Firm Management

Gale Crosley discusses the Crosley method of strategic growth in accounting firms.

Program prepares minority students interested in the CPA profession for successful internships at Illinois accounting firms.

Many accountants desire to reduce reliance on providing often-commoditized services such as tax preparation and financial statements, but how do you get your practice moving in another direction?

It’s an ongoing challenge for many small businesses owners: finding time to sit down with their off-site accountant to go through queries on financial documents. Now a company has come up with an innovative solution designed to bridge this gap between the business and their accountant.

The American Institute of CPAs (AICPA) issued the following statement by President and CEO Barry C. Melancon, CPA, CGMA, in response to the Financial Accounting Foundation’s announcement that it will provide funding to the International Financial Reporting Standards Foundation to support the completion of international convergence projects:

In the wake of the recent identity theft of some 40 million accounts from retail merchant Target, and the potential for massive theft from the health care exchanges set up under the Patient Protection and Affordable Care Act (ACA), consumers are again left bewildered -- and looking for someone to take the lead in crafting a solution.

It was the best of payroll processing times, it was the worst...well, you get the idea. Payroll used to be complex and tedious work, so much that many accounting firms stopped offering the service.

Anyone who has been hired into the controller position for the first time may feel overwhelmed, since the job description involves an enormous range of responsibilities.