PRACTICE DEVELOPMENT
Securing Succession Success
by Donald Jay Korn
A relatively smaller pool of younger CPAs will be available to succeed the vast wave of baby boomers nearing retirement. This article offers sole practitioners and partners in small firms steps to take now to realize the full value of the practices they’ve spent a lifetime building.
For CPAs considering succession options

PRACTICE MANAGEMENT
Make Direct Marketing Pay Off
by Larry Bildstein
Direct marketing can have many benefits for CPA firms. Follow these practical tips to help your firm make the most of its time and money in implementing a successful direct-marketing campaign.
For CPA firm partners and owners

AUDITING
Navigating the Crossroads of Control and Independence
by Catherine Allen, Charles E. Landes and Lisa A. Snyder
Get answers to some of the most commonly asked questions about how SAS no. 112, Communicating Internal Control Related Matters Identified in an Audit, impacts nonattest services, internal control over financial reporting and auditor independence.

For CPAs in public practice

ARTICLES

FINANCIAL REPORTING / TECHNOLOGY
Software Revenue Recognition on the Rise
by Greg Regan and Tim Regan
An increasing number of companies are finding themselves within the realm of software accounting rules as software becomes a more critical component of everyday products. To determine whether the rules apply to particular products, CPAs need to take a hard look at factors including product marketing and consumer expectations of support services.

For CPAs who advise businesses

FRAUD
What Is Your Fraud IQ?
by Joseph T. Wells
Think you have what it takes to outsmart a fraudster? Put your knowledge to the test with a 10-question quiz.
For all CPAs