April 2018 - Accounting Software News

The Case for Cloud-Based Accounting Software

2018-04-172018-11-14 - by Deanna Fletcher

Whether we like it or not, cloud technology is here to stay. Not only is it changing the landscape of IT and recreational data-sharing, but it is redefining a new …

8 things to know about the audit evidence standard 2020-08-05
As we were finalizing Statement on Auditing Standards No. 142, COVID-19 arrived and caused major disruptions to the country’s economy, including changing the ways auditors were working. Automated tools and techniques — like conducting remote observation using cameras or drones — became necessary to perform certain audit procedures, such as... Related StoriesKey risks when auditing a […]
Guest Blogger
CPA licensure: one step closer to change 2020-07-30
You may be familiar with CPA Evolution, a joint initiative of the National Association of State Boards of Accountancy (NASBA) and the AICPA that we’ve been discussing for more than a year. In May, I wrote about the AICPA Council voting in support of advancing CPA Evolution. On July 24,... Related StoriesReflect on morale and team […]
Susan S. Coffey, CPA, CGMA
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Across the country, CPA firms are deciding when best to reopen their offices, knowing employees are integral to the success. Here are solutions for maintaining employee morale and team spirit while ensuring a good flow of communication between staff and clients. Address key concerns. Given an uncertain economy and rising... Related Stories5 reasons borrowers shouldn’t rush […]
AICPA Communications
Pandemic teleworking causes state tax withholding issues 2020-07-23
A half-century ago, tax withholding was one of the simpler issues for taxpayers and practitioners. A more mobile society makes state tax withholding more complicated today given the ease of conducting cross-jurisdictional business and the increase in teleworking or remote work arrangements. Meanwhile, the web of inconsistent state and local... Related StoriesJuly 15 Filing Date — […]
Eileen Sherr, CPA, M.T.
Key risks when auditing a not-for-profit during the pandemic 2020-07-22
While COVID-19 has cast a cloud of uncertainty over not-for-profit organizations, there is one fact we can all hang our hats on: How we audit a not-for-profit now should look completely different than it did a year ago, a month ago, or even a few weeks ago. As auditors, we’ve... Related Stories8 things to know about […]
AICPA Communications
3 A&A tech tips for today’s virtual firm 2020-07-17
With COVID-19 changing everyone’s world, firms must develop new ways to work internally and with clients. If you are used to going over the audit report with clients in the office, what’s your plan? If your audit team usually conducts the audit at the client’s office, what’s your plan? Fortunately,... Related Stories8 things to know about […]
Guest Blogger
5 reasons borrowers shouldn’t rush their PPP forgiveness applications 2020-07-14
This blog post explains why borrowers shouldn’t rush their PPP loan forgiveness applications. Please share with clients who participated in the program. Borrowers who received Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act are asking their CPAs if and how they will qualify... Related StoriesReflect on morale and team […]
AICPA Communications
Help small business clients recover through customer retention 2020-07-13
Many small businesses are struggling because of the unprecedented effects of the coronavirus pandemic on the economy. As a CPA, your guidance is critical to help small business clients navigate these current challenges and enable successes. One of the most valuable factors in a business’s long-term vitality is customer retention.... Related StoriesReflect on morale and team […]
AICPA Communications
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AICPA Communications
5 skills finance professionals need right now 2020-07-07
Even before the current crisis, digital transformation and new ways of working were significantly influencing the skills and capabilities finance teams need. The coronavirus pandemic has accelerated that need as people and businesses now seek digital experiences and solutions more than ever. Recently at the Interactive Solution and Key Initiative... Related StoriesA shark’s advice for building […]
AICPA Communications