Daily Edition: How to Get Younger Staff More Involved in Business Development

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Many accounting firms share a common problem. They need to get staff, especially younger staff, involved in business development. It often feels like an unending uphill battle. The question is, are we on the right hill?

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Daily Edition

Jul 14, 2016

by LEE FREDERIKSEN

Group Files Complaint against Trump with IRS

by MICHAEL COHN

A left-leaning advocacy group has filed a complaint against Donald Trump with the Internal Revenue Service accusing the presumptive Republican presidential nominee of violating the law for using money from his tax-exempt charitable foundation to buy an autographed football helmet and jersey from NFL player Tim Tebow.
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The Characteristics of a Partner

Upward Spiral Partnership managing director Martin Bissett discusses in this video his research on the seven distinctive behaviors that firms are looking for before promoting a senior manager to partner.
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Recruiting and Retaining Talent

Employees see wealth management as a valuable addition to a tax or accounting practice if it’s offered the right way. Watch this video to learn what employees are looking for.
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IMA Proposes Framework for Management Accounting Competency

by MICHAEL COHN

The Institute of Management Accountants has released an exposure draft of a proposed Management Accounting Competency Framework in an effort to fill the skills gap for accountants who choose careers in private industry.
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Crowe Horwath, Plante Moran, more named to Fortune's '50 Best Workplaces for New College Grads'

by SEAN MCCABE

Fortune Magazine recently unveiled their first-ever list of the 50 Best Workplaces for College Grads. Fortune "looked at companies with a high volume of job growth as well as impressive recruiting and hiring numbers for new grads" in determining their ranking.
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Mazars to Acquire Corality Financial Group

by MICHAEL COHN

Mazars, an international accounting, auditing and tax firm, has signed a deal to acquire Corality Financial Group, a financial modeling consultancy and training course provider with offices in Sydney, London and New York.
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63-year-old starts own accounting practice in UK after returning to school

by SEAN MCCABE

Terry Ramm, 63, of Lincoln, UK, recently joined 2000 other students - many of them younger - at accounting-centered online college Ideal Schools in order to begin a second career in the profession, according to a statement from the school.
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Group Plans to Audit the IRS

by MICHAEL COHN

A self-styled tax watchdog group has launched an effort to independently audit the Internal Revenue Service, with the help of taxpayers.
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First Time Abate: The 'Get Out of Tax Penalties Free' Card

by PAUL L. MANCINONE AND ALISON WALSH

Most tax practitioners occasionally find themselves in the position of having to deal with clients who have received penalties for late filing of tax returns or late payment of income taxes.
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SEC Proposes to Streamline Accounting Disclosures

by MICHAEL COHN

The Securities and Exchange Commission voted Wednesday to get rid of redundant and outmoded disclosures in response to recent changes in U.S. and international accounting standards and technology.
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Big Four Protest Proposed IRS Regulations on Tax Treatment of Corporate Debt and Equity

by MICHAEL COHN

The Big Four firms have sent a letter to Treasury Secretary Jacob Lew asking for withdrawal of proposed regulations on the tax treatment of corporate debt and equity.
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AICPA Proposes Standard for Auditor Involvement with Exempt Offering Documents

by MICHAEL COHN

The American Institute of CPAs’ Auditing Standards Board has issued an exposure draft of a proposed standard for auditors who are involved with securities offerings that are exempt from registration with the Securities and Exchange Commission.
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U.S. Treasury Chief Lew Set for Apple Tax Showdown with EU

by STEPHANIE BODONI AND AOIFE WHITE

U.S. Treasury Secretary Jacob J. Lew is set to meet with European Union antitrust chief Margrethe Vestager this week as she prepares to deliver a final verdict on a probe into Apple Inc.’s tax affairs in Ireland.
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Internal Auditors Expand Their Mission in Financial Services

by MICHAEL COHN

The internal audit function needs to transition to operate across the entire risk governance framework at financial services firms, according to a new report from Ernst & Young.
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