January 2018 - Accounting Software News

Uncertainty at IRS Mirrors Longstanding Tension about Payroll Withholding

2018-01-11 - by Deanna Fletcher

A lot of payroll accountants have been impatiently waiting for the IRS to update their tax tables for the purposes of payroll withholding and calculating employees’ paychecks. As a consequence …

New business challenges call for CPAs to take on new roles 2019-09-11
Many factors have contributed to vast changes in the corporate reporting landscape in recent years. These include accounting standards changes such as revenue recognition, leases, and credit losses. However, it’s widely recognized that financial statements and financial information alone may not tell the whole story when evaluating businesses. What do... Related StoriesDeveloping a resilient staff who’s […]
Guest Blogger
Developing a resilient staff who’s ready for anything 2019-09-05
Five years ago, could you have predicted the challenges you and your team would face in 2019? And if you had a crystal ball, what challenges would you see approaching over the next five years? The AICPA’s Private Companies Practice Section (PCPS) team asked firms of all sizes to predict... Related StoriesFind value in what you […]
AICPA Communications
3 signs your client’s investments aren’t tax friendly 2019-08-30
You know a lot about your tax clients — their jobs, their kids’ names, what kind of cars they drive — and you know even more about their finances. Most of the time, your clients are happy to share their complete financial lives with you. But, occasionally, when delving into... Related StoriesWhat the current political environment […]
Guest Blogger
What the current political environment means for CPAs 2019-08-20
Ron Elving is a senior editor and correspondent for NPR’s Washington Desk. Ron delivered the keynote address at this year’s AICPA Governmental Accounting and Auditing Conference. We sat down with him to get his insights on what’s going on in Washington and how it affects CPAs. What would you say... Related Stories3 signs your client’s investments […]
Guest Blogger
4 strategies to attract and retain female talent at your firm 2019-08-14
Did you know one in five women say they’re the only woman in the room at work? If you’re like me, unfortunately, you’re not too surprised by this information. Professions like finance & accounting and tech spaces have been known to have a harder time attracting and retaining female talent.... Related StoriesDeveloping a resilient staff who’s […]
AICPA Communications
3 steps to prep for the new EBP audit standard 2019-08-09
Last month, we issued a new statement on auditing standards (SAS) for employee benefit plan audits, Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA. The SAS is designed to make the auditor’s report easier to understand and more relevant, leading to improved EBP... Related Stories5 things you need to […]
Guest Blogger
8 cybersecurity resources you literally need right now 2019-07-31
Suffice to say, it’s not been a good week for the 5th largest U.S. credit card issuer. This week, Capital One was hacked in what’s being called one of the largest data breaches in history. A lone hacker gained access to more than 100 million American and Canadian customer accounts... Related StoriesThree things your firm needs […]
AICPA Communications
4 ways to get your firm beach-ready this summer 2019-07-25
The coming of summer means longer, lazier days filled with outdoor fun. But once we’ve packed away the thick wool and sleek leather jackets that defined our winter existence, we’re often faced with an unpleasant truth: months of indoor living have left us feeling unprepared for outdoor activities like beach... Related StoriesDeveloping a resilient staff who’s […]
AICPA Communications
5 principles for evolving CPA licensure 2019-07-24
What does the CPA of the future look like? Does that person need the same skills and competencies CPA licensure requires today—or should changes be made to expand the pipeline of talent the profession needs for the future? As technology continues to change the services we perform and the way... Related Stories3 steps to prep for […]
Susan S. Coffey, CPA, CGMA
3 tips to help your clients with revenue recognition implementation 2019-07-23
Summertime is finally here! But before you hit the beach, head to your clients’ offices and make sure they are ready to adopt the Financial Accounting Standards Board’s (FASB) accounting standard on revenue recognition, issued as FASB ASU 2014-09 with subsequent amendments. Public companies adopted the new guidance in 2018,... Related StoriesDeveloping a resilient staff who’s […]
Guest Blogger