage multiple projects, you can plan and execute...
The 2015 tax season is almost here, and accountants must get customers prepared for April 15 at least five months early. Decisions made in November and December can change...
On November 25th, 2014, the International Ethics Standards Board for Accountants (IESBA) released a draft of some important changes to their accounting rules. Entitled...
The American Institute of Chartered Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA) have released some management accounting principles...
Cell phones, email, laptop computers, electronic accounting software and spreadsheets are all examples of business technology that has not only created the ability for...
As the economy of the United States improves, many sectors foresee job growth. Corporate profit is predicted to grow 5 percent in 2014, leading to an increased need for...
Accountants who provide tax preparation services have one serious potential pitfall to keep in mind. An unhappy client always has the option of accusing you of accounting...
Although qualifications and skills are essential for any job search, they are not the only requirements. Networking is also important for career development. In order to...
Growing a successful accounting practice happens one client at a time. New firms typically find their first accounting clients among their family and friends and through...
The provisions of the Affordable Care Act have finally taken effect, leaving Americans vulnerable to tax penalties if they do not have some type of health insurance coverage....
The secret to CPA success lies in focusing on exceeding expectations of the clients that accounting professionals serve together with other stakeholders. Hard work, diligence...
Individuals don't come out of four-year accounting degree programs as automatic certified public accountants. Earning a CPA designation takes 30 additional hours of coursework...
If you are seeking a promotion, you need more than great accounting skills. Many employers are now looking for mid-level and senior accountants with the soft skills necessary...
The market for accounting professionals is challenging and competitive, but it is projected to grow. Four sectors, in particular, are expected to grow the fastest, and job...
Professional users of QuickBooks software were recently introduced to major upgrades at Intuit's first ever QuickBooks Connect conference attended by 1,000 accountants, small...
Staying focused on a task can be tough, particularly when you have thoughts and worries competing for your attention. Thankfully, there are effective techniques that you can...
As an accountant, you may already be using several industry-specific apps and feel it's time to check out some of the newest offerings. Doing that can take time, but a company...
Professional referrals are the lifeblood of any service industry. For accounting professionals, they are particularly valuable because of the importance and sensitivity of...
For many accounting professionals, working from home seems like a professional dream, especially when compared to long commutes and inflexible office hours. The reality, of...
Many accounting graduates are finding it difficult to launch strong, successful careers, despite all the reports of how much demand there is for accounting majors. There are...
The American Institute of CPAs recently urged smaller, privately held companies to adopt its new accounting guidelines called "Financial Reporting Framework for Small and...
In May 2014, Google announced that it was building a fleet of 100 driverless vehicles with no gear shifts, gas pedals, brakes – or steering wheels. The tech giant believes that...
Although the Affordable Care Act has brought fantastic benefits to many previously uninsured Americans, it could also make the job of filling out tax forms more of a headache....
A 1958 study cited by the CPA Journal revealed that stress levels for many public accountants spike during busy seasons. The frenetic pace of busy seasons may be the least of...
Mergers are a common occurrence among CPA firms of all sizes, particularly in the United States. In many cases, a corporate merger is designed to provide a wider selection of...
Cloud computing, an exciting new technology, allows you to eliminate the need for warehouses full of paper or even hard servers and drives. Being able to store your data...
For many accounting professionals, joining a professional organization can seem like an unnecessary use of time and money. Before you write off the idea of joining a...
With the substantial limits placed on medical expense tax deductions, many Americans find it impossible to deduct any of their medical expenses. To take the deduction, a...
Becoming a certified public accountant takes a lot of effort, but getting your CPA license can also open up a lot of career opportunities. If your personality is suited to...
A financial assistant can perform a variety of jobs, often working under the direction of a financial professional. Assistants are there to handle the daily tasks that are...
The financial industry hasn't always been the fastest to embrace new technologies, but banks and investment firms are finally starting to adopt new technological trends. These...
Small business owners need every possible edge to save money and earn profits, which is where accounting technology, computing services and business software come into play....
If you are naturally adept at math, earning an accounting degree may be a good option for you. Accounting programs at most colleges typically consist of core classes in...
Getting hired at top accounting firms can be difficult given the competitive nature of the field. Many accountants, both experienced and entry level, bring similar assets to...
Accounting is an exciting field for business professionals with upwards of 1.2 million jobs in the United States as of 2014, according to the Bureau of Labor Statistics. As the...
Increasing numbers of MBA accounting grads are choosing to work as financial planners. Financial planning careers generally offer more flexible schedules, fewer total hours at...
That organic meal for workers at Google's headquarters in Silicon Valley may be a thing of the past if the IRS decides to pursue a corporate tax on free meals for employees....
For the vast majority of firms, taxes are the primary source of accounting deficiencies; however, inventory has been rapidly catching up and is now second on the list,...
The cataclysmic global financial crisis of 2007 and 2008 sparked seismic shifts in attitudes towards risk management around the world. To prevent a recurrence of such crises,...
Productive meetings are one of the most elusive aspects of working, especially if a professional is working with a larger company. Meetings can be run aground for any number of...
Higher quality clients have the potential to lift your accounting practice to a new level. Attracting upscale clients with the ability to pay top prices for a job well done and...
Cloud accounting is one of the newest innovations in accounting, and businesses are turning to it to meet the challenges of the industry in the next generation. Consider the...
If you are looking for accounting jobs, the location where you conduct your search can make a big difference to your chance of success. The financial staffing company...
Recent studies have shown that the temp job industry is one of the fastest-growing industries in the United States. Many companies that would have once hired semi-skilled...
When you're considering how to allocate your paycheck, you have a few options. If your employer offers a 401(k) plan, one of those options is to maximize your 401(k)...
Most professionals dream at least occasionally of starting their own firm or practice. Starting a solo accounting firm, for example, is a dream for many current and future...
A financial coach, also called a financial adviser or planner, is a professional who meets with clients and helps them manage their retirement plans, budgets, investments and...
Recent data shows that accounting practices generate higher average profit than any other industry. Coupled with a strong growth in accounting jobs, this statistic points to a...
The future of accounting jobs in the United States looks bright, thanks to this industry's high profitability. Recent figures show that accounting-related industries generate...
Obamacare tax forms are likely to cause headaches for consumers as the 2015 tax deadline approaches. These forms are quite complex and can be daunting to consumers.The purpose...
Cleaning up corporate taxes is proving to be a difficult job for U.S. legislators. A number of bills have been proposed to close tax loopholes, but politicians cannot agree on...
The Internal Revenue Service has finalized guidelines for its whistleblower awards, the monetary payments made to citizens who turn in tax cheats. The guidelines go into effect...
Road taxes across the United States are rising as a lack of federal funding forces states to raise taxes to pay for the maintenance of roads and bridges. Since the beginning of...
In a July, 2014, address to the public, President Barack Obama made the controversial assertion that companies that use the tax loophole known as corporate inversion are...
In 2013, the Internal Revenue Service revealed that the government-run entity was targeting conservative groups filing for tax exempt status. In the ensuing federal...
Argentinian athlete Lionel Messi, who was just placed at #4 on Forbes' list of the 100 highest paid athletes, is now facing tax evasion charges that could send him behind bars....
Big Data has made headlines in recent months for its potential to transform hiring and talent management, but it also has applications in the accounting industry. By using...
Hiring across industries tends to slow down during the summer months, and according to Investopedia, this is when job applications tend to become inactive. If you are looking...
Tax planning can be an incredibly stressful task, especially for the unemployed. However, there are a few simple steps job seekers can take to ensure that they are making the...
The IRS has long been a tool used by presidents to target political enemies and leverage systematic power against American citizens. Steve Forbes points out that Kennedy,...
A controversial Internal Revenue Service program faces another legal battle as the American Institute of Certified Public Accountants filed a federal lawsuit in July 2014...
Improper lobbying on behalf of audit clients by a subsidiary of Ernst & Young, Washington Council, has cost the company a reported $4.1 million dollars. The Securities and...
An increasing number of U.S. companies are moving their headquarters overseas in a complex maneuver commonly known as a corporate or tax inversion. Tax inversions reduce a...
Corporations in the United States pay a 39 percent corporate tax rate. Because of this, many corporate finance teams choose to place a corporation's profits in offshore...
Landing new clients is often the results of days or even months of hard work. Once you're ready to begin working with new clients there are five questions that can help...
