The Tech Take: The cloud still beckons

There are good reasons some firms haven’t moved to the cloud yet, but one firm’s migration demonstrates the benefits.


Firms overspent on sponsorships, but got little in return

Accounting firms are spending more of their marketing dollars on sponsorships than on advertising, despite getting negative returns from sponsorships, according to a new study.


Making the most of marketing money

How firms are spending their budgets is shifting, according to the 2017 Hinge/Association for Accounting Marketing survey. AAM executive director Lauren Clemmer draws valuable lessons from the poll results.


Racing enthusiast lacked profit motive for car racing business, finds Tax Court

Just because you have years of experience in an activity and have made an occasional profit at it doesn’t mean you have a profit motive, according to the Tax Court. And without a profit motive, you don’t get to deduct losses from the activity.


Tax executives wary of risks from tax reform efforts

Tax executives are worried about some of the risks to their companies from the Organization of Economic Cooperation and Development’s Base Erosion and Profit Shifting project and U.S. tax reform proposals.


Ex-KPMG South Africa boss quits new role to face Gupta claims

Moses Kgosana, who was due to take the role of Alexander Forbes Group Holdings Ltd. chairman at the end of August, withdrew from the position after allegations emerged related to his tenure as chief executive officer and senior partner at KPMG South Africa.


Tax Strategy: Supreme Court rules on tax-exempt hospitals and church plans

A surprise ruling in an ERISA case reverses earlier courts.


The Spirit of Accounting: Innovation in financial reporting

Accounting standards — and accountants — are struggling to achieve relevance in the 21st century


The evolution of practice management software

Modern PM systems are growing to encompass more and more aspects of a firm.


Art of Accounting: Accounting firm metrics

I have always tried to run my practice as the business that it was. As such, I used certain numbers or metrics to evaluate how I was doing. I did this when I started out and every step along the way as my practice grew.