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• House Panel Exempts Small Companies from SOX Audits

  November 4, 2009

  The House Financial Services Committee voted to exempt small and midsized public companies from Sarbanes-Oxley audit requirements.

• Small Businesses Lost 75,000 Jobs in October

  November 4, 2009

  Businesses with less than 50 employees shed 75,000 private sector jobs in October, according to the latest monthly employment report from payroll giant ADP.

• Small COS. get final SOX 404 reprieve

  November 2, 2009

  But this is absolutely the last time, swears the SEC

• House Passes Small Business Financing Act

  October 30, 2009

  The House overwhelmingly approved legislation to reform small business lending and spur job creation.

• Obama Moves to Expand Small-Business Lending

  October 21, 2009

  President Barack Obama has announced a set of initiatives aimed at kick-starting the market for small-business loans.

• Intuit to Expand 401(k), Health Insurance Market

  October 21, 2009

  Intuit plans to expand its presence in the market for helping small businesses manage their 401(k) and health insurance benefits, even though many of its own customers do not offer such benefits.

• Majority of Small Businesses Plan No Raises

  October 9, 2009

  Seventy-seven percent of small business owners don’t plan to give raises in 2010, according to a new survey.

• A Primer to Help Small Business CFOs Navigate the Economy

  October 8, 2009

  Despite the major challenges the economy has posed for small businesses and their accountants, this difficult period may actually serve the profession well over the long term.

• Consumers, Small Businesses See Economy Improving

  October 5, 2009

  Fifty-two percent of consumers believe their financial prospects will improve over the next 12 months, and 61 percent of small business owners are expressing similar optimism about their businesses' potential growth, according to a new survey by Intuit’s Digital Insights division.

• IRS Extends Moratorium on Small Business Tax Shelter Penalties

  September 25, 2009

  The Internal Revenue Service has agreed to extend until the end of the year a grace period for collecting penalties from small businesses accused of engaging in certain types of tax shelters.

• On-Bill Financing Helps Small Business Cut Energy Costs

  September 16, 2009

  The National Small Business Association has released a report showing that small business collectively could reduce their greenhouse gas emissions by 259 million tons each year if they improved their energy efficiency by just 25 percent through a mechanism known as on-bill financing.

• House Passes Bill on TARP Spending and Small Business

  September 16, 2009

  The House has passed a bill to examine the impact of the bank bailout on lending to small businesses.

• Small Biz Owners Cautiously Optimistic on Economy

  September 15, 2009

  NFIB Poll Say Many 'Skeptically Optimistic'

• Small Biz Owners Cautiously Optimistic on Economy

  September 9, 2009

  Small business owners appear to be “skeptically optimistic” about the state of the economy, according to a new survey.

• Why Businesses Fail

  September 4, 2009

  Recognizing signs of failure - and strategies for avoiding it

• Small Businesses Lost 122,000 Jobs in August

  September 2, 2009

  Private sector employment fell by 298,000 in the U.S. last month, according to data from payroll giant ADP.

• Small Businesses Worry about Energy Tax Breaks

  August 26, 2009

  A House subcommittee heard from a panel of small business owners concerned about the disappearance of popular tax deductions at a hearing in Tulsa, Okla., during the congressional recess.

• Sole Proprietorships on the Rise

  August 26, 2009

  IRS data shows an increase in the number of sole proprietorships and S corporations in recent years.

• Many Small Business Owners Pay Employees Just to Show Up

  August 26, 2009

  Forty-one percent of small businesses pay their employees just to show up for work, hurting their profitability.

• Credit Card Debt Sinks Many Startups

  August 19, 2009

  A new study of the use of credit card debt to fund new businesses has found that reliance on this form of financing increases the likelihood that a new business will fail during its first three years of operation.