Indiana, Rhode Island, Maryland and Idaho are just a few of the states seeing sizable corporate tax cuts as of July 1, 2014. Marking the beginning of the fiscal year for many...
Strong accountants serve a vital role in the workplace, as they strive to keep a company's financial health in check. Just like any other arena within a modern organization,...
Evolving technological advancements, shifting consumer trends and new legal regulations constantly impact how businesses operate. The accounting department is not immune to...
Every business, regardless of its size, must keep accurate financial records to remain successful. In-house accountants keep track of ongoing expenses, monitor financial...
As your business grows, you may find that your current requirements have outstripped the capabilities of your accounting system. Before you jump into the first alternative you...
Tax breaks, subsidies and other incentives are a popular tool of states, cities and counties to create new jobs, but recent studies show they may be less effective at achieving...
Certain changes to revenue accounting standards are set to come into effect in 2017 that will change the time frame and manner in which companies do their books. Different...
Every accounting business has horror stories about difficult accounting clients who seem like more trouble than they are worth. Late-night phone calls, repeatedly misplaced...
A master of accounting degree adds value to your resume. A 2014 international survey of over 500 businesses by the Graduate Management Admission Council showed that 45 percent...
European Union officials ramped up their investigation in big company tax relationships with many European nations that may violate antitrust laws. These tax relationships in...
Trusting employees is both a risk and a necessity. While it is not necessary to treat every employee as a potential threat, at the same time, you also need to exercise caution,...
Working in temp jobs provides the unemployed with an opportunity to gain valuable experience and training. Not only do these positions help temporary employees work towards a...
In June 2014, car rental company Hertz announced that it needed to restate its financial results for 2011, as well as re-examine financial results for 2012 and 2013. The...
Do you ever worry that your growth potential is limited by clients who are constantly price-shopping? Creating long-term business contacts is certainly the key to being a...
Of all industries, the accounting profession fared better than most during the recession. The current unemployment rate for accounting professionals is just 3 percent, which is...
While excessive soda consumption contributes to myriad health challenges, these sugary drinks enjoy massive popularity across the globe. Most jurisdictions tax sodas like any...
With 2013 and 2014 bringing an abundance of new accounting software tools to the market, accounting professionals have more choices than ever for keeping digital financial...
A nationwide poll conducted in May of 2014 shows that voters are increasingly worried about the national debt. Over 1,000 registered voters were surveyed by telephone with an...
Although accounting has become increasingly digitized, client interaction is still an important part of the profession. In addition to sharing financial information and...
Digital work environments are no longer the wave of the future. Paperless offices, long-distance collaboration and computing in the cloud are already the standard for many...
Tax fraud involves either underreporting income, claiming too many tax credits, hiding money from the government through laundering or overstating deductions. Most of the...
Finding new clients is the essential first step to starting and growing your accounting business. Accountants who are just starting out are sometimes tempted to accept any...
Xero, the creator of Xero accounting software and a newcomer to the United States, has taken the number one spot on Forbes Magazine's 2014 Top 10 Innovative Growth Companies...
As any accountant knows, the profession involves far more than basic number crunching; great accountants are informed and aware, making them true assets to a company. If you're...
Many clients do not take the time to balance the books properly. Other clients are happy to let an accountant balance their books but do not make time to study or understand...
If many of your accounting clients are expecting you to provide financial planning services for them, it can become an occupational pain. Informing and speaking with your...
According to the Bureau of Labor Statistics, accounting jobs are expected to grow "as fast as average" between 2012 and 2022. Competition is also expected to be keen,...
For large corporations with offices located around the globe, cloud-based software systems offer obvious advantages. One benefit is having a central location for data storage...
Crowdfunding utilizes the power of the Internet to help business owners raise money by appealing directly to large numbers of small investors. Historically, investors "donated"...
On the surface, it may seem as though a start-up company is not large or complex enough to warrant an on-staff accountant. However, start-ups stand to benefit from the services...
Although tax season has only just finished, accountants are already looking ahead to 2015 to help clients plan appropriately and lay the groundwork for a successful year-end...
Tax season can be a headache whether you're single or married with kids. The age old debate of whether it's better to be single or responsible for a family when the IRS comes...
For most people, a credit card is like a financial lifeline. Credit credits are small, easy to carry, accepted in most retail and dining establishments, and are often safer...
Failure to file your taxes often results in a myriad of unpleasant consequences. Late taxes leave you open to financial penalties, and the IRS also audits taxpayers who fail to...
Making a tax mistake slows processing, reduces the amount of the tax refund, increases the amount owed and increases the chances of getting audited. Your clients need help with...
Vault has recently released its annual Vault Accounting 50 list of the top accounting firms to work for. Vault uses a weighted formula to rank accounting firms based on...
A recent Congressional Budget Office report found that low-income earners face harsh tax penalties. The report found 37 percent of low-income earners face a total marginal tax...
When you need to file a late or amended tax return, confusion sets in. However, there are tips and tricks to filing even a very late tax return. The thing to know when...
If you have several years of experience as an accountant with a wide range of responsibilities, now is a great time to explore your career options. Many employers are having...
Your health savings account offers you significant benefits on your taxes. Not everyone understands, for example that they are allowed to deduct the contributions they make to...
If you are having trouble doing your taxes, you are not alone. Every year, Americans turn to online tax services or in-person tax advisers to help them complete their taxes. If...
Fantasy sports involve a lot of statistics and knowledge of specific sports. You need to follow the performances of the individual athletes, choose the players for your fantasy...
Small businesses looking to take advantage of the various technologies on the market that can be used to accept payments are most likely aware of the Square app. This iPhone,...
A recent U.S. Securities and Exchange Commission ruling underscores the importance of following accepted best accounting practices not just as a company, but as an individual....
When your clients cannot submit all of the information required to file their taxes or they try to make an appointment at the last minute before the deadline for filing...
The current version of the MFA, or Marketplace Fairness Act, passed the Senate on May 6, 2013, but Congress has yet to evaluate the proposed legislation. A congressional...
Thomson Reuters has released a report on the 3.8 percent net investment income tax that went into effect for fiscal year 2013, and its conclusions are that the new tax is...
A revolution began with the advent of the first accounting software for professional bookkeepers in the 1970s. That revolution has been furthered with the efflorescence of...
The Energy Tax Credit allows you to claim a credit on your taxes if you purchase energy-efficient appliances or make improvements to your home that reduces energy use, such as...
Since 2010, the U.S. Financial Accounting Standards Board and International Accounting Standards Board have debated the merits and mishaps of lease accounting. As a result,...
If you are a financial service provider, consider introducing a financial record keeping service to your clients. These programs are not designed to replace your services....
How do you negotiate with clients? It's one of the hardest skills to learn, but an essential skill to master. Whether you are a freelancer, a consultant or a member of a firm,...
The basics of accounting – identifying revenue and calculating expenses – remain unchanged. Accounting principles generally are the same whether you are seated before an abacus...
With technology changing overnight, it can seem daunting for an experienced accountant to keep up to date with the latest accounting technology. If you started your career...
A recent Supreme Court ruling has helped solidify the proper tax treatment of severance pay packages from the employer's end. On March 25, 2014, the U.S. Supreme Court ruled...
Many companies cringe at the prospect of an on-site audit, which can make your job as an auditor more difficult. Chasing hard-to-follow paper trails and attempting to make...
As a business owner, you need to know how the Affordable Care Act affects you in terms of small business taxes. In many cases, Obamacare actually provides tax credits for small...
As April 15 approaches, accountants gear up for a push to the finish line, with thousands of tax forms to fill out, each of which must be perfect and on time. Clients pressure...
Actuary jobs involve analyzing risk using mathematics and financial theories. Actuaries also provide the statistical probability and cost associated with certain events. These...
A tax extension provides individuals and businesses with extra time to file their IRS tax forms. Six-month extensions are available to all taxpayers regardless of the reason...
A tax collector is someone who works with local, state, or federal governments by communicating with taxpayers who owe money. The tax collector ensures individuals and...
According to the Internal Revenue Service, the Earned Income Tax Credit (EITC) is a subsidy provided to moderate to low-income families to help offset the expensive costs of...
Home-based workers may find that completing their taxes just got a little bit easier. Starting with the 2013 tax year, the Internal Revenue Service has simplified home office...
