An Educational Slam Dunk
March Madness is here! I’m talking about busy season, not college basketball. While other firms are trying to survive busy season, you should be beating…
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SEC Adopts Rules to Modernize and Simplify Disclosure
The SEC adopted amendments to modernize and simplify disclosure requirements for public companies, investment advisers, and investment companies. The SEC indicated that these “amendments are…
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Improve Your Firm Management
Software utilities, like CCH ProSystem fx Engagement’s Admin Views, can help improve your firm management. Therefore, you should periodically review those kinds of utilities in…
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SEC Publishes Securities Transaction Fee Rate Advisory
The SEC announced that starting on April 16, 2019, the fee rates applicable to most securities transactions will be set at $20.70 per million dollars.…
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Are You Making Time For A Profitable Audit Practice?
Time is money, especially when it comes to audits Here we are in the middle of yet another tax season. Your compliance work is moving…
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FASB Improves Accounting for Series Television
The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) No. 2019-02, Entertainment—Films—Other Assets—Film Costs (Subtopic 926-20) and Entertainment—Broadcasters—Intangibles—Goodwill and Other (Subtopic 920-350):…
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FASB Clarifies Lease Implementation Guidance for Lessors
The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2019-01, Leases (Topic 842): Codification Improvements. ASU 2019-01 provides lease implementation guidance for…
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Client Relation(shifts) Help Sustain Growth
In firms of all sizes, the client experience is a critical issue. Equally critical is figuring out how to optimize that experience – while achieving…
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GASB Proposes Implementation Guide on Leases
The Governmental Accounting Standards Board (GASB) has issued an Exposure Draft of the proposed Implementation Guide, Leases. The Exposure Draft includes contains questions and answers on government…
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Overcome Tax Season Challenges
What are your biggest tax season challenges? How many of these tax season challenges are you facing? Client preparedness Software problems Staffing issues Time compression…
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