Firm Management

Professionals who participate in social media, and certainly most accountants I know, want to measure what they’re doing, in order to know if they should increase or decrease the time they spend on non-billable activities. Seldom do I find anyone who tweets or networks with colleagues on LinkedIn just because it takes up valuable time the accountant could be spending building business in other ways.

David Cranford, CPA, a 25-year veteran in health care finances, has become a principal in the Decosimo accounting firm specializing in health care.

The Illinois CPA Society recently awarded several individuals with its Excel Awards, which honor outstanding achievement on the 2013 CPA Exam. The Excel Award, established in 1984 by the Society's Board of Directors, is presented to new CPAs for outstanding performance on the Uniform CPA Examination.

Following an unusually severe winter that stagnated much economic activity, small and mid-sized business owners in the U.S. are now forecasting sunnier days ahead, at least for the next six months.

For those who love accounting and also have a bit of sleuth inside, a new mentorship program offered by the American Institute of CPAs might be a perfect fit. The Certified in Financial Forensics Mentor Program is designed for AICPA members interested in developing their skills and business practices in forensic accounting through the help of more experienced forensic professionals.

The starkly negative report on the economic health of the nation's largest county, with a population of 10 million, contrasted Los Angeles with nearby suburban counties and with other, more dynamic cities across the nation.

U.S. small businesses will gain improved access to two major government-guaranteed loan programs once a final rule to that effect issued by the U.S. Small Business Administration becomes effective April 21, 2014.

They came. They (financially) planned. They conquered. The 2013 AICPA Accounting Competition gave students a shot at advising James, a bass-playing computer science grad who wanted to get a grip on his finances, pursue his dream of building a music-based mobile app. Teams with the most impressive personal financial plans presented them in Washington, D.C., and one team walked away with $10K.