Are You Ready For the BUSY SEASON FUN Calendar??
I have just been made aware of the existence of this Busy Season Fun calendar by way of the Journal of Accountancy podcast in which host Jeff Drew mentions “it’s about time for PCPS to publish their annual busy season fun calendar.” The what now? You can find it on this Private Companies Practice Section […]
Report: Former Deloitte UK CEO Planning a New Big 4 Firm
Ever since Andersen went down for the dirt nap (and probably before that), observers of the accounting profession have worried about the shrinking number of large accounting firms. And sure, it's a concern, but the majority people can't be bothered with it until the Big 4 becomes the Big 3. The other side of this […]
Simplifying Financial Reporting Is Hard
As a concept, business is simple. Someone willing to buy a thing or a service gives you money for that thing or service. If you sell lots of things or services then you’ve really got something good going. Hooray! You’re an entrepreneur.
Here Are Some Health Initiatives Accounting Firms Should Consider for the Upcoming Busy Season
While ya'll have been diligently protecting our capital markets, I've been binge-watching a million seasons of “The Biggest Loser” on Hulu. Why didn't anyone tell me about this show? I would have started watching it years ago! Meanwhile, I've also been scrolling through “office workers are all going to die of stress-induced heart attacks” articles. […]
More Accounting Firms Should Let Employees Build Their Own Niche Practices
In the ANR this morning I mentioned one of the accounting profession's big worries: hiring and retaining talented people. A related worry that these same accounting firms have are with succession planning; firms that can't hire and retain good people aren't going to have much a succession plan. A recent whitepaper from Crowe Horwath stated […]
Let’s Talk About Creative Accounting Themed Halloween Costumes
Protip: throwing on a green eyeshade does not an accountant costume make.
David Cay Johnston Wonders If It’s Time We Threw the Income Tax on the Scrap Heap
Income tax pontificator David Cay Johnston can't help but think that maybe this particular revenue generation policy has run its course. It’s time to consider whether to get rid of income taxes, personal and corporate. What are the strengths and weaknesses of our current system? Should we tax individual and corporate income — or something […]