• PCFRC Eyes Global Standards for Small Business

  August 19, 2009

  Committee Takes Closer Look at Little GAAP

• Small Businesses Don't Expect Economy to Improve

  August 19, 2009

  SMB Owners Losing Confidence

• Small Businesses Don’t Expect Economy to Improve

  August 12, 2009

  Optimism among small-business owners has fallen for the second month in a row, according to a survey by the National Federation of Independent Business, mainly due to a decline in expectations that business conditions would improve in six months.

• PCFRC Eyes Global Standards for Small Business

  August 10, 2009

  The Private Company Financial Reporting Committee took a close look at the International Accounting Standards Board’s new “IFRS for SMEs” standards at its meeting last week.

• House Gauges Small Businesses’ Access to Capital

  August 7, 2009

  The House Small Business Committee heard testimony from small business owners about their ability to obtain SBA-backed financing.

• Intuit GoPayment Processes Credit Cards on iPhones

  August 5, 2009

  Intuit has introduced an application that lets small-business owners process credit card payments on an Apple iPhone or iPod Touch, and load the transactions into QuickBooks.

• Small Business Optimism Slips

  July 29, 2009

  June Results Stumble After Marginal Gains

• Grant Thornton Urges Retail Biz to Refinance

  July 29, 2009

  With back-to-school season fast approaching and the holiday shopping season not far behind, retail suppliers and other small to midsized businesses should take steps to develop refinancing strategies for their trade credit and other loans to ensure that they have adequate liquidity, according to Grant Thornton LLP’s Corporate Advisory and Restructuring Services.

• Small Business Optimism Slips

  July 15, 2009

  Optimism among small business owners about the economy fell last month, according to a new survey.

• NFIB Details SMB Credit Recommendations

  July 16, 2009

  Just follow these steps...

• Small Businesses Blame Economy for Losses

  July 9, 2009

  Forty-five percent of small-business owners in a new survey said their businesses are not profitable, while 60 percent blamed the economy as the main reason they are not profitable or as profitable as they could be.

• International Accounting Standards Issued for SMBs

  July 9, 2009

  The International Accounting Standards Board has published a stripped-down set of International Financial Reporting Standards aimed at small and midsized privately held businesses.

• IRS Suspends Some Small Biz Tax Shelter Penalties

  July 7, 2009

  Under pressure from Congress, the Internal Revenue Service has agreed to temporarily suspend until Sept. 30 its efforts to collect penalties for some listed tax shelter transactions.

• Private Sector Lost 473,000 Jobs in June

  July 1, 2009

  Private sector employment decreased by 473,000 last month, according to payroll figures from ADP, but the pace of job losses seems to be easing up compared to earlier in the year.

• Law Proposed to Ease Home Office Tax Deduction

  June 25, 2009

  Proposed legislation would make it easier for small businesses to qualify for the home office tax deduction.

• Report Finds Some Sources of Small Business Credit

  June 24, 2009

  There are still some sources of credit available to small businesses, though they may be hard to find, according to a new report.

• Intuit Picks Stimulus Grant Winners

  June 22, 2009

  Intuit has awarded grants of between $10,000 and $20,000 in value to 10 tax and accounting professionals.

• SBA Introduces New Small Business Loans

  June 17, 2009

  The Small Business Administration has begun offering interest-free loans of up to $35,000 to small businesses through SBA-approved lenders.

• Lawmakers Ask IRS to Ease Tax Shelter Penalties on Small Business

  June 16, 2009

  A bipartisan group of members of the House and Senate have written to IRS Commissioner Doug Shulman asking him to temporarily suspend the penalties on small businesses found using some questionable tax shelters.

• House Looks to Give Small Businesses More Access to Capital

  June 11, 2009

  The House Small Business Committee held hearings on expanding access to capital to small businesses suffering from the credit crisis.

• Finance Execs See Recession Lasting into 2010

  June 4, 2009

  Hope is Still a Year Away

• Outsourced Incorporation Services Offered to Firms

  May 27, 2009

  A Florida company has introduced an affiliate program that allows accounting firms and law practices to provide business incorporation services to clients if they don’t already have them.

