AccountantsWorld Daily News Identifying the Right Clients for CAS
(Accounting Today) - Will your existing clients or prospects buy higher-priced and more services from you? If you ask them to, will they feel put off? If you do not ask, will you leave real money on the table? If you do not tell them about more services your firm is capable of providing, will they switch to another accounting firm simply because they were not aware of your other services?
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ASB Aligns with Other US Standard Setters on Materiality
(JofA) - The AICPA Auditing Standards Board has amended its concept of materiality to match the definition used by the U.S. judicial system and other US standard setters.
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(CPA Journal) - As of October 21, 33 states and the District of Columbia have allowed the use of medical marijuana. In addition, recreational marijuana is legalized in 