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Latest blogosphere posts tagged “macpa”
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Tipping point arrives for private co. standards
CPA Success —
Authority: 420
After hitting a few roadblocks, potholes and caution signs earlier this year, IFRS is back in the express lane . In the last few weeks alone, weve seen SEC Chief Accountant James Kroeker promise additional clarity on the SECs IFRS roadmap , the IASB and FASB renew their commitment to hitting their convergence ...1 day ago -
New math: Risk management + strategy = strength
CPA Success —
Authority: 420
The corporate battlefield is littered with little risk bombs these days, isnt it? New regulation , data protection , network security , economic recovery ... its a mine field out there, and every step brings considerable risk. If you plan your route and know what to look for, though, mitigating that risk gets ...4 days ago -
Eight best practice tips CFOs cant live without
CPA Success —
Authority: 420
"You cannot predict the future, but you can create the future." -- Peter Drucker These essential best practices for CFOs come from Cynthia Jamison (Tatum LLC), writing for the AICPA Insider in her article titled, "Planning During Uncertain Times." Here are her eight tips for savvy CFOs: Formulate ...5 days ago -
Celebrating our history and our historians!
CPA Success —
Authority: 420
"If you would understand anything, observe its beginning and its development." - Aristotle How many of us know the history of our Profession? Last Friday we had the opportunity to recognize a few of Marylands leading accounting educators for their service to the CPA Profession above and beyond their ...1 week ago -
FTC delays enforcement deadline for Red Flags Rule
CPA Success —
Authority: 420
If you and your business are scrambling to meet the Nov. 1, 2009 deadline to comply with the Federal Trade Commissions "Red Flags Rule," relax. Youve got a little more breathing room. At the request of Congress, the FTC is delaying the enforcement deadline for the Red Flags Rule until June 1, 2010. The FTC ...1 week ago -
FTC delays enforcement deadline for Red Flags Rule
CPA Success —
Authority: 420
If you and your business are scrambling to meet the Nov. 1, 2009 deadline to comply with the Federal Trade Commissions "Red Flags Rule," relax. Youve got a little more breathing room. At the request of Congress, the FTC is delaying the enforcement deadline for the Red Flags Rule until June 1, 2010. The FTC ...1 week ago -
The key to recovery? Make em laugh
CPA Success —
Authority: 420
Theres a charming Halloween tradition in St. Louis unlike any other Ive come across. When St. Louis kids come to your door on Oct. 31, theyre expected to tell you a joke before they get any candy. Younger kids usually stick with something simple like, "Why did the chicken cross the playground? (Answer: "To get to ...1 week ago -
Is it time to pay attention to social media?
CPA Success —
Authority: 420
I know you are not looking for one more thing to add to your plate, but this could be an investment that can save you time and help you or your firm or company actually make money. How, you ask? Getting you found via SEO (thats search engine optimization). Getting you noticed: Clients and prospects will ...1 week ago -
New FAQs examine IFRS for small, mid-size companies
CPA Success —
Authority: 420
IFRS is hot again, and public companies arent the only ones getting in on the act. Equally hot of late is IFRS for Small and Medium-Size Entities , a 230-page standard from the International Accounting Standards Board designed to meet the reporting needs of smaller businesses. Released in July 2009, IFRS for SMEs ...1 week ago -
Protect your data ... or pay the price
CPA Success —
Authority: 420
We took a closer look recently at the Federal Trade Commissions "Red Flag Rule," which requires many businesses to enact plans to, in the FTCs words, "detect the warning signs –- or red flags –- of identity theft in their day-to-day operations." When it comes to privacy protection, though, thats just the ...1 week ago -
Self-study CPE: No more limits
CPA Success —
Authority: 420
Marylands State Board of Public Accountancy has spoken, and heres its verdict: CPE equals CPE. Under new State Board regulations , self-study program credits are now calculated in the same way as classroom credits, thus removing the limitations formerly imposed on self-study. This means self-study credits are ...2 weeks ago -
Hot college courses? Make room for personal finance
CPA Success —
Authority: 420
Every college has one. Im talking about that one course thats so quirky and popular that almost nobody gets to actually take it. Once those precious few seats are filled and registration closes, the course almost becomes an urban legend. We all know someone who has a friend whose roommate took the course, and ...2 weeks ago -
Identity theft: Do you know the red flags?
CPA Success —
Authority: 420
Its time to get serious about identify theft. Thats the take of the Federal Trade Commission , anyway. The FTC has implemented whats commonly know as the "Red Flag Rule." The rule requires many businesses -- and yes, for the time being, that includes CPA firms -- to enact policies that will, in the FTCs own words ...2 weeks ago -
Debate over outdated tax system on horizon
CPA Success —
Authority: 420
If you thought the fireworks over health care reform have been fun, youll probably love the coming debate over tax reform. To me, the issues are remarkably similar: Everyone agrees that changes are needed, but nobody agrees on which changes to make. Cue the partisan lightshow. Word is that lawmakers could start ...3 weeks ago -
Roth IRA conversion: Everyone into the pool!
CPA Success —
Authority: 420
Heads up, financial planners: Youve got more than a hangover to look forward to on New Years Day. Jan. 1, 2010 will bring with it new rules that will govern who is eligible to convert their retirement assets to Roth IRAs. And what, precisely, is a Roth IRA? Heres what the IRS has to say : Unlike a traditional ...3 weeks ago -
As flu spreads, so does advice for how to cope
CPA Success —
Authority: 420
We all know the H1N1 drill by now: Wash your hands, cough into your sleeve, wash your hands, stay home if youre sick, wash your hands, use hand sanitizers. Oh, and be sure to wash your hands. Weve heard it before and well undoubtedly hear it again before the storm passes ... and with good reason . And while I ...3 weeks ago -
Why (and what) you need to know about IFRS for SMEs
CPA Success —
Authority: 420
Remember Captain Hook from Peter Pan? Mister Smee was Hooks right-hand man and a rather humorous and good-natured pirate (as pirates go). Can the new IFRS for SMEs (small-medium enterprise edition) be your "right-hand man?" Standing at only 238 pages (yep, that is the full set of standards), SME could be the ...4 weeks ago -
PCAOB to chime in on fair value reviews
CPA Success —
Authority: 420
Fair value returns. OK, lets face it: It never really went away. This particular bone of economic contention last surfaced in late August and early September, when the Financial Accounting Standards Board proposed an update to accounting standards that was meant to improve disclosures about fair value ...4 weeks ago -
Six things accounting students want from employers
CPA Success —
Authority: 420
The top six things students want from their employers as they enter the workforce: Mentoring with senior people in your organization. An understand the big picture and why they are doing things. A career pathway or road map: What are the rules of the game and what do they need to do to get promoted? Flexibility ...4 weeks ago -
Help us win a major award!
CPA Success —
Authority: 420
No, not this kind of major award. Im talking about a "Mobbie." Thats award-speak for "Marylands Outstanding Blogs," and CPA Success has been nominated in the "Business and Technology" category. (Our thanks to whoever who nominated us, by the way. Much appreciated!) It is, as they say, an honor just to be ...5 weeks ago