• Checklist to Help Businesses Prepare for Rebound

  May 27, 2009

  Accounting and finance staffing company Robert Half Management Resources offered advice for companies to position themselves to take advantage of a future economic recovery.

• Bill Introduced to Restrict Small Business Contracting

  May 26, 2009

  Rep. Hank Johnson, D-Ga., has introduced a bill that would ensure that small business government contracts go only to small businesses instead of the subsidiaries of large companies.

• Private Sector Cut 491,000 Jobs in April

  May 6, 2009

  Payroll data released Tuesday showed that private sector employers slashed 491,000 jobs in April.

• Senior Financial Execs Foresee Long Recession

  April 13, 2009

  Grant Thornton study finds CFOs gloomy.

• Survey Says Finance Pros Still Want IFRS

  April 9, 2009

  Seventy-five percent of finance professionals support the movement toward a single set of high-quality global accounting standards, according to a new survey by Deloitte.

• PCAOB Plans Small Business Audit Forums

  April 7, 2009

  The Public Company Accounting Oversight Board has scheduled a series of forums around the country on auditing in the small business environment.

• Employees fuel green initiatives

  April 5, 2009

  'Going green" has evolved beyond a trendy catchphrase - it has paid financial dividends and has often helped bridge the generational gap at CPA firms.

• Protecting businesses from fraud

  April 5, 2009

  As the economy continues its downturn and the financial pressure on business increases, the risk of fraud becomes higher than ever.

• XBRL and document management: The perfect storm

  April 5, 2009

  How can companies turn the Securities and Exchange Commission's XBRL mandate into an opportunity? By implementing an XBRL-enhanced document management strategy as part of their internal corporate filing workflow, which will both boost compliance and save money.

• Employees fuel green initiatives - EXPANDED

  April 5, 2009

  "Going green" has evolved beyond a trendy catchphrase -- it has paid financial dividends and has often helped bridge the generational gap at CPA firms.

• Companies Foresee More Tax Audits

  April 6, 2009

  As governments desperately seek all kinds of additional revenue, senior business professionals see the increased possibility of an audit by taxing authorities as the most significant tax risk facing their organizations today, according to a new survey.

• Practical Accountant Ranks Top Regional Accounting Firms

  April 3, 2009

  Practical Accountant magazine has released its 16th annual survey of the top regional accounting firms across the U.S.

• Congress to IRS: Go Easy on Small Biz

  April 2, 2009

  Lawmakers at a congressional hearing Wednesday pressed Internal Revenue Service Commissioner Douglas Shulman to ease up on audits of small businesses.

• Outlook Dims for Recovery This Year

  March 31, 2009

• MARKETING MAGIC: Surveys Point to Tax, Consulting Opportunities

  March 31, 2009

  A survey of over 1,000 U.S. adults found that nearly 60 percent didn't know the difference between a tax credit and a tax deduction.

• The Dominant Players: 16th Annual Survey of Regional Firms

  March 31, 2009

  Among the top 121 regional firms scattered through eight sections of the country, almost two-thirds reported double-digit jumps in revenue, and about a third reported single-digit increases.

• NEW ENGLAND: A Culture of Teamwork, Success, and Results

  March 31, 2009

• NEW ENGLAND: Flexible and Growing

  March 31, 2009

  Amid higher-than-average regional unemployment, weaknesses in transportation services and home and retail sales, and reductions in manufacturing orders and falling leasing activity and rents, the top 15 firms in New England posted almost 11 percent growth, on average, in one of the harder-hit areas of the nation economically.