Because bookkeepers keep financial records for an organization, they can be very valuable for businesses. Bookkeepers record transactions, keep bank statements updated, and...
New technology, like cloud computing, is beginning to reform the accounting industry. Accountants are saying goodbye to spreadsheets and relying more on cloud-hosted software...
On March 4, President Obama unveiled his proposed federal budget for 2015. Obama's budget focuses on improving the economy by creating good jobs and giving Americans more...
If you have been using traditional accounting software, it might be time to think about switching to cloud-based accounting applications. Traditional programs offer many...
The Affordable Care Act (ACA), sometimes referred to as Obamacare, is a law that will have tax implications for many Americans. No matter your tax bracket, you're likely to see...
Tax season can be stressful and time consuming for accounting professionals as well as consumers. If you're an accountant, knowing how your clients spend their federal and...
As long as people work and pay taxes, the world will need tax examiners. A tax examiner works for a federal, state, or local government, reviewing tax returns, identifying how...
Many colleges offer a variety of courses to help accounting grads gain the knowledge they need, but work experience can be just as invaluable for those looking to launch their...
Positive interdepartmental interaction is one of the keys to success for many large companies. Different departments have different tasks and short-term goals, but all parts of...
While some people think that a tax accountant only works during tax season, the truth is that tax professionals work all year long. When not preparing tax returns for clients,...
In the past, you could count on recruiters or hiring managers reading your resume and cover letter to find out if they wanted to interview you, but times have changed. Now...
Fair value accounting (FVA) is a financial approach in accounting in which a company measures and reports an estimate of the amount of money it would receive if all its assets...
Experienced actuaries are in high demand as insurance companies struggle to comply with new regulations and adjust to changes brought about by implementation of the Affordable...
Tax season is stressful enough for taxpayers, but if you're the one sitting behind a desk figuring out answers to everyone else's tax problems, you're bound to feel even more...
If you prepare individual income tax returns, your clients likely have a lot of questions about the new health insurance law. Under the individual mandate of the Patient...
With tax season in full swing, now is a good time to start helping your clients plan for the future. Your tax rate has a lot to do with where you live, so if any of your...
You learned the accounting basics in school, and you're ready to take on the world as an entry level accountant. It's normal to be nervous, especially if you don't have a lot...
Tax season can be exceptionally stressful for corporate and private tax preparers alike. Many accountants work overtime to help prepare reports and statements even if they are...
Online tax preparation is obviously the way forward in accounting, and nowhere is the demand for online tax preparation more keenly felt than among small businesses. While...
Modern businesses rely on payment processors to handle a variety of different transactions. Goods and services can all be invoiced, paid, and tracked using the tools available...
Each year brings changes to how the federal government calculates income taxes, and accountants who regularly work with personal tax returns need to understand the new tax laws...
Since the United States experienced a recession in 2008 and 2009, the job outlook has not been positive for many college graduates. For accounting majors, however, the job...
In early January 2014, the House Ways and Means Committee released a tax reform discussion draft for small businesses. One provision of the draft, which would mandate the...
In the middle of January 2014, Wells Fargo and JP Morgan posted remarkably high earnings. At first glance, the sudden increase in the Wells Fargo and JP Morgan financials...
The employer mandate that requires companies to provide employee health insurance has been delayed until Jan. 1, 2015; however, it's not too early to begin talking to your...
Accountants are often called upon to help managers and business owners make smart financial decisions, and the preparation of a rainy day fund is an essential step towards...
Ensuring financial compliance with all relevant laws has always been a top priority for federal regulators. Accountants can assess the strength and profitability of a firm to...
The series of examinations administered by the American Institute of CPAs, or AICPA, is known collectively as the CPA exam. New accountants and those looking to advance in the...
When it comes to accounting jobs and promotions, it's a buyer's market. Hiring managers and recruiters know the characteristics of an accountant they're looking for, and...
Small-business accountants help determine the best bookkeeping option for clients on an individual basis. It's important to find a small business accounting option that fits...
For accountants, the first few months of the year are usually the most stressful. As you enter into the 2014 tax season, you can implement strategies to help avoid tax stress....
After the tough years that followed the United States recession of 2008 and 2009, the IPO market suffered. In 2014, however, the number of IPO offerings is expected to...
As the 2014 tax season draws nearer, many CPAs are looking for ways to offer better services. By taking the time to improve your accounting skills and stay on top of changes in...
The Internal Revenue Service recently released information about 2014 tax rates and standard deductions. The tax brackets are a little different this year, which is good news...
Tracking finances is an essential part of every accountant's job. Many technologically savvy accountants are turning to accounting apps for tablets and smartphones running...
A lot of people aren't sure what the best investment is for retirement, so many end up contributing to their company's 401(k) plan and leave it at that. That has changed over...
If becoming a chief financial officer is one of your career goals, you must master certain skills as an accountant first. Basic accounting skills are not enough to help you...
Expense tracking is exceptionally important for companies of all sizes, and many companies are turning to various receipt app programs to assist with this important task....
The beginning of the year is a great time to start planning for next year's taxes. Tax changes in 2014 will affect the return you file in 2015. Understanding these tax changes...
Tax season is a busy time for all accountants. Not only do you need to help your clients file their taxes, but you need to ensure that you understand any new tax laws,...
A new year is a time for fresh starts and new horizons. As someone who has pursued an accounting career, you have the advantage of being very busy during the first quarter. Tax...
As tax season draws closer, many US accounting firms are putting all their focus and energy into time-sensitive accounting services. In the process, many accounting...
The major thrust of the Jumpstart Our Business Startup campaign and subsequent act lies in the issuance of proposals to provide small-business help for those companies seeking...
Changes are in the wind at the US Securities and Exchange Commission (SEC). New SEC rules are being implemented to mandate stricter financial reporting standards, and the...
Tax season is the Super Bowl of the accounting industry. It's the time of year when frazzled customers seek professional help to determine the size of their tax refunds or...
As 2013 draws to a close, many analysts are making predictions about what 2014 will hold for accountants and other financial professionals. Fortunately, it looks like there...
The holiday season 2013 has come around along with the challenge of finding great gifts to give friends and family. If you have accountants on your list, you can help them...
Whether you work for yourself or a large accounting office, there will be times when you'll need to visit clients at their offices. To ensure visits go smoothly, you need to be...
Reports from the United States Department of Labor showed that the number of accounting jobs available for workers increased in November of 2013. Other indicators also showed a...
Advances in accounting technology have been one of the quiet revolutions of the Information Age. Where, thirty or forty years ago, an accountant was restricted to paper...
The accounting industry constantly changes to keep up with the challenges posed by the developing marketplace and governmental shifts in policy. Savvy accountants need to...
Accounting professionals are responsible for delivering top-quality data to their employers or clients. Bad accounting data often occurs when quality slips due to input errors...
Accountants handle large volumes of data on a regular basis, and various accounting tips can help you get a handle on these figures, regardless of the season. Accounting tips...
Accountants tend to have a lot of work to accomplish as the year winds to a close. Tax accounting for the next year takes up the bulk of many accounting professionals' time,...
Looking for an accounting job is not the easiest task you'll tackle during your career. The ever-varying marketplace demands that applicants deal with changes, expected and...
Xero accounting software has made big waves in the few months that it has been available to United States' accountants. The company's American rollout was met with much...
The federal government shutdown of October 2013 had some professionals worrying about the stability of the future economy, especially those working for companies affected by...
Whether you're searching for a job in accounting, making your way up the ladder of a financial corporation, or looking for a place in the local CPA association, business...
As the beginning of each year approaches, many scramble to come up with deductions to make April's tax bill more palatable—or tip the scales in favor of a refund. In addition...
A lot of work goes into an accounting job search, and you can increase your chances of landing the right position by trimming excess tasks and unimportant information from your...
The maxim of working smarter instead of harder extends into the accounting world as much as any other area of business. Every accounting system requires skilled professionals...
In late November, a proposal for a universal fiduciary standard was placed before the US Securities and Exchange Committee. The proposal, which was unanimously advised by the...
Accounting is a fairly safe choice for people looking for steady employment. In addition to being highly respected, accountants enjoy job security. CPA jobs are plentiful, and...
According to the annual Talent Shortage Survey conducted by ManpowerGroup, accounting and finance jobs have been among the top ten hardest positions to fill over the past three...
