Accounting
Tax Angles to U.S. Series EE Savings Bonds
For investors looking for safety and a definitive return on their money, U.S. Savings Bonds are a tried-and-true option. Although they aren’t as glamorous as many other investments, you know exactly what you’re getting. Plus, you have more tax leeway ...
Oracle and AICPA & CIMA Team Up to Tackle the Technology Skills Gap in Finance
As businesses navigated recent market disruptions, finance teams rapidly embraced cloud technology that would help drive critical business decisions. However, only 10 percent of finance leaders believe their teams have the full complement of technology...
CPA Endowment Fund of Illinois Appoints 2022-2023 Board of Directors
The CPA Endowment Fund of Illinois, the charitable partner of the Illinois CPA Society, has announced its Board of Directors to serve April 1, 2022, to March 31, 2023.
Diversity Hiring of Graduates into the Accounting Profession is Increasing: AICPA Trends Report
The diversity of graduates hired into accounting and finance functions of U.S. CPA firms is on the rise with an increase of almost five percentage points from 30.1 percent in 2018 to 34.8 percent in 2020, according to the “2021 Trends: a report on ...
5 Benefits to Moving Your Clients From QuickBooks Desktop to QuickBooks Online—and a Special Offer not to be Missed
Serve your clients in productive ways, get more business, and free up your time to focus on improving your firm. Who wouldn’t want this for their business?
New Accounting Standards Align Hedge Accounting with Risk Management
The ASU expands the current single-layer method to allow multiple hedged layers of a single closed portfolio under the method. To reflect that expansion, the last-of-layer method is renamed the portfolio layer method.
New Rules Aimed at Enhancing Disclosures and Investor Protection for SPACS and Shell Companies
"To enhance disclosure and investor protection in initial public offerings by special purpose acquisition companies (SPACs) and in business combination transactions involving shell companies, such as SPACs, and private operating companies."
Employee Theft Is a Risk for Every Business: Here Are 12 Tips for Preventing It.
All business owners want to believe that the people they hire, entrust to do work for them, and pay would never betray them, the company, or their coworkers by stealing from the business. Unfortunately, the statistics say otherwise.