• SOUTHEAST: Winning at Federal Contracting

  March 31, 2009

• SOUTHEAST: Taking Action While Numbers Are Good

  March 31, 2009

• SOUTHWEST: New People, New Changes, Core Values

  March 31, 2009

• SOUTHWEST: Building Strong Numbers

  March 31, 2009

• NORTH CENTRAL: Thriving in the 'Best Business City in the World'

  March 31, 2009

• NORTH CENTRAL: Local Concentration, Global Goals

  March 31, 2009

• NORTHEAST: Big Regionals, Similar Issues

  March 31, 2009

• MIDWEST: Finding the Right Niches

  March 31, 2009

• MOUNTAIN: New Services, Hard Marketing

  March 31, 2009

• WEST: Growing Amid the Struggle

  March 31, 2009

• Top National Firms

  March 31, 2009

• NEW ENGLAND: Top 15 Firms

  March 31, 2009

• SOUTHEAST: Top 15 Firms

  March 31, 2009

• SOUTHWEST: Top 15 Firms

  March 31, 2009

• NORTH CENTRAL: Top 15 Firms

  March 31, 2009

• NORTHEAST: Top 15 Firms

  March 31, 2009

• MIDWEST: Top 15 Firms

  March 31, 2009

• MOUNTAIN: Top 15 Firms

  March 31, 2009

• WEST: Top 15 Firms

  March 31, 2009

• Execs Anticipate Major IFRS Transformation

  April 1, 2009

  CFOs at U.S. companies expect that the transition to International Financial Reporting Standards will give them the ability to transform their finance departments, according to a new survey, but the price tag could be high.

• Private Sector Lost 742,000 Jobs in March

  April 1, 2009

  Private sector employment declined by 742,000 jobs last month, according to the latest monthly report by payroll giant ADP.

• Top Managers Can Last Nine Months Unemployed

  March 30, 2009

  In the current recession, an extended period of unemployment for top managers no longer carries the stigma it previously did, as a recent survey of executives said that on average, a senior manager could be jobless for as long as nine months before their careers became adversely affected.

• GAO: SBA Program Fraught with Poor Controls, Abuse

  March 26, 2009

  A searing report from the Government Accountability Office has charged the Small Business Administration with poor controls and oversight that resulted in a number of companies receiving undeserved funds from a program designed to boost

• CFOs Optimism Wanes, Finance Execs Demand More from Boards

  March 26, 2009

  While confidence both in the U.S. economy and national leadership remains at low levels, many CFOs are taking action to protect their businesses, as 70 percent of financial executives surveyed revealed they are exploring strategies such as salary and benefits freezes and layoffs, while 58 percent have reported less confidence in President Barack Obama's ability to deal with the financial crisis since he took office.

• Survey: Recession Not Stopping Divestitures

  March 25, 2009

  Despite the economic slump, a high number of executives are continuing to pursue divestitures or carve-outs, according to a survey conducted by Deloitte Corporate Finance.

• Internal Auditors Weigh In on Financial Crisis

  March 25, 2009

  -- More than 40 percent of internal auditors within the financial services sector felt that better risk management practices could have helped prevent their organization's current financial situation, according to a just-released study from the Institute of Internal Auditors.

• Audit Committees Change Oversight

  March 24, 2009

  About 89 percent of the 150 audit committee members at a recent KPMG conference said that the financial crisis had caused their company's board or audit committee to change the nature and scope of its oversight.

• Internal Audit Teams Face Reduced Budgets

  March 19, 2009

  The economic crisis will force many companies to cut costs at their internal audit departments, according to a new study from PricewaterhouseCoopers.

• Small Businesses in Crisis Turn to Accountants

  March 19, 2009

  The economic crisis is prompting more and more small-business owners to turn to their accountants for advice, according to a new survey.

• Leisha John

  March 19, 2009

  Environmental sustainability director makes Ernst & Young a greener firm.

• Small business to face closer audit scrutiny

  March 15, 2009

  The nation's small businesses are squarely in Washington's crosshairs - targeted for more rigorous, more painful scrutiny by both federal tax enforcement officials and the nation's auditing standard-setters.

• Treasury Tries to Jumpstart Small-Business Lending

  March 16, 2009

  President Barack Obama and Treasury Secretary Timothy Geithner unveiled a new effort aimed at unlocking the tight credit market for small businesses.

• Intuit Says Small Biz Must Innovate

  March 16, 2009

  Intuit said that small businesses will need to innovate in order to succeed over the next decade, in a new report that is the first in a new series of research studies on the future of small business.

