A climate and tax bill could give a lot of power to an organization called the Financial Accounting Standards Board.
The Institute of Management Accountants is seeing signs of a lax attitude toward ethics developing in recent years as more people work from home and are tempted to cut corners on their expenses and juggle busy schedules that mix personal and professional responsibilities. “What some people may call a work
Most business leaders are aware of the current state of the market. High inflation, trade barriers, geopolitical risks, and labor shortages have pinned executives’ attention on the supply chain. These leaders want their organizations to develop or redesign supply chains to withstand global disruptions more effectively and efficiently. But the
If you’re a CPA and your property-owning clients are asking you how they should prepare for a cost segregation study, this article will guide you and your clients through the process. To review, cost segregation is an accounting technique based on the idea of depreciation. As a building ages, it loses
To help prepare your firm for the great migration, here are the major pitfalls of migrating to cloud computing and suggestions as to when you should pull in an expert for assistance. The benefits show themselves everywhere, from monthly overhead savings to proactive disaster recovery planning that could keep thousands
The California Society of CPAs named Tayiika Dennis, a principal at Top 100 Firm CliftonLarsonAllen in Los Angeles, as the new chair of the CalCPA board of directors, during the society’s annual members’ business meeting, while Adam Blitz, founder of Streamline CPA Accountancy Corp. in Fresno, was appointed chair of
The pandemic shifted the way accounting firms seek out employees. Before it started, we had ten fully remote employees. These staff members had started their careers with the firm; we knew them really well even before they became remote employees. When COVID-19 happened, we shifted our mindset and quickly started
With the economy posting two consecutive quarters of declining gross domestic product numbers, recession worries have deepened, and firms are counseling their clients about how to cope with surging inflation, labor shortages and tight supply chains. EY Americas Consulting vice chair Raj Sharma, a 25-year veteran of commercial and financial
You may not think of it this way, but you spend a lot of time evaluating the value of items and services. Whether you shop at traditional brick-and-mortar retail stores or online, you’re selecting items and determining if they’re worth the price on a weekly—if not daily—basis. Some items may
Business is all about relationships. When you work with clients, you get to know them on a business and a personal level. You might ask how their family is doing or about their recent vacation, and you may genuinely like the person. However, there will likely come a time when
