Financial reporting

Marketing and business development aren't the same thing at all

A roundup of news from the profession from the previous month

If you're still a linkedin skeptic, or are just gathering connections and going no further, you're letting a powerful tool slip through your fingers.

Client newsletters are the most widely used, often abused, and hotly debated marketing tactic for CPA firms of any size. Here are three highly subjective myths and realities to help your firm determine whether it's a worthwhile tool, or how to improve your current newsletter.

The long evolution of the DMS reaches a new stage

A roundup of tax news from the previous month

As they continue to seek new sources of revenue to deal with tight budgets, states are looking to expand their nexus with taxable activities, according to a recent comprehensive survey.

A roundup of technology news from the previous month

New and comparatively affordable business intelligence tools are allowing firms of all sizes that regularly work with financial data to, quite simply, do more with the information they have.

A roundup of reseller-related news from the previous month

Big Four firm leads among national firms with seven net new clients

Audit and attest news from the previous month

The Financial Accounting Standards Board responded to a post-implementation review of its accounting standard for business combinations by saying that it would consider the findings of the report, along with an upcoming post-implementation review of its fair value measurement standards, and may make changes once the International Accounting Standards Board concludes its own post-implementation review of the corresponding International Financial Reporting Standards.

Research series, FASB conducting field study, Best Places to Work and more…

The profession expects no growth in the next few months, according to the May edition of Accounting Today’s monthly Accountants Confidence Index.

The Securities and Exchange Commission is reportedly preparing to turn its attention to accounting fraud cases after being diverted in recent years to Ponzi schemes and subprime mortgage fraud in the wake of the financial crisis.

A new academic study argues that proposed changes in fair value measurement by the Financial Accounting Standards Board would make it harder to assess the financial soundness of banks, and it’s co-authored by a member of the FASB board.

Robert Herz, the former chairman of the Financial Accounting Standards Board, discusses his new book, "Accounting Changes," including the lessons learned from the financial crisis, the reasons behind his sudden retirement from FASB, the many roles he has been filling since he left FASB, along his accomplishments (and a few regrets) from his time at FASB.

The American Institute of CPAs has introduced a new certificate program for accounting firms expanding their financial forensics practice.

Former Financial Accounting Standards Board chairman Robert Herz discusses his new book, "Accounting Changes," along with where he sees FASB and the IASB's convergence effort going, his experience at Coopers & Lybrand with structuring transactions, and how "Bad Bob" went from being a "poacher" to a "gamekeeper" to a standard-setter.