• Home Computer Tax Filings Spike 20 Percent

  March 13, 2009

  The Internal Revenue Service reported that taxpayers are electronically filing their federal tax returns in record numbers this year.

• IRS: 2008 Was a Big Year

  March 13, 2009

  The Internal Revenue Service released its 2008 IRS Data Book showing big increases last year in tax filings and revenue.

• CFOs Try to Boost Company Morale

  March 13, 2009

  Sixty-eight percent of CFOs have taken steps to boost employee morale in the midst of the economic crisis, according to a new survey, but 26 percent haven't done anything.

• Securities Settlements Down 50 Percent

  March 12, 2009

  The average settlement as a result of securities class-action litigation dropped more than 50 percent in 2008, to $31.2 million, according to a report from Cornerstone Research.

• Early Adoption of IFRS Appears Unlikely

  March 9, 2009

  Many financial executives in the U.S. have begun the initial stages of convergence with International Financial Reporting Standards at their companies, but early adoption in 2009 for qualifying companies will be difficult, if not impossible, due to the significant time requirements, according to a new report.

• IRS Sees Taxpayers Filing Earlier This Season

  March 6, 2009

  The Internal Revenue Service said that taxpayers are filing their taxes earlier and receiving larger refunds so far this year, citing early filing season statistics.

• Private Sector Loses 697,000 Jobs

  March 4, 2009

  Private sector employment decreased by nearly 700,000 in February, according to the latest report from payroll giant ADP.

• Invoicing Mistakes Threaten Cash Flow

  March 4, 2009

  The economic crisis is choking off cash flow at many companies, but invoicing problems are hurting cash flow too, according to a new study.

• Hiring Mostly Flat in Accounting Jobs

  March 3, 2009

  About 86 percent of CFOs report a desire to maintain their current staff levels in the next three months, but 2 percent predict decreases in accounting and finance personnel in the second quarter, according to a survey by staffing services company Robert Half International.

• These Ladies Are Savvy

  February 27, 2009

  Although admittedly many people look upon January 1st as the trigger-point for resolutions, an organization known as Savvy Ladies figures that April 15th is really the better date.

• More Taxpayers Expect to File Online This Season

  February 27, 2009

  Approximately 40 percent of online households plan to file their federal taxes via the Internet this year, up from less than 34 percent four years ago, according to a new report.

• Survey Favors IFRS Adoption

  February 23, 2009

  As the debate over adoption of International Financial Reporting Standards heats up in the U.S., KPMG has released a survey indicating support for IFRS among investors, analysts and corporate executives who prepare financial statements.

• Schenck Forms Financial Crisis Team

  February 20, 2009

  Regional accounting firm Schenck Business Solutions has created a Financial Crisis Response Team to help companies challenged by the recession.

• Outlook Dims for Recovery This Year

  February 19, 2009

  CFOs and senior-level executive CPAs see the domestic economic downturn as lasting longer than previously expected, according to a survey by the American Institute of CPAs and the University of North Carolina's Kenan-Flagler Business School.

• Businesses Not Ready for Government Investigations

  February 17, 2009

  Approximately 80 percent of companies are not ready for government or regulatory investigations, according to a new survey.

• Managers Look to Reduce Supply Chain Costs

  February 13, 2009

  Managers increasingly expect the supply chain to help them cut costs and improve performance, but the process needs to be balanced, according to a new report by Ernst & Young.

• Small Business Owners Can Get Free Tax Prep

  February 12, 2009

  Online bookkeeping service IAC-EZ is offering one month's free use of its online software and free tax filing for a few lucky small business entrepreneurs.

• Geithner Outlines Financial Stability Plan

  February 10, 2009

  Treasury Secretary Timothy Geithner spelled out plans for how the government will spend trillions of dollars to deal with unfreezing credit and taking troubled assets off the books of financial institutions.

• Online Bookkeeping Service Gets $2 Million in Funding

  February 10, 2009

  Outright.com, an online bookkeeping service aimed at self-employed small businesses, has snagged $2 million in seed funding.

