Accounting
Report: Lack of Summer Jobs for Teens Can Lead to Increased Violence
A new report's projection of continued high unemployment among teenagers, and the threat of cuts in funding for summer youth employment programs could be an early indicator of escalating violence in urban America's toughest neighborhoods.
Deloitte Named Top Global Consulting Firm by Gartner
The worldwide consulting service market grew 6.1 percent to $125.2 billion in 2014 from $118.1 billion in 2013. The top 10 consulting service providers combined grew at a fast pace of 6.8 percent compared with the overall market.
Understanding the Lending Market for Small Businesses
While the lending market has evolved, the basic need for working capital remains the same. According to the U.S. Small Business Administration, there are 23 million small businesses in America—accounting for 54 percent of all U.S. sales.
AICPA Asks Congress to Amend ACA to Exempt Some Health Reimbursement Arrangements
A health reimbursement arrangement (HRA) is an employer-funded arrangement that reimburses an employee for medical care expenses, including premiums for health coverage, incurred by an employee, on behalf of the employee’s spouse, dependents, and any othe
CFOs Say Data Deficit Makes Their Job Tougher, More Error Prone
The research reveals that an inability to access the right financial information is having a direct impact on business performance and CFOs’ reputations. 45 percent say poor data hampers timely decision making, and inaccurate information causes mistakes.
8 Good Reasons Why Every Accounting Firm Should Survey Their Clients
There are a few common questions to consider when it comes to building, executing and analyzing surveys. I will address them below. Feel free to send me a note if you need some help or have questions about surveying your client base.
Illinois CPA Society Announces Recipients of Accounting Scholarshps
The Illinois CPA Society has awarded $60,000 in scholarships to 31 accounting students as part of the Society’s Accounting Scholarship Program funded by the CPA Endowment Fund of Illinois.
Accounting Firm Partner Compensation: The Importance of Ownership Percentage
Taken to extremes, ownership percentage can be used to drive all of the “big 4” partner issues: partner income allocation, partner buy-in, partner buyout and voting. At many firms, ownership percentage may not be the sole driver of these partner ...