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Leases case study: How J&J prepared a global inventory 27 Aug 2013 | 02:30 am
Creating an inventory for all leases is one of the first actions experts say companies should consider in preparation for the converged lease accounting standard proposed by FASB and the International...
Test your Excel IQ: Solution 27 Aug 2013 | 02:00 am
Last month I turned the tables and challenged JofA readers to answer another reader's Excel question, as follows: Q: I have created an Excel template in which I enter employee information and pension ...
Final regs. adopt differential income stream method for cost-sharing agreements 27 Aug 2013 | 01:00 am
On Monday, the IRS issued regulations (T.D. 9630) that govern the application of the differential income stream approach to cost-sharing arrangements. The regulations finalized without change regulati...
Not-so-obvious update procedure revealed 26 Aug 2013 | 11:00 pm
Q: I purchased an Apple iPad 2 two years ago with iOS 4.33 installed, and I now need to update the operating system because many of my current app updates require iOS 5.xx (or higher). In addition, I ...
Women's initiatives: A strategic advantage 26 Aug 2013 | 09:00 pm
The recent AICPA supply and demand survey found that women constituted 44% of accounting employees at CPA firms but only 19% of the partners. The partnership percentage was a step back for women in pu...
Tackling the top issues 26 Aug 2013 | 09:00 pm
For many, if not most, accounting firms, the quest to survive the Great Recession and its aftermath has ended. The focus now is on growth. That's one of the overarching themes derived from the 2013 Pr...
The opaque CFO bonus 26 Aug 2013 | 08:00 pm
Get a B on a math test, and you understand how that grade was determined: You got 88% of the answers correct. Get a B on an art project, and you're wondering exactly what could have been better or wha...
When is a partner "retired"? 26 Aug 2013 | 08:00 pm
When a longtime partner or employee retires from a CPA firm, a sense of loyalty often compels the existing partners to allow the individual to have a symbolic role at the firm. This can include a cour...
2013 tax software survey 26 Aug 2013 | 08:00 pm
This is the catch-alIn this year's survey by the JofA and The Tax Adviser, more than 5,000 CPAs assessed the software they used to prepare 2012 tax returns. This year, tax preparers had to contend wit...
How to select a successor 26 Aug 2013 | 08:00 pm
Selecting the successor for a retiring partner in an accounting firm can take on many forms. The decision can be made by an individual CPA or by the firm leadership. It can involve the transfer of cli...
