Dec 20, 2019, 13:22 PM by William G. Ruffner, CPA, and Michael J. Tighe, CPA

You may be familiar with Internal Revenue Code Section 382 of the tax code, which limits an acquiring corporation’s ability to use certain preexisting tax attributes once the target corporation experiences an “ownership change.” The triggering of Section 382 can raise some rather complex issues, and may even serve as a potential roadblock to profitable, tax-paying corporations who are eager to reduce their tax burden by attempting to purchase the tax attributes of “loss corporations.”

Dec 20, 2019, 13:18 PM by Jonathan S. Ziss, JD

Any closely held business that operates without adequate segregation of duties is exposed to the risk of embezzlement. This is hardly a revelation. In fact, it’s Bookkeeping 101. Yet, time and again, this vulnerability is exploited to devastating effect. There is an odd, overarching irony to it all.

Dec 20, 2019, 11:43 AM by Peter J. Kaye, CPA, and Robert G. Korbeck Jr.

Peter J. Kaye, CPA, and Robert G. Korbeck Jr. explain how cloud computing technology can help many types of companies, but urge those who choose to take the leap to understand the implications of faulty risk management.

Dec 20, 2019, 11:42 AM by Laurie Horvath, CPA

When building a volunteer organization, optimizing volunteer resources and capitalizing on employee time are primary challenges. The common solution is to institute overarching committees of finance, nominating, programming, and fund-raising. Due to this committee consolidation, audit and financial reporting responsibilities are often added into the finance committee.

Oct 1, 2019, 09:08 AM by Susan C. Borkowski, PhD, and Mary Jeanne Welsh, CPA, PhD

A winter 2016 feature that takes a look at the factors that are turning away both young and established professionals from public accounting careers.

Mar 4, 2019, 12:16 PM by Edward R. Jenkins Jr., CPA, CGMA

The recliner in my living room is my place of comfort – where I sit and relax to read or watch television. It is where I can feel safe, secure, and at ease. This article is about some other place: the future of work for CPAs. Technologies are merging, redefining, or erasing the lines between the digital and biological spheres. This type of change will affect our profession. The question is, how?

Dec 4, 2018, 08:15 AM by Ric Rosario, CPA, CGMA

Regardless of your level of expertise in CPA professional liability, risk management, and insurance, the answer to “What should our policy limit be?” requires the careful consideration of a variety of factors.

Dec 3, 2018, 16:24 PM by Bruce S. Weitzman, CPA, and Leslie Marlo, FCAS, MAAA

The wise CPA expands beyond compliance and adds value by using tools such as net present value, marginal analysis, and cost and revenue analysis. In a data-driven environment, the CPA will grow his or her worth by updating their analytical skill set with tools from the school of probability and statistics.