In 2002, companies like Enron became industry—if not household—names with a number of very public accounting-fraud situations. The result of so many issues of such large scale...
A good accountant always looks ahead. From continuing education via regular accounting classes to sharpening your skills by way of independent accounting research, you should...
Sometimes, negative accounting tips have the potential to do the most good. One don't can be worth a dozen dos, after all, when you're looking to balance the accounting...
A good office party is fun for the whole workforce. It livens the mood, lifts morale, and gives everybody a chance to see their coworkers in a new light. Of course, for the...
Along with most of the other professional career paths involving science, technology, engineering, or math (STEM), accounting jobs are notable for their general lack of...
Thousands of articles and books have been written on leadership development, yet accounting managers are still struggling to find accountants with the soft skills needed in an...
Accountants have something to look forward to in 2014. Not only will there be more accounting jobs available throughout the industry, but the Robert Half 2014 Salary Guide...
The Internet allows employers to find great candidates online. To catch the eye of hiring managers and recruiters, your online resume needs to stand out from the hundreds of...
A specialized jargon exists among accountants, as among other professionals, consisting of accounting terms that convey highly specialized meanings in just a few words. These...
Many companies need qualified experts available to fill accounting jobs in a variety of fields. Accountants are invaluable assets for businesses of all sizes. If you are a...
Word-of-mouth referrals have always been coveted by businesses; with the popularity of online networking websites, it's easier than ever for your customers to spread the word...
For most accountants, the follow-up call is a necessary evil. When you're competing for clients with other accounting firms, however, follow-ups are opportunities to set...
Accountants and financial experts are often called in to provide accounting tips and help for private individuals and businesses as they plan for next year's healthcare costs....
There are several types of accounting jobs, each with a wide range of tasks and responsibilities. From accounting clerk to certified public accountant (CPA), these positions...
Whether you’re a new accountant or a seasoned professional, working with an accounting recruiter gives you access to a variety of open positions. Accounting recruiters are...
Many business owners struggle with financial planning, but good planning is essential for success in the business world. If you provide accounting services to small-business...
On October 1, 2013, the federal government shut down after weeks of budget negotiations. The government shutdown occurred because legislators could not agree on spending cuts....
Managing the accounts for a small business can, in many ways, be more challenging than a similar position at a large corporation. Small-business payroll software can help level...
While most individuals only worry about taxes once a year, businesses have to keep track of payroll taxes all year round. Some use payroll tax software, some outsource the task...
The popular Xero cloud accounting software for small business that has taken worldwide markets by storm is coming to the United States market. Xero hopes to compete with...
To be successful, it's important that you're always aware of any new accounting trends that could affect your career. However, with advancements in technology that are changing...
Today's accounting experts have many different tools and methods at their disposal. Choosing the right tools is only part of the process, and business accounting professionals...
Money is a hot-button topic for most people, but breaking bad news to accounting clients doesn't have to be an anxiety-ridden undertaking. From a large company to a family of...
Now is one of the best times in history to look for an accounting job. Employers report a shortage of skilled people to fill several types of accounting jobs, paving the way...
Accounting professionals help companies and individuals alike when it comes time to file taxes. Changes to existing law can have a profound effect on the amounts owed by and...
The United States relies heavily on its creditworthiness to pay for programs ranging from military spending to Social Security. Should the US default on debt, it would create a...
A great way to stay abreast of industry news and keep up with the latest accounting tips is to follow key financial sources on Twitter. With millions of tweets hitting the site...
Cloud computing and linked payroll systems aren't the only online tools that offer accounting professionals more efficient ways to do business. Unconventional accounting tools...
In July, President Obama introduced a proposal to lower the income tax rate on corporations from 35 percent to 28 percent. While many corporate executives welcome the change,...
To taper or not to taper: that is the question—or at least it was until recently. The Federal Reserve's bond-buying program, which was put into place since shortly after the...
Do you think like an accountant, or like the chief financial officer (CFO) of a large corporation? The majority of the people who work in the accounting industry think like...
The Affordable Healthcare Act, also known as Obamacare, is the US federal statute designed to regulate the country's healthcare system. While the statute obviously affects the...
A common problem people in the accounting industry are struggling with is whether to enter a specialized accounting field or develop general accounting skills. There are...
For professionals who want to become certified public accountants (CPAs), the CPA exam is a career requirement. The test enables you to practice as a CPA, which can increase...
Very few accounting firms have reached the level of PricewaterhouseCoopers, where the work is steady and accounting jobs are so plentiful that accounting bids are largely a...
The Financial Accounting and Reporting (FAR) exam is one of the four accounting tests included in the Certified Public Accountant (CPA) exam. To obtain your CPA certification,...
If you work as an accountant for a product-based business, there are likely some key differences between the tasks you perform and the tasks performed by an accountant for a...
Intuit has finally thrilled its anticipatory public with the release of the latest version of Quickbooks. For decades, Quickbooks has been the favorite accounting tool of...
Are you trying to further your career accounting career by specializing in a specific type of accounting? If so, forensic accounting may be a good option for you. Forensic...
Just a few years ago, the idea that mobile apps had a place in the business world would've earned a laugh. Apps were regarded as kid's stuff. With the rise of Web 3.0, however,...
For complete incomprehensibility, there's really nothing quite like the US tax code. Entire offices full of trained experts have been known to make glaring errors simply...
When you think about finance jobs, old industrial cities and the South probably don't place very high on your list of associations. Surprisingly, that's exactly where some of...
Intellectual property rights can be tough to implement—particularly in the era of the Internet. For this reason, intellectual property (IP) has historically been left out of...
In a competitive job market, basic accounting skills are not enough to set you apart from other applicants. Whether you want to make a lateral move with your current firm or...
With women heading major corporations like PepsiCo and eBay and others running for major offices—including President of the United States—it's hard to believe a gender gap in...
Accounting skills are no longer limited to columns of credits and debits; modern accountants are expected to take part in company leadership, manage complex technologies, and...
The accounting job market is poised for 16 percent growth between 2010 and 2020, according to the Bureau of Labor Statistics. Availability of work does you no good if you can't...
According to the workforce experts at ManpowerGroup, accounting jobs are among the hardest for companies to fill. Experienced accountants with well-rounded skills may find the...
Great managers are like the golden eggs laid by Aesop's fabled goose. They have a significantly positive impact on the productivity and profitability of an accounting...
Whether you are interested in becoming a certified public accountant or a payroll manager, an accounting degree can help you land a job that provides a good deal of personal...
Even when the numbers are bad, businesses need someone skilled at maintaining and interpreting figures. The ability to make smart, data-based financial decisions can turn the...
Whether they're interviewing for a new position or facing a yearly review, many accountants are facing the somewhat daunting task of negotiating their salaries. Salary...
When you meet a client to negotiate fees, you hold most of the power in your hands. Offering your client a low fee might land you the job but not cover your overhead costs,...
Whether you are looking to get ahead in your accounting job or want to take the entrepreneurial path, a mentor can provide wisdom and guidance that can help you perform better...
The current job market is so competitive that receiving an interview request may make you feel like you've won the lottery. If it's been awhile since you last interviewed for a...
The Supreme Court recently struck down Section 3 of the Defense of Marriage Act, which defined a spouse as a person of the opposite sex and marriage as a union between one...
The Financial Accounting Standards Board is the organization responsible for setting the standards that all accountants should follow. In June 2013, the organization announced...
The Internal Revenue Service is currently under fire for its extra scrutiny of the tax-exempt applications of various conservative groups. However, this is not the only current...
In an article on Kiplinger.com, Joy Taylor reports that the Internal Revenue service audits more than 1 percent of all the individual returns filed each year. As an accounting...
Recent accounting graduates are entering the workforce at one of the best possible times, as the demand for these graduates has reached unprecedented levels. If you have an...
The American Institute of CPAs, also known as AICPA, is the largest organization of accountants in the country. As a member of the AICPA, you have access to conferences and...
The Affordable Care Act, which goes into effect in 2014, requires that all insurance companies offer insurance for patients and that all patients carry some type of health...
While the financial crisis may have focused the U.S. Securities and Exchange Commission's attention onto Wall Street, it seems that now that the fires from that blowout are...
The American Institute of CPAs regularly rounds out an annual meeting in Washington, DC, by sending groups to lobby federal lawmakers. In 2013, federal tax reform was high on...
