AccountingWEB US
AICPA Honors Top 2012 CPA Exam Performers
To be named "top of the class" is always an honor. But when you're named one of the top 39 candidates in a pool of 92,000 contenders, that honor is especially impressive. That's exactly what happened for 39 CPA Exam candidates when the AICPA announced the 2012 Elijah Watt Sells Award winners.
Mary Jo White Confirmed by Senate as SEC Chairman
Mary Jo White, a former federal prosecutor for the Southern District of New York, was unanimously confirmed as chairman of the Securities and Exchange Commission (SEC) by the US Senate on April 8, 2013.
Financial Outsourcing Services Seen Growing 8 Percent Annually Through 2017
Global spending on finance and accounting business process outsourcing (F&A BPO) services will exceed $25 billion in 2013 and rise at an annual compound growth rate of 8 percent through 2017, according to research by accounting firm KPMG and HfS Research.
2013 Day 68: Triceps Kickback
Today's workplace fitness exercise focuses on the triceps muscles.
Shakespeare Was a Talented and Artful Tax Dodger
When you hear the name William Shakespeare, you probably think of world-class writing laced with cunning humor and powerful drama. That's the Shakespeare of our collective memory. But is it accurate?
KPMG Fires L.A. Partner Over Alleged Insider-Trading Tips
The partner in charge of KPMG's audit practice in Los Angeles was fired immediately after the firm learned late last week of the partner's involvement in providing nonpublic client information to a third party and using the information in stock trades involving several companies.
Economic Outlook Still Murky as Job Market Remains Weak
The March US Department of Labor jobs report showed fewer jobs were added than in any month in almost a year, which adds to the uncertainties facing small businesses and accountants.
Mike Sabbatis Joins Doc.It's Board of Directors
On April 9, 2013, Doc.It, an industry-leading provider of a powerful and scalable full suite of document management products for accounting professionals, announced that Mike Sabbatis was elected to Doc.It's board of directors.
2013 Day 67: Inner Thigh Toner
Today's workplace fitness exercise focuses on toning the inner thigh muscles.
Company Announcements: Week of April 8, 2013
Following is the latest roundup of community news for the week of April 8, 2013.
Tax Protester Wesley Snipes Is Free at Last
Actor and tax protester Wesley Snipes is almost a free man again, at age fifty. He was released from prison April 2, transferred to the New York Community Corrections Office, and will remain on house arrest till July 19.
New Client Auditions: How to Know If a Prospect Is Right for You
To ensure a new client audition is successful, you must know the profile of your existing client base. Knowing why your most successful clients are a positive fit for your business will help you weed out potential clients who would not be a good fit.
New IRS Technology Will Track Online Activity
According to news reports filtering out of Washington, the IRS will begin employing new technology this year that can track a taxpayer's online activities ranging from Facebook and Twitter posts to credit card and PayPal transactions.
2013 Day 66: Side Bends
Today's workplace fitness exercise focuses on the abdominal muscles.
Gone Fishing: IRS Closing Offices for Holidays
Now the sequester is getting really serious! The IRS may shut down its offices completely for a few days surrounding several upcoming holidays in order to accommodate the federal government's budgetary needs.
Minimizing the Risk of Background Checks
Hiring is an expensive, time-consuming process – employers want to make sure they get it right the first time. For many employers, background checks represent a key tool in ensuring the people they hire are trustworthy and have the skills, experience, and education they claim to possess.
Update: Stephen Baldwin's Tax Case Moves On
Just a few months ago in December, actor Stephen Baldwin was arrested on charges of failure to pay state income tax in New York relating to income from 2008, 2009, and 2010. The tax debt, with interest and penalties, came to around $350,000.
IRS Seeks Applications for Information Reporting Program Advisory Committee
The IRS is requesting nominations for membership to the Information Reporting Program Advisory Committee (IRPAC), a federal advisory panel that advises the IRS on various tax administration issues.
TIGTA Addresses IRS' Trouble Processing Foreign Currency Tax Payments
The IRS is often unable to process tax payments made in foreign currencies on a timely basis or at favorable exchange rates, according to a report from the Treasury Inspector General for Tax Administration (TIGTA).
Financial Accounting Foundation Names David A. Vaudt Chairman of GASB
On April 4, 2013, Iowa Auditor of State David A. Vaudt was named as the next chairman of the Governmental Accounting Standards Board (GASB), effective July 1, 2013.

