News

Filter by Category:

  • Exceptional Performance Management Systems are an Exception

    March 25, 2019

    Quite naturally, many organizations over-rate the quality of their enterprise and corporate performance management (EPM/CPM) practices and systems. In reality they lack comprehensiveness and integration. For example, when you ask executives how well they measure and report either costs or non-financial performance measures, most proudly boast they are very good. This conflicts with surveys where anonymous replies from mid-level managers candidly score them as “needs much improvement.”

  • Be Prepared: Yellow Book Redlines are Here

    March 18, 2019

    In July 2018, the U.S. Government Accountability Office (GAO) issued Government Auditing Standards, 2018 Revision (GAO-18-568G). Government Auditing Standards go by several names, including Yellow Book, Generally Accepted Government Auditing Standards (GAGAS) and Government Auditing Standards (GAS). While there were many changes proposed in the exposure draft, the final 2018 revision did not end up including many of the proposals.

  • Reinventing the Finance Role

    March 18, 2019

  • Cash versus accrual - What's right for you?

    March 11, 2019

    It is important to pay attention to the special accounting method simplifications found in the Tax Cuts and Jobs Act, Section 13012.

  • Age and professionalism: Things you can do to combat being perceived as “too young”

    March 11, 2019

    In one form or another, each of us has heard of age discrimination, generally on the older side. But what about on the younger side? What if you excelled and ended up exceeding expectations in a management position or high-level role at a young age? Speaking from experience, I started working young, aged quickly in my teenage years, then seemed to stop aging around the time I hit 23 or 24. There is nothing more aggravating that being talked down to if you have as much or more experience as the person speaking, or having your ideas ignored. Here are seven ways you can help offset any initial perceptions of being too young.

  • U.S. v. Marc Berger A Cautionary Tale for Return Preparers

    March 4, 2019

    Written by Sharon L. McCarthy, JD, is a partner at Kostelanetz & Fink, LLP, New York, N.Y.

  • 6 funny TV shows that do taxes better than you do

    February 11, 2019

    Busy season is a stressful time for everyone. What better way to blow off steam than to watch "The Simpsons" and feel thankful you're not Homer?

  • Evolving tech could mean evolving the CPA license

    January 18, 2019

    We have a huge opportunity to shape our future: who we are, how we work and the value we can provide to the public, clients and employers. I’m excited to see how we come together to keep the CPA profession strong. Susan S. Coffey, CPA, CGMA, EVP - Public Practice, Association of International Certified Professional Accountants

  • Did You Know Video

    May 22, 2018

    Interesting facts about Digital World and Information Technology (IT) evolution and the changes in society.

  • 5 Steps to Prevent Complex Inventory Frauds

    April 27, 2018

    Fraudsters are becoming increasingly creative. Here's how SMEs in the manufacturing sector can guard against losses.