Firms on the move: DHG Counts the Cans for annual food drive
Are you committed to being a better firm or just interested? If you don’t like change, you’ll like irrelevance even less.
New accountant directory offers signup incentives
ClientWhys, which provides marketing automation software as well as website building and branding services for accountants, has created a small business accounting marketplace called CountingWorks. It’s free to be listed, and for a limited time, accounting professionals who want a premium listing can get one for a discounted rate. CountingWorks is a resource for small […]
New Trump Foundation tax probe might complicate New York civil lawsuit
New York Governor Andrew Cuomo’s administration is investigating whether President Donald Trump’s charitable foundation violated state tax laws, said a person familiar with the probe. The investigation could complicate a separate civil lawsuit against the foundation if it results in a criminal referral to the New York attorney general’s office. The foundation could argue the […]
Firms giving back: Mazars holds fourth annual ‘Days of Service’
Mazars holds fourth annual Days of Service Top 100 Firm Mazars USA recently held its fourth annual Days of Service, which sees staff members spending a full workday assisting local service organizations. Part of the firm’s “We ARE Mazars” program, the Days of Service event encourages employees’ personal growth and development through “Association, Respect and […]
Product News: Excel4apps debuts Excel-based report app for FinancialForce
Excel4apps debuts Excel-based report app for FinancialForce Excel4apps has released a cloud-based, Excel-based reporting app for use with FinancialForce. The app, called Wands, comprises a general ledger portion for reporting of live FinancialForce accounting data via Excel; and Budget Wand, which allows direct uploads of budget data to FinancialForce from Excel. Like its predecessors for […]
IFAC teams with IBA on fighting global corruption
The International Federation of Accountants and the International Bar Association are partnering on an initiative to combat corruption, ahead of the gathering of global leaders at the G20 summit in Buenos Aires later this year. The two organizations have signed the IBA and IFAC Anti-Corruption Mandate to emphasize the role of business and government in […]
Streamlining the new fair value disclosure requirement
A new Financial Accounting Standards Board disclosure requirement makes several material changes to U.S. GAAP. New requirements for determining the fair value disclosure of financial institutions’ loan portfolios are among the revisions. (ASU) 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities, went into effect for financial statements […]
FASB tweaks leasing standard
The Financial Accounting Standards Board released a set of mostly minor revisions and technical corrections to the lease accounting standard. The Codification Improvement to Topic 842, Leases, affects only narrow aspects of the previous guidance. FASB didn’t create a Transition Resource Group on the leasing standard, as it did with the revenue recognition and credit […]
MPs grapple with changing firms and technology
A group of managing partners of three New York-area accounting firms discussed the challenges they are facing and some of the new trends during a meeting Thursday of the Accountants Club of America. One of the trends is artificial intelligence. “As a small firm, we’re just starting to look into AI and things of that […]
Are you committed to being a better firm or just interested?
Remember the old fable about the chicken and the pig? A pig and a chicken are walking down the road. The chicken says, “Hey, Pig, I was thinking we should open a restaurant!” The pig replies, “Hmm, maybe, what would we call it?” The chicken responds, “How about ham and eggs?” The pig thinks for […]
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