July 10, 2014
PCAOB Settles Suit Against Former Big 4 Accountant
Alleged violations involved ignoring or failing to properly address signs of improperly recognized revenue in significant unusual transactions.
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies. Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran. Email: isaac.obannon - @ - cpapracticeadvisor.com
July 10, 2014
Alleged violations involved ignoring or failing to properly address signs of improperly recognized revenue in significant unusual transactions.
July 2, 2014
After evaluating accounting firms across the country on a variety of aspects including firm culture and partnership opportunity, the MOVE Project has released its fifth annual rankings of the best firms for female professionals. The MOVE Project is sponsored by the Accounting & Financial Women’s Alliance.
July 2, 2014
Increases in small business lending, new business formations and a leading microcap index suggest that the small business economy is continuing to see modest growth, according to the latest SB Authority Index from Newtek Business Services.
July 2, 2014
Americans love their beer and the booming brewery market is the proof. The number of U.S. breweries more than doubled between 2007 and 2012, from 398 to 869, according to new data from the U.S. Census Bureau.
July 1, 2014
The New York-based accounting and consulting firm CohnReznick was recently named one of the best firms for female professionals. The recognition was made by the Accounting & Financial Women’s Alliance and the American Woman's Society of Certified Public Accountants.
July 1, 2014
The Internal Revenue Service announced on Tuesday that Individual Taxpayer Identification Numbers (ITINs) will expire if not used on a federal income tax return for five consecutive years. The IRS will not begin deactivating ITINs until 2016, however.
July 1, 2014
GoDaddy, best-known for its website tools and hosting services, has added to its new small business suite with the launch of Get Paid, which designed to help small businesses ‘get paid’ anytime, anywhere, and by any digital method.
July 1, 2014
When lawsuits involving business valuation arise, both sides usually hire a valuation expert. Not surprisingly, the two opposing experts offer very disparate opinions as to the value of the subject company.
July 1, 2014
Small charities have a new, simpler process for applying for tax-exempt status. The Internal Revenue Service has introduced Form 1023-EZ, a shorter application form to help small charities apply for 501(c)(3) recognition.
July 1, 2014
Americans gave more to charities over the past three months than they did during the same period last year, according to the Blackbaud Index, which tracks charitable giving.
July 1, 2014
When people think of heat stress or exhaustion, they normally think of how it might affect them while working outside or enjoying outdoor summer pastimes. However, even indoor workers can be affected.
July 1, 2014
Good news first: The Paychex / IHS national small business jobs growth index remains near record highs, as Washington state leads and Arizona shows strong improvement. Dallas ranked as June’s top performing metro area, surpassing San Francisco, Seattle, and Houston.