Preparing for FASB changes to revenue recognition and lease accounting

Companies should begin to plan now how to incorporate the new standards and update procedures for the Financial Accounting Standards Board’s accounting updates on two significant topics: revenue recognition and lease accounting.

What goes up … : Preparing clients for market downturns

Financial planners need to plan in advance for the inevitable turn to the bears.

Accounting Today's 2017 VAR 100 submission deadline extended

Accounting Today is calling for participants in its annual ranking the top value-added resellers of accounting and accounting-related software by revenue.

VSCPA names 'Member of the Year,' 'Top 5 Under 35'

The Virginia Society of CPAs honored their top professionals at their annual meeting this month.

Tax Strategy: Opportunities and issues under the PATH Act remain in play

Tax practitioners still need to account for the ramifications of the 2015 law.

Paychex finds small business employment growth declined in May, but wages increased

Job growth at small businesses dipped in May for the third month in a row, but hourly earnings rose 2.87 percent ($0.72) to an average of $25.76 compared to a year ago, according to payroll giant Paychex.

Tax Fraud Blotter: Five random dependents

More than $1 million bilked in state taxes; dead wrongs; life goes on (trial); and other highlights of recent tax cases.

Art of Accounting: Chuck Fridays

Many people like the long Memorial Day weekend, especially as the days get warmer and longer, but please do not lose sight of the purpose of this day.

Thomson Reuters offers tax and regulation alerts

Thomson Reuters has introduced Checkpoint Marketing for Firms Emerging Tax and Regulation Alerts to allow accounting firms to keep clients informed about new and proposed tax legislation and regulatory changes.

Reviving the Monday morning meeting

Much has been written about employee retention at public accounting firms. Employee connectivity to the business, or “employee engagement,” is a key factor in employee retention and firm growth.