Competition in the job market can be fierce, so it's important that recent accounting graduates learn how to market themselves before they begin their new job search. Because...
Experience counts for a lot, but in a tight economy and competitive job market, it can be difficult to convert your work history into current employment. A solid accounting...
The CPA test is one of the most important tests you will take as you pursue a career in public accounting. Officially called the Uniform CPA Examination, it has four CPA exam...
Tune into a sports or movie awards ceremony, and you'll hear winners thanking those who helped them succeed. Great accomplishments are rarely achieved alone, even in business,...
Accounting systems are constantly being tweaked to find the best fit for a business. New software packages for tracking accounts and inventories are released regularly, and new...
Many accounting agencies work with multiple clients and must keep close tabs on accounting trends emerging in the marketplace. These trends may lead to insights on how to...
The chief financial officer of a company holds one of the most important accounting positions in the organization. This executive is in charge of not only managing the...
The complexities of the U.S. tax code are a regular joke around the office cooler in many accounting offices, but the code itself is long overdue for an overhaul. Come tax...
Many accountants have a secret: at times—and despite their extensive qualifications—handling other people's financial affairs can be pretty daunting. If you're a newcomer to...
Many hiring managers are turning to experienced accounting team members and managers to join in the discussion when it comes time to hire new accountants. Accounting graduates...
When you work in the accounting field, your clients expect you to have their best interests at heart. As a result, accounting is about much more than preparing tax returns and...
Whether you are about to graduate college for the first time or you're making a midlife career change, passing the CPA exam may be the main hurdle to earning a paycheck as a...
The need for accountants is on the rise as invoices and inventory tracking become ever more complex due to insurance and tax regulations. Many graduates possess the basic...
Some accounting firms offer a business mentor program for new associates who need guidance from experienced accountants. If you want to participate in one of these programs,...
Becoming an accountant is a big decision. You take on a lot of responsibility to ensure that your clients are protected and financially sound. Whether you take care of the...
Industry insiders track trends in accounting and use them to predict, among other things, a company's potential for growth; investors use trends in accounting to evaluate their...
Working as an accountant requires a professional attitude and a relevant degree. As you begin your search for how to become an accountant, you must learn about the required...
Whether you work for a small accounting company or one of the Big Four firms, auditing is a rewarding profession. From ensuring compliance with financial regulations to...
As the costs of launching and running a business keep growing, companies continue looking at cost-reduction ideas. Asking the accounting department to work with other...
Whether you just completed a four-year accounting program or you are an experienced accountant, employee value has a lot to do with whether you will land your dream job....
Times have been tough for most of us lately. With so many of us desperately looking for work or struggling to hold on to the job (or jobs) that we have, the fear of falling...
In response to issues surrounding the impact of Hurricane Sandy, the Internal Revenue Service (IRS) recently announced it will extend deadlines for those affected by the storm....
Recent college graduates in finance or accounting can usually land a job at a large firm. If you graduated from Harvard, Wharton or other Ivy League school, you’ll have a...
The need for accountants has never been more acute. In these tough economic times, businesses large and small are scrambling to track and control costs. If you’re a young MBA,...
There has been a great deal of negative information about the banking industry lately. From predatory lending to excessive bank fees, people have been growing more and more...
The first day of May was a huge day for the Occupy protesters. There were events planned in over 100 cities across the country, along with large marches and actions in places...
With all of the financial scandal of the last decade, it made me wonder why it is that people still behave in an unethical manner. Is it because they really just care about...
I have a hard time with Occupy Wall Streeters. One reason is the sheer stupidity of the signs they hold up. Let me give an example, and I’ll tie it up with job...
I am indebted to Eileen Ambrose for an article in the Baltimore Sun that was re-printed in my local paper for the inspiration and also the Generation X and Generation Y...
Tell your parents you want to go to college for political science and see the reaction. What will you do with it? This is the kind of degree that some experts are saying...
Keeping up with current money trends tends to impress potential employers. If you divulge some details of your financial planning goals for your future your boss-to-be will be...
Right now’s a hard time to get hired as a tax preparer, even though the unemployment rate is 2.2 % for auditors and accountants. It’s too far along into the tax season for new...
There has been a great deal of debate recently about raising the Federal Minimum Wage. It has been mentioned many times in recent campaign speeches by members of both parties....
I am indebted to AnnaMarria Andriotis for a blog published on www.smartmoney.com, “5 College Majors that Can Help You Get a Job,” on August 25, 2009. Because of the crash...
Under the Federal Reserve financial system a dollar today buys 3 cents worth of goods compared to 1913. Not mentioned by critics is that the standard of living is higher today...
Ferdinand Foch, the French General in charge of the Western armies in WW I said of the treaty to end the Great War; “It isn't a peace; it’s a 20 year truce.” He was wrong by...
This is a series on how inflationary financial policies can get you a job because inflation hurts some and helps others. But first, a backdrop dealing with conspiracies to set...
If the Federal Reserve never had existed as some wish, we'd still have some kind of Central Bank unless we wanted to go back to the unstable banking system before almost all...
The job of controller is exciting. This is because a financial controller is more than an accountant; this person is an investigative corporate officer who's the watchdog of...
Back in the 1800’s, if an ordinary person wanted to meet the President, he or she could walk in and see him unannounced. One such President was Grover Cleveland. On an...
So you want to be a stockbroker. Doing this job does not require a college degree, or any degree for that matter. Just as a lawyer need not even go to law school, (Abraham...
The Occupy Wall Street crowd's a most unusual protest. OWS's a counter protest against those who want reform in Washington. However, OWS wants bigger government, more...
Image via Wikipedia Walmart's Money Center is benefiting from the Occupy movement.I'm sure that you are aware of the disdain that the Occupy movement has for big...
The last time I wrote dealing with this series I left off by writing that I would take up with the myth that stock brokers are evil day traders that just bang in and bang out...
Image via Wikipedia How banks are making a buck off the unemployed. When you are unemployed, looking for a job and trying to live on less than $200 a week, each dollar...
I wrote a telling financial blog against Occupy Wall Street, so you might think that I have no sympathies with its kinder elements, such as the idealistic students and the...
I've been reading a lot of editorials and protest signs from Occupy Wall Street about greedy bloodsuckers on Wall Street, and from what I have read, I can see that many people...
Famous American socialist Norman Thomas said, “The American people will never knowingly adopt Socialism. But, under the name of ‘liberalism’, they will adopt every fragment of...
Take a look at Occupy Washington.Last week, I posted a blog about the ongoing protests in the Occupy Wall Street movement.Earlier this week, I had the chance to visit the ...
by Alex A. Kecskes The need for qualified accountants is expected to rise in the coming years as companies squeezed by the recession seek to trim the waste in their...
There's good news on Wall Street; it appears the correction which entered bear territory is coming to an end with maybe a couple more drops to come. Also, it's probably a good...
Image via WikipediaMany people are getting involved with the movement to Occupy Wall Street.Occupy Wall Street started as a grass roots campaign to fight against corporate...
I am indebted to http://www.fiercecomplianceit.com/story/can-dodd-frank-create-jobs/2011-09-16 for some of the information in this blog. Bank of America is cutting 30,000...
Even the rich don't want the tax cuts.We all know how tough the economy is right now. States are running out of money and the unemployment rate is still high. So many people...
The President's tax request and jobs bill are dead. This is the best jobs news. This is because the proposals are exactly what he always asks for from Congress, tax hikes on...
A growing and wide ranging field in the financial area is data mining. Put simply, data mining is where companies gather information, usually using software, to improve their...
Image via CrunchBaseKiva Microlending hopes to help struggling businesses.Kiva has long been the leader in microlending to the developing world and has a strong track record...
We've all heard that Social Security needs to be fixed, its trust fund being only a scheme which stole our money, the people concocting it long ago retired and now collecting...
Let me first say thanks to Cindy Kraft, a leading career & personal brand strategist for corporate finance executives for much of the information in this blog. A career and...
America’s credit rating downgrade by the S & P is a symptom of our financial problems caused by positive versus negative government. One is perhaps our national salvation...
What will the federal debt limit increase compromise mean to those job hunting? Well, if you're looking for a federal government job, employment aspects will be wide open. ...
This is my last blog on the importance of credit in getting a good job in the financial sector. As I have written before, you need good credit to get a good job in the...