• What Recession?

  February 9, 2009

  Millennials still believe the future is bright. According to a survey of 2,000 people conducted by Pepsi as part of the company's Optimism Project, 94 percent of Gen Yers feel optimistic about the future.

• Executives Concerned About Tax Rates

  February 6, 2009

  Corporate tax executives cited management of the effective tax rate and taxation of international operations as their top two business tax concerns in 2009, according to a new survey.

• 70 Is the New 65

  February 6, 2009

  Many Americans are planning to delay retirement, postpone vacations and reconsider buying or selling their homes as the result of the economy, according to a new survey by the American Institute of CPAs.

• DeLeon & Stang Acquires Falk

  February 5, 2009

  Accounting firm DeLeon & Stang has acquired Daniel G. Falk & Associates, expanding its service offerings.

• Payroll Report Shows 522,000 Jobs Lost in January

  February 4, 2009

  Private sector employers slashed 522,000 jobs last month, according to the latest report by payroll giant ADP.

• Firm Offers Turnaround Services to Small Businesses

  February 4, 2009

  Accounting firm Barfield Murphy Shank & Smith has formed a group to help restructure struggling small companies.

• IRS Sees Fewer Electronic Filings

  February 4, 2009

  The Internal Revenue Service has reported a nearly 10 percent drop in electronic tax filing from tax professionals so far this season, despite a push by the agency to encourage more e-filing.

• Small Business Owners Adjust to Economy

  February 4, 2009

  A survey of small business owners showed signs that some are less worried about the economy than they were three months ago.

• Companies Slash Pay

  February 3, 2009

  The majority of U.S. companies are making multiple adjustments in their pay and hiring programs for both executives and employees in response to the financial crisis, according to a new survey.

• Wiss Forms Economic Recovery Team

  February 2, 2009

  Accounting firm Wiss & Co. has created an economic advisory group to help business owners and executives deal with the recession.

• Executives Reluctant to Disclose Corruption

  February 2, 2009

  Many executives at global companies prefer to keep a lid on incidents of corruption uncovered in their organizations, according to a new survey.

• NASBA Studying 120-/150-Hour Merits

  February 1, 2009

• Surveys on the Economic Downtown

  February 1, 2009

• Help Small Businesses Create a Contingency Plan

  February 1, 2009

  Action is the best answer for small businesses caught in the current economy.

• Increased Regulation of Hedge Funds Expected

  February 1, 2009

  Over 98 percent of senior hedge fund managers surveyed expect increased regulation of the hedge fund industry.

• Web Tools

  February 1, 2009

• PCAOB Offers Guidance on Auditing Small Companies

  January 29, 2009

  The Public Company Accounting Oversight Board has published guidance to help auditors apply Auditing Standard No. 5 to audits of internal controls at smaller public companies.

• Open a new business? Now? Starting a business in a recession offers opportunities

  January 26, 2009

  Often, the monotony of punching a clock as someone else's employee leads to daydreams of starting a business and being your own boss. In rough economic times, those daydreams may never pass beyond imagination.

• CPAs mixed on economy

  January 26, 2009

• Firm Organizes Task Force for Troubled Economy

  January 23, 2009

  Accounting firm Wipfli has created a task force to help companies cope with the financial crisis.

• Geithner Quizzed on TARP and Taxes

  January 22, 2009

  Treasury Secretary-designate Timothy Geithner apologized for his tax mistakes and promised reforms of both tax policy and the controversial Troubled Assets Relief Program during a confirmation hearing.

• Finance Execs Expect Long Recession

  January 22, 2009

  An online survey of about 1,445 finance and technology professionals by Deloitte Financial Advisory Services found that 58.4 percent expect the recession to last for another two to three years.

• SEC Extends SOX Survey Deadline

  January 21, 2009

  The Securities and Exchange Commission's Office of Economic Analysis has extended the deadline to January 31 for public companies to participate in a Web-based survey about the costs and benefits of Section 404 of the Sarbanes-Oxley Act.

