Below please find daily updates pertaining to the latest in financial, business, and tax news:
So You're Thinking of Joining a LinkedIn Group: 10 or so Tips for Getting the Most Out of the LinkedIn Group Experience
Posted: Mon Jun 17 14:33:58 PDT 2013Event Date: July 31, 2013Participating in Groups on LinkedIn is a great way to network with your peers and build your client and customer base. In this informative session, you'll learn how to choose a group to join, how to join, what to do once you've joined, how to create your own group, and what to do with a group you have created. Learn how people are using LinkedIn groups as a gateway to b...
Partner Succession - It's All about Client Transition and Retention
Posted: Mon Jun 17 11:55:18 PDT 2013CPA firms are wrestling their way through partner retirements and the accompanying succession issues in numbers that the profession has never seen before. It's the baby boomer bubble, up close and personal. ...
Sinbad's Mountain of Tax Debt: It Ain't So Funny
Posted: Mon Jun 17 11:36:23 PDT 2013For comedian Sinbad, life hasn't been all that fun for the last several years. Right now he's in debt to the tune of nearly $11 million. Of this amount, more than $8 million is owed to the IRS and another $2.3 million to the state of California. ...
FASB Approves Deferral on Certain Benefit Plan Disclosures
Posted: Mon Jun 17 10:33:16 PDT 2013The FASB voted on June 12 to indefinitely defer certain disclosures about investments held by a nonpublic employee benefit plan in its plan sponsor's own nonpublic equity securities....
Faith Evans' Tax Mess: More Blues than Rhythm
Posted: Mon Jun 17 10:16:02 PDT 2013It sounds like small potatoes compared to other celebrities in tax trouble, but it's bad enough to pump up the blues for rhythm and blues singer Faith Evans. Evans is into the state of California for $29,535.48 relating to her 2011 income....
Company Announcements: Week of June 17, 2013
Posted: Mon Jun 17 06:56:12 PDT 2013Following is the latest roundup of community news for the week of June 17, 2013. ...
NASBA Advises Private Companies Not to Use AICPA Framework
Posted: Fri Jun 14 09:23:27 PDT 2013Stating that it would "significantly weaken the financial reporting of private companies," NASBA is recommending to privately held businesses that they not use the FRF for SMEs that was introduced by the AICPA June 10....
Improving the Integrity of Excel's SUM Function
Posted: Thu Jun 13 10:57:57 PDT 2013My unscientific observation is that the SUM function is the most widely used function within Excel spreadsheets. This function makes it easy to add up multiple cells at once without laboriously adding multiple cells together individually....
Crime Watch: June 13, 2013
Posted: Thu Jun 13 09:49:06 PDT 2013Melvin Mooring, a Gainesville, Virginia, accountant, was sentenced to six years in federal prison for stealing $3.3 million from the company where he served as the chief financial officer. He had pleaded guilty to wire fraud and tax evasion charges in March. ...
5 Tips & Tricks for Reviewers
Posted: Thu Jun 13 09:38:25 PDT 2013Event Date: July 11, 2013 OnlyWhen an audit review is seamless and pain free, the Reviewer?s life becomes so much easier! Join us to learn:New perspectives around getting through the audit review in the fieldBest practices designed to give the Reviewer the most valueTools that help to automate the process ...