You need good credit to get a financial job, which is why I have written this series. Blog one dealt with repairing bad credit, the second blog with keeping a positive and...
This blog is the third part of a series dealing with repairing, maintaining and establishing credit as good credit is needed to acquire a good job in the financial field. The...
As I wrote in the last blog, you need good credit to get a financial job. To deal with this you need to be positive and realistic because you'll be dealing with both creditors...
So you want a job in the financial sector, perhaps as a broker or as a financial analyst? Before you apply for a job in the financial field, you need to know your own...
I've written a few articles about financial bubbles and our economic troubles. It's easy to write about what's wrong, but what about solutions Free trade doesn't work. It...
Former Clinton advisor, Dick Morris, has claimed that when President Clinton was in office, the central bank asked him to stop paying the national debt off so fast from the...
The USA Today’s Headline blared that the United States really owes $ 65 trillion dollars. China at the same time dropped 97 % of its T bills. Yet people still got up, went...
I believe in reforming Medicare, but the debate should be that the system's inefficient, cheats doctors and patients; and not the financial debates which demagogues use to cast...
This is the conclusion to a series of articles that I have written about government finance, the Federal Reserve and our debt. I am writing it because I do not want to give...
The government has reached its legal debt limit of $ 14.3 trillion dollars. In order to continue to function financially, if Congress does not raise the debt limit, it must...
When looking for a career in finance assess the risk and increase your odds by applying at a place where they have more posted positions. Check the list of companies below all...
We have all heard of stories like the ones recently reported about Boeing, a supplier of military aircraft to the United States. There was a charge of $ 645 for a copter part...
The workforce is ever-changing but some status updates should be kept to oneself and not revealed In The Hot Seat. Find a stable career in finance at FinancialJobBank.com.By...
There's a myth that Social Security's bankrupt. The truth is that there's a trust fund that won't be exhausted until 2041. Now I know that the trust fund has government bonds...
I’m completely a coffee addict. I can admit that I have a problem but I’m not ready to quit. When the time comes to give up my favorite vice I’ll need to take a vacation...
Are there conspiracies? Julius Caesar came to power in a conspiracy. So did Augustus and Hitler. Some conspiracies are good. America was born in conspiracy. The Founding...
Math may have always been your forte but that didn’t stop you from dreaming of a red carpet life style. Many financial careers can lead to a cash of celeb clientele and...
The United States is broke. We've bankrupted our children. Our financial situation's grave. And it's not true; yet. First let me ask these question. Monetarily, what did World...
Will Eric Schmidt have to sell his stake in Google?Rumor has it that Google's Chairman, Eric Schmidt is on the short-list for the job of Secretary of Commerce. If he is asked...
Sometimes a gamble have a big payoff in financial careers. However, there are certain risks you don’t want to take In The Hot Seat. By Heather Fairchild - Heather is a...
If you're a Beatles' fan, you know that Paul McCartney and John Lennon's estate don't own the publishing rights to their songs, though they still own the writer's rights and...
Don’t get caught red handed In The Hot Seat. There are some skills you might not want to advertise on a job interview. Are you looking for a job in Finance? Be sure to...
The financial world has changed quite a bit since the beginning of the recession. When the recession first started, financial professional were being laid off in droves. ...
We're all taught that our forebears thundered “No taxation without representation.” What we are not taught is that before diplomats entered the ship that took them to Great...
I was talking to someone who had left a job, and her old boss had chided her for leaving without giving a full two weeks notice. I said,” I didn't realize the company you...
The slogan says, “The touch, the feel of Cotton….the fabric of our lives” and I can’t help but agree. From my sheets and socks to my jeans and tees I’m a cotton girl. And while...
Would you spend $8 for the convenience to grab cash on the go? With ATM fees on the rise you might have to if you can’t find a bank in your network close to your new job, your...
Think back 3 years ago to where you were working in 2007. Did you file your taxes? If you didn’t you might be due a portion of the $1.1 billion in unclaimed refunds the...
Economic and Financial laws have no heroes or villains. During World War II, Nazi Germany should have had hyper-inflation, except Hitler ordered everyone to have only so much...
Be a leader in your finance job but don’t make this mistake In The Hot Seat. Are you looking for a job in Finance? Be sure to visit FinancialJobBank.com By Heather...
When you’re looking for a job in finance it’s easy to get excited about every opportunity that comes your way especially if your search has extended past your initial...
A new virus called OddJobs has found a way to hack into users bank accounts, committing fraud and stealing money.Running a good anti-virus program and logging out of sessions...
If you’re looking for a job in finance and need something part time that could turn into full time, consider preparing people’s taxes. This is the time of year when the demand...
Where you spend your time can affect where you can find a job in finance. Find out what will get you hired when you’re In The Hot Seat.Are you looking for a job in Finance? Be...
Four-In-Hand, Windsor, Half Windsor, or Clip On are all choices you have when tying your neck tie. As many people looking for finance jobs know, how you tie your tie can say a...
It’s that time of year again when you sit patiently by the mailbox waiting for the mail carrier to bring your W-2’s so you can fill out this year’s taxes and hopefully net a...
If anyone doubted that the party's back on Wall Street, consider this: The Dow Jones Industrial Average has climbed back over 12,000, which means that the stock market has...
Now that Apple Inc has announced that Steve Jobs is going to be taking a leave of absence from the company due to health related problems, there are many in the financial...
If you work in finance you may already know that credit cards are virtually the same as they have been for decades. "Your plastic card hasn't changed since the age of the vinyl...
You’ve spent your career in finance trying to help people make money. Have you ever considered a job where you could help them give it away instead? Non-profit organizations,...
2010 is over and this new year, the nation is still digging out from one on the worst financial crises in history. So, it doesn't take a genius to figure out what the number on...
Economic recovery is not going to happen by selling out to large corporations or outsourcing industry to other countries. What will work is what has always worked, the grit and...
In the world of Finance, having to wear a suit to work isn't too surprising, but the Swiss firm UBS has made some waves with their new 43-page dress code for their retail...
The Treasury Department may have overextended itself during the latest round of security upgrades to the nation’s greenbacks. A $110 billion snafu means that the latest version...
Washington Mutual made a big impact on the banking world fifteen years ago when it introduced a no monthly fee, no minimum balance, free checking account. Of course, Washington...
Deciding to pursue a career in finance is an interesting one as there are so many choices available to you. In fact, there are many careers that cater to varying interests and...
These days, the economy seems to get worse and worse, with the job market right alongside it. Because of these tough financial times, I was surprised by the report issued last...
It may seem like pushing on a string, this latest round of "quantitative easing" announced by the Federal Reserve last month. With the Federal funds rate already just above...
For every person a corporate recruiter brings on board, there are another 10 who she has to disappoint. That glum statistic comes from a corporate recruiter whose alter ego is...
Ask and you shall receive did not hold true for charities in 2010. This was especially true when it came to the size of gifts from major donors. A recent survey looked at...
You may not have been paying attention to the markets when it happened -- on second thought, you probably were -- but last month, the stock market passed a significant...
It seems that the month of October, especially the end of it, has a bleak history on Wall Street. There have been many moments in world history where events happened that were...
Finance is all about numbers. Rates of return, interest rates, currency rates, inflation, money supply, rate spreads, and on and on. Reams of numbers are produced, sliced,...
While the Dow may be up and some experts are saying that consumer confidence is higher this month compared to previous months, there are many who disagree. According to a...
"God is in the details." -Ludwig Mies van der Rohe What does this have to do with the spreading foreclosure scandal enveloping the mortgage lending industry? It's this: In...
The financial sector is always heralded as being ‘the’ early adopter marketplace, willing to test and deploy the latest and greatest to develop faster transactional processes...
As a financial professional who’s looking to start or continue a successful career, you need an unequivocal understanding of money conservation.That understanding really needs...
Tech professionals hoping to move up the career and management ladder at financial institutions have to understand, and embrace, the vital role that customer “centricity” is...
It seems that the parade of statistics related to unemployment just keeps marching on by. Facts and figures are tossed around by the media on nearly an hourly basis, and as...
CASH FLOW – A MAKE OR BREAK PROPOSTION!(Part II of two)by: Randy SnyderPart one addressed some aspects of improving Cash Flow! Part two is a continuation of those common sense...
