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Forensic Futurama Why Forensic Accounting Is Evolving

Article The scope of forensic work has expanded and will continue to do so. In litigation, the role of the adviser or expert witness is well defined and is applied in many areas where evaluation of quantum — how much a case is worth — is the key. Forensic accounting covers
Published on January 28, 2011

Whats Your Line of Defense When Your Vendors Are Hit With Bankruptcy

Article What do you do when you receive a notice in the mail that a firm that you used to do business with two years ago filed bankruptcy and left you with a bad debt for thousands of dollars is now demanding the repayment of all payments made to you during
Published on January 28, 2011

Conflicts of Interest IRS Rules Differ from AICPA Professional Standards

Article Circular 230 forbids federal tax practitioners from having conflicts of interest, defined as representation of one client that is directly adverse to that of another client, or representing a client in circumstances creating a significant risk that the representation of one or more clients will be materially limited by the
Published on January 08, 2013

How the New Healthcare Law Affects Your Accounting Firm

Article Mitchell Langbert The debate concerning health reform and national health insurance began after Worl
Published on January 28, 2011

Tax Court Rules on Medical Necessities

Article The Tax Court has expanded the scope of the medical expense deduction and the definition of what is “medically necessary.” This case establishes the precedent that gender identity disorder is a mental disorder (disease) for purposes of the medical expense deduction.
Published on October 05, 2010

Interest on Residential Property Debt Not Deductible as Investment Interest

Article The Tax Court held that taxpayers who purchased a residence with the intention to treat part of the tract as investment property could not deduct any of the interest on indebtedness as investment interest.
Published on April 30, 2013

Linking Employee Performance, Compensation and Accounting Firm Performance

Article In the past decade the Sarbanes Oxley Act enhanced demand for accounting services. Employees' performance may not have received the attention it warranted. In the current economic malaise and with the winding down of the Sarbanes-Oxley boom firms need to re-focus on incentives and the linkage between performance and rewards.
Published on March 21, 2011

IQ Tests, Traditional or Structured Interviews

Article Do you know which method is best to gauge top candidates
Published on January 28, 2011

Flexible Negotiations Equals Higher Salary

Article A firm makes a job offer. A new hire, often desperate for a job, accepts. But there is the small matter of money. In many cases, because they are eager for work, new hires accept the employer’s salary offer, just as some car buyers accept the manufacturer’s suggested retail price
Published on January 28, 2011

Human Resource Management and Technological Change

Article There is a general consensus that technology has enabled human resource management to dispense with routine and transactional administrative tasks. In turn, HR managers increasingly contribute to business strategy and execution. The advances have been impressive. But a question that remains is whether increasing HR participation in management alters downstream
Published on June 01, 2011

Untying the Invasion of Privacy Knot

Article Much of the time business ethics is straightforward or, as the philosophers G.E. Moore and H.A. Prichard and R. Audi argue, a matter of intuition. But there are times when two sound moral principles collide and a considerable degree of practical deliberation is required to untie the moral knot. This
Published on January 28, 2011

Diversity Efficiencies and Synergies in Your Accounting Firm

Article Despite the considerable gains that have been made, individuals still often stereotype and prejudge others. We can all stand to eliminate biases and prejudices. In establishing organizational values, top management's commitment to just dealing is essential. This includes explicit, senior-level commitments to diversity and inclusion.
Published on March 21, 2011

Wellness Plans for the Discerning Accounting Firm

Article How to choose a plan that works.
Published on January 28, 2011

Personal Goodwill Alive and Well

Article A pair of recent decisions calls into question whether the sale of personal goodwill is still available as a tax planning strategy.
Published on January 28, 2011

Four Best Practice Tips in Dynamic Team Building

Article Why it is critical for your firm.
Published on January 28, 2011

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