• Deloitte Sees Hope in Emerging Markets

  January 15, 2009

  Deloitte Touche Tohmatsu sees continuing problems for the global economy in the first quarter of 2009 in a new report, but predicts that companies can still find attractive opportunities in emerging nations in the years ahead.

• "New" Alternatives to Layoffs

  January 13, 2009

  Strategies that don't impact the quality of the client's services and/or products, nor cause a staff reduction.

• Majority of Americans Would Fail Tax Quiz

  January 13, 2009

  A survey of over 1,000 U.S. adults found that most of them could not answer basic tax questions.

• 2009 to Be Bellwether Year for Financial Reporting

  January 13, 2009

  Fitch Ratings predicts that 2009 will be a pivotal year for accounting, particularly in terms of fair value measurement and standards convergence.

• AICPA Sees Information Security as Top Issue

  January 13, 2009

  For the seventh year in a row, a survey by the American Institute of CPAs has ranked information security management as the most important technology issue for 2009.

• Executives Expect More Accounting Fraud

  January 9, 2009

  Nearly two-thirds of executives anticipate an increase in accounting fraud in the next two years, according to a recent poll by Deloitte.

• Kansas Enhances Small Business Site

  January 8, 2009

  The Kansas Small Business Development Center has launched an enhanced Web site.

• Small Business Lender in LA Receives $16 Million

  January 8, 2009

  Southern California lender Valley Economic Development Center said it has received a $16 million infusion after it almost ran out of money to lend to small businesses.

• SBA Expands Inner City Business Program

  January 8, 2009

  The U.S. Small Business Administration plans to expand its Emerging 200 initiative, which supports inner-city small businesses, to five more cities in the spring.

• Private Sector Cut 693,000 Jobs in December

  January 8, 2009

  Payroll-processing giant ADP reported that private sector employment fell by 693,000 in December.

• Israeli Accounting Firms Cut Salaries

  January 7, 2009

  Israel's fifth largest accounting firm, BDO Ziv Haft, has reportedly cut salaries across the board by 5 to 10 percent for all but the lowest paid employees.

• Securities Lawsuits Spiked in 2008

  January 7, 2009

  With 210 federal securities class-action lawsuits filed in 2008, the level of litigation last year was at its highest level since 2004, according to a new study.

• Change Agents Apply

  January 1, 2009

  In today's world, skill at being a change agent will probably become a prerequisite to becoming a modern managing partner.

• Firms Doing Well, But Downturn Might Loom: MAP Survey

  January 1, 2009

  Firms continue to do well, based on an analysis of the results of the 2008 PCPS/TSCPA National MAP Survey, maintaining the high levels of income and the billing rates that they enjoyed in the previous survey in 2006. But both the latest survey findings and the economy raise questions about the future economic landscape that CPA firms will be facing.

• Financial Statement Services make for Big Claims

  January 1, 2009

  Financial statement services, especially those involving audits, third-party creditors, and fraud, produce the largest claims in terms of total dollar amounts incurred (severity), according to a new report from insurer Camico.

Related Articles

• Small Businesses Lost 75,000 Jobs in October

• House Panel Exempts Small Companies from SOX Audits

• Small COS. get final SOX 404 reprieve

• House Passes Small Business Financing Act

• Obama Moves to Expand Small-Business Lending

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Editors' Picks

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  Full agenda at Council

  The road to IFRS, ongoing regulatory reform and sustainability headline AICPA confab

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  How to Be a Hero to Clients

  Barry Schimel, CPA, gave some thought-provoking tips on how to stay in clients’ good graces during a keynote address this morning at Thomson Reuters Tax & Accounting’s user conference in Orlando.

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  LAUNCHING A PRACTICE: Removing the Barriers to Entry

  CPAs are brilliantly positioned to become successful and profitable wealth managers, yet they often face barriers that, without proper planning, can keep them from taking the necessary steps to create an additional profit center.

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