According the U.S. Bureau of Labor Statistics, financial sector jobs were hit hard the last 12 months by the fact that nearly 9,000 financially-oriented firms closed their...
Not all jobs are made equal and not all jobs are for everyone. Each of us has a personality that we bring into the job and into the new company. Finding a job that fits your...
Is there a way to have financial security and grow a sizable nest egg safely and predictably? The answer is a resounding "yes," although you probably won't hear about it...
Imagine what it would be like to have a financial plan that gives you predictability, control and tax advantages – a method that lets you bank on yourself, rather than Wall...
Do you have what it takes to compete for a finance job in New York? From entry-level work to senior finance jobs, there are plenty of people standing in line to apply, but...
The business world is an ever-changing place, and nowhere is this more evident than in the field of accounting, where even long standing principles are being adapted to face...
The world of debt has changed dramatically since President Obama was inaugurated. Whether you are going to be a master of your debt or a victim of your creditors depends on...
If you’re looking for accounting jobs in Philly, you’ve naturally prepared a resume and a cover letter to use in your job hunt. However, how competitive is your accounting...
In any economic recession, job cuts are a fact of life. When it comes to careers in the financial services sectors, it’s easy to think looking for a finance-related career is...
Those seeking financial services careers soon learn about the importance of getting financial certifications. Financial planning certification and related qualifications are...
Those with jobs in financial services know all too well how budget cuts and other concessions to a bad economy can affect employee morale. But it’s not just those with...
The 2008 financial bailout, also known as the Troubled Asset Relief Program or TARP, is a complex set of loans and equity purchases made across...
Authors Note: This post is purely based on personal experience with PricewaterhouseCoopers. Though it is likely that this system is used at the other Big 4 accounting firms,...
Accountants on the Job The job of a financial accountant is to categorize, measure, and document the financial transactions of a business. As an accountant you will prepare...
There Are More Green Jobs Than You May Know There are plenty of things that come to mind when you think about green jobs -- engineering green technology, installing solar...
The Need for Financial Advisors The recent crisis may have many bristling at the idea of working in the financial industry, but financial advisors (also known as financial...
If you are good with numbers and like the idea of working with money, then a finance job may be a good match for you. Different types of jobs will require different levels of...
Campus interviews are typically held on college campuses or 3rd party sites. They are not often conducted at the office of the Big 4. For the campus interview, you will likely...
Today I’d like to present some facts on the state of the internship market. The majority of these statistics come from a great feature in Business Week, ‘The Best Places to...
Industry professionals, recruiters and college professors are unanimous in their belief in one thing: there is no better way to start a career in accounting than experience...
A Secure and Growing Profession While financial sector jobs have been hit hard by the financial crisis and economic downturn, accounting remains a secure and growing...
Build a better nest egg with 6 easy, sound strategies for 2009. The stock market lost 38% in 2008, but if you lost more than 20%, your problem wasn't really the stock...
Samantha Ho is a CFA (Certified Financial Analyst®) with a business administration degree from Bryn Mawr College and an MBA from UCLA Graduate School of Management. May Lo...
Every little expense or income can make a difference in the ledger books of a business. It is therefore crucial to maintain accurate accounts of the daily transactions of a...
Tip #1: Keep it Separated Too many business owners mix and mingle their personal and professional finances. Even if you are a sole proprietor keep you business business, and...
Does your business needs an outside accountant? It all depends. If you require an audited or reviewed financial statement, then, yes, you need a CPA. In any event, it is...
Investing in equities when the market is at its record highs requires an approach based on successful past experience. Here's a pattern that has proven successful for...
Small business owners often attempt investment expansion by loading up on several credit cards and hoping for the best. It's not a good practice but publicity about a few...
Not saving receipts of less than $75. While such receipts may not be required by the IRS, they provide backup documentation for the many deductions you may claim. It is very...
Despite widespread agreement that effective expense management is critical to business success, there's still one aspect of expense management that tends to be handled badly....
In business management, inventories are lists of the goods and material a company has available in stock. If a business does not have an inventory, it cannot be truly...
Among its recent endeavors, CODA has recently announced new set of financial planning and budgeting products: CODA s-Planning (“s” standing for “standard”) and CODA c-Planning...
Founded in 1979, and headquartered in the United Kingdom, CODA Group is a finance management systems specialist, and part of the publicly traded CODASciSys plc. group (AIM:...
Factoring or Accounts Receivable Financing is a tool for providing working capital and cash flow to businesses of all sizes and in all industries. It is especially useful for...
Among the areas where modern enterprise asset management (EAM) systems provide substantial benefits is the driving out of inefficiencies in business processes. Through the...
Since the late 1980s, enterprise asset management (EAM) vendors throughout the world have pitched their products based partly on the ability to capture, manipulate, and analyze...
As a $17 billion company, privately held PricewaterhouseCoopers has tremendous leverage when it goes to the marketplace to make purchases. Now the company is offering to share...
Profitable currency trading is within everyone’s reach - but only a minority succeed. The reason for this is, most traders don’t treat it as a business, and don’t approach...
Remarkable developments in internet computing technology have given birth to a more efficient inexpensive medium that delivers goods/services to consumers. This global...
A motion picture produced on a budget of just $140,000, "Texas Chain Saw Massacre" grossed $30,859,000 at the U.S. box office, making it one of the most successful independent...
The salary levels and the demand for accounting jobs are both going through the roof. All companies need accounting personnel, whether they are pharmaceutical manufacturers,...
Federal Reserve Board members attending the sixth Federal Open Market Committee meeting on September 20, 2006 have decided to maintain the current short term federal funds rate...
A defined benefit pension plan states how much money in retirement income an eligible employee will receive each month from his/her employer. The payment depends on...
It's not the first time, but the ninth consecutive in a row, that Ernst & Young has been recognized as the Most Admired Knowledge Enterprise (MAKE) of the world. In the 2006...
No longer are investors and corporations bound to a single place. They are in constant endeavor to search international markets and are looking beyond the traditional markets...
The Big Four firms have yet another reason to celebrate. Capgemini won the Customer Experience Award in the Banker Technology Awards 2006. The tribute is paid to honor...
The “dog days” of summer typically are slow times in the securities markets, as many participants embark on vacations and extended weekends. However, two events occurring in...
In a report issued by KPMG, the economic growth of South America seems just short of miraculous. How has this been accomplished, and what does this mean for direct investments...
The globalization of the world economies has brought about anticipated, as well as unexpected changes. One of the most controversial and complicated has been the investment...
The continuing trend for businesses in today's global environment is to seek outsourcing opportunities, in an effort to control costs and to affect the highest level of...
There is a startling development in the most unusual place: South America. A region often marked by risk, uncertainty and crisis, South America is experiencing a rapidly rising...
One of the most overlooked industries, insurance, is poised for growth over the next three years. That fact is not disputed. The methods that will be used to achieve that...
The Public Company Accounting Oversight Board is proposing rules,which in a roundabout way, help the Big Four audit firms handle some potentially sticky situations. Under...
One of the most lucrative investment industries, venture capital, underwent a period of tremendous transition last year, and with that transition signaled passage into a new...
The global expansion of the Big4 into countries such as India, Brazil, and China are a testament to the tremendous growth potential to be found in the world markets; the latest...
In spite of the extreme market fluctuations, one area, venture capital investing, has remained a solid, stabilized force, at least for the 1st quarter of 2006, according to a...
We set out to see who is blogging at the Big Four....simply by typing in the word blog in the search at each site. And this is what we found: At Accenture (NYSE:ACN), it...
The Metering, Billing, CRM/CIS Europe 2006 will be graced by the presence an active participation of the Vice President of Capgemini, Mr. Doug Houseman. Big Four Firms are...
The Big Four Firms proudly announces the active participation of BearingPoint in the Medical Symposium and Exhibition of the AUSA or the Association of the United States Army....
Deloitte, together with the corporate magazine "Expert Ukraine", are pleased to host a conference under the title "From Boardroom to Market: What Going Public Means." This...
In a report released in late June, Merrill Lynch and CapGemini have found that the 10th anniversary of the World Wealth Report, also showed a significant increase in high net...
It appears that China, Inc. the growing economic juggernaut is turning its focus on the Big Four Accounting firms. The Big Four - Deloitte & Touche, Ernst & Young, KPMG and...
One of the biggest and most challenging areas of international opportunity can be found in China. Managing the risk, accommodating the cultural differences, and targeting the...
