2016 News Archive

The National Association of State Boards of Accountancy has released for the first time in history an official CPA population statistic representing the total number of individual, U.S.-licensed CPAs. As of April 22, 2016, there are 664,532...

The National Association of State Boards of Accountancy has released for the first time in history an official CPA population statistic representing the total number of individual, U.S.-licensed CPAs. As of April 22, 2016, there are 664,532...

The Internal Revenue Service issued a warning to tax practitioners on Friday about a new wave of cyberattacks. The attacks allow criminals to take control of tax practitioners' computers and file fraudulent returns. Journal of Accountancy online

Optimism about the U.S. economy, which soured in the first quarter, rebounded in the most recent survey of CPA executives in business and industry. Projections for revenue, profit, and expansion plans, down slightly year over year, are higher...

The average length of time between a new computer being hooked up to the Internet and its being targeted by hackers is six minutes, experts warn -- so it’s critical to establish a defense in depth against cyber-invasion. “Set up a...

As the Baby Boomers move into retirement, their $50 trillion in assets will move with them -- and they’ll need professional help with the transition, according to Roger Ochs, president and CEO of broker-dealer HD Vest Financial Services. n...

The U.S. Treasury Department’s continuing attack on inversions claimed its latest victim this week, ending the deal between US based fertilizer maker, CF Industries, and its smaller Dutch counterpart, OCI. The recently announced proposed...

Back to the Future – Looking Back over Three Decades Recently my clients, Tony Frabotta and Rick David of UHY Advisors, forwarded to me the Summer 1988 issue of The PDI Report. Tongue in cheek, they said to me they were surprised to see...

The FASB is currently seeking nominations for individuals who would be interested in serving on the SBAC and who have relevant background in and experience with: Preparing or auditing financial statements of small public businesses in various...