Art of Accounting: Fire yourself

Start 2020 by firing yourself as the boss, CEO or managing partner. Then rehire yourself. As the new, CEO what would you do to justify the confidence you had in you?

Art of Accounting: Fire yourself


Banks prepare to communicate CECL disclosures

Financial institutions are getting ready to begin complying this year with the Financial Accounting Standards Board’s new credit losses standard, which means they will need to start making disclosures about their loan portfolios.

Banks prepare to communicate CECL disclosures


The decade in donor-advised funds

Here’s a look at the most significant decade for the fastest-growing giving vehicle.

The decade in donor-advised funds


Firms giving back: Rea & Associates donates more than 34K lbs. of food

Armanino and its Armanino Foundation also announced $50K in donations to various nonprofits to mark the firm’s 50th anniversary.

Firms giving back: Rea & Associates donates more than 34K lbs. of food


Accountex USA discontinued

The accounting conference will no longer be held in the U.S., according to an announcement from the organizers on Jan 3.

Accountex USA discontinued


What doesn’t kill auditors makes them stronger

Technology is less a threat to the audit than a tremendous opportunity, experts say.

What doesn’t kill auditors makes them stronger


Receipt Bank has raised $73M in Series C funding

The money is earmarked to extend the company’s product suite and expand in Europe, Australia and North America.

Receipt Bank has raised M in Series C funding


QuickBooks Desktop 2017 to sunset on May 31

This year, the products impacted will be QuickBooks Pro 2017, QuickBooks Premier 2017, QuickBooks Desktop Accountant 2017 and QuickBooks Enterprise Solutions v. 17.

QuickBooks Desktop 2017 to sunset on May 31


Bill Gates pushes for higher taxes on rich as wealth soars

The world’s second-richest person said he wants his fellow billionaires to pay much higher taxes.

Bill Gates pushes for higher taxes on rich as wealth soars


People & firms on the move: Wall, Einhorn & Chernitzer appoints new managing shareholder

Somerset CPAs also transitions leadership; Brown Schultz Sheridan & Fritz announces several promotions and new hires; and more CPA news.

People & firms on the move: Wall, Einhorn & Chernitzer appoints new managing shareholder