Mitchell & Titus, the largest minority-owned accounting firm in the US will join Ernst & Young Global as a member firm. M & T was formed in 1974 and has 125 employees. Exact...
Can't count your chickens before they hatch. In this case, can't even count'em even while hatching. In an unusual turn of recent events, Diebold, Inc., a $2.6 billion...
We hear that the rumored acquision of BDO by Deloitte has just been completed. Deloitte lags behind the leader PricewaterhouseCoopers and Ernst & Young / KPMG in number of...
CapGemini and Merrill Lynch recently released their 10th annual World Wealth report with some astounding numbers. In 2005, there were 8.7 million high net worth individuals...
BearingPoint (NYSE: BE) was recently upgraded by Standard and Poors from 2 stars (sell) to 3 stars (hold), the analyst cited that price declines had led to the stock below $8,...
Tracy Wood became the youngest partner ever in Ernst & Young's history in exactly a year ago in July 2005, at the age of 28 and just four years after she joined the firm's...
Depreciation is defined as a portion of the cost that reflects the use of a fixed asset during an accounting period. A fixed asset is an item that has a useful life of over one...
The rich and successful stand out from the rest because of their Financial Intelligence education, not their scholastic education. This is something that we are not taught...
The Rules of Forecasting for an Effective Business Plan Through practice trial and error of writing up my own effective business plans, I have developed a set of rules...
What Are Budgets and Forecasts? They are predictions of future income and expenses and cash flow. They also predict future performance with financial forecasts and...
As an entrepreneur, planning and implementing the accounting system of the business that you hope is going to make you money, it is important that your accounting system must...
We’ve all heard about the big cases of fraud that have recently made headlines. Enron, WorldComm, and even the United Way have harbored employees who misappropriated assets,...
The area of accounting currently experiencing strong growth in the number of people employed in the field. In 2004, accountants and auditors held about 1.2 million jobs in the...
It's time to go after Wal-Mart, everybody's favorite corporate whipping boy......even if it's the customer who comes out ahead. Wal-Mart wants to open a limited-purpose bank in...
Beyond Basic Accounting Debits and Credits--CPA Exam Section Business Environment and ConceptsBy Jim Prescott Good accountants should know basic accounting debits and...
AccountingWEB.com - March 15, 2006 - It has been found that although there are more college students studying accounting by the American Institute of Certified Public...
Are you quick with calculations and always ready to help people? If you’re good with numbers and have great organizational skills, a career in mortgage banking may be a...
Online investing is becoming more and more popular with each passing day, but is this really the way to make your fortune and should you rush to join this online investing...
AccountingWEB.com - December 06, 2005- Compliance with Section 404 of the Sarbanes-Oxley Act (SOX) is required in 2006. A report by the Public Company Accounting Oversight...
According to Next Generation Accountant: A New Outlook on a Timeless Profession, a new research guide from Robert Half International, the career outlook today is brighter than...
AccountingWEB.com - Nov-10-2005 - Changing the Uniform CPA Examination to a computerized test meant far more than switching from pencil and paper to a keyboard – not only for...
Jay Moncliff Founder of Accounting-Center.info Forensic accounting is one of the fastest growing areas of accounting jobs in the market today. This specialized area is...
AccountingWEB.com - October 18, 2005 - Whenever a law is overhauled, there are changes to be explored and understood. Few changes, however, are as sweeping as those found in...
Don't you hate picking up your mail and finding the IRS logo on an envelope? Regardless of the contents, you cringe. The notice inside says "Your return has been selected for...
This article is the first of a series that will explore the many aspects of making a successful transition from public accounting to other accounting and finance careers,...
All accounting majors - and the rest of world - seem to know about Certified Public Accountants. Going through school, through the Accounting Club, in all our classes, much of...
Outsourcing jobs overseas is not only a painful issue for U.S. workers, but it is also a hardship on the U.S. economy. When jobs in the IT field were taken overseas, the new...
Financial analysts and personal financial advisors are expected to have above average job growth through 2010, according to the Department of Labor’s Occupational Outlook...
The responsibilities of today's CFOs, Finance VPs, Controllers, and Treasurers extend far beyond managing and accounting for business transactions. Increasingly, financial...
In total, the respondents use 84 different packages, with 67 percent of users choosing one of the top five -- TimeSlips (22 percent), CPA Software (13 percent), Creative...
This series examines strategies for addressing the many emergent challenges of financial management. Prior articles have examined how quantitative differences in financial...
Financial management has become increasingly challenging for CFOs, Finance VPs, Treasurers, and Controllers in all types of enterprises. This article will describe several...
TALENT AND HARD WORK DON'T GUARANTEE SUCCESS Many accounting and finance professionals find themselves frustrated in their career progress. Few of them expect something...
Women are earning considerably less than their male counterparts in the accounting, finance and banking industries, according to CareerBank.com’s 2002 Salary Survey Report. ...
THE TIME-CHALLENGED FINANCIAL PROFESSIONAL In all types of enterprises today, financial professionals are facing increasing workloads. Accountants, analysts, and their...
Last week's installment explored the first of 4 traits shared by financial managers who succeed at creating more value without more resources: those managers know what specific...
Over the past few months, the concept of a “jobless recovery” has been a hot topic in the news. Experts say the country’s rebound from its most recent economic slow-down might...
Accountants provide a valuable service for thousands of companies and consumers everyday. They often work long, hard hours and play a crucial role in the success of a company....
In recent years, the banking industry has been turbulent. Mergers and acquisitions constantly change the professional landscape as deregulation and diversified services change...
It's called the most glamorous job in accounting. For one brief period each year, the accountants assigned to the job are sought-after celebrities, sometimes fielding hundreds...
Women make up more than half of those employed as accountants and auditors in the United States today. And at least 50 percent of those women have children. As working...
From January to mid-April, CPAs are the most popular folks in town. But with Clearinghouse for Volunteer Accounting Services (CVAS), CPAs are popular every day of the year. ...
When CPAs and employees extend their business travel through a weekend, many come back confused on the tax treatment for their trips. They often find themselves unsure of how...
The United States may be moving into its first real recession in 10 years - with a downturn in profits. To survive during tough economic times, businesses must refocus from the...
By December 28th the AICPA will have all ballots for the high-profile vote on the creation of a new international business credential. CPAs across the country are trying to...
Each year, more than two million Americans become involved in a divorce. In a majority of the cases, attorneys represent the husband and wife. In an increasing number of cases,...
Business valuation is the hottest growing niche market nationally among larger firms, according to a recent Accounting Today survey. Yet many smaller firms also are jumping...
Preparing a tax return can be an educational experience. As you gather your papers and look at the numbers, you get a look at the big picture through the peephole of your tax...
What is planned giving? “Integrated philanthropy,” says Marc Hoffman, the Editor-In-Chief of the Planned Giving Design Center (PGDC), an online resource for professional...
Healthcare is predicted to be one of the fastest growing industries in the United States over the next ten years, and the development will affect more than careers in medicine....
Small CPA firms face a challenge in today's competitive employment market. Quality accounting professionals are a hot commodity, and smaller firms often lose candidates to the...
Building a successful technology practice doesn't need to be intimidating, time consuming or costly for a CPA firm. In fact, with careful planning and analysis, the addition of...
Professional services: they're invisible, seemingly generic and weigh down the debit side of the client's ledger. Standard advertising claims -- "new and improved," "we beat...
Take a few moments and think of an exciting career. Maybe an occupation with changing surroundings, or the opportunity to be creative. A profession with more options and...
In the past, when it came to auditing small businesses, federal tax auditors often worked in the dark. Frequently, the auditor had little or no knowledge about the type of...
Every year, more than 100,000 accountants-to-be try their hand at the CPA Exam. They cannot bring anything to the 15½-hour, 2-day exam except a no. 2 pencil and all of the...
Over the past few years, many accountants have been a bit reluctant to use the Internet for business-related services. But as the American public becomes more and more "wired,"...
For CPAs, joining a professional accounting association is an excellent way to make the most out of a career in public accounting. The American Institute of CPAs (AICPA)...
It's almost that time again, when accountants begin to prepare for the busiest time of the year-tax season. Getting ready for the rush often includes hiring new staff members...
Auditor independence has become a major issue in today's accounting world. As large firms continue to merge and evolve into companies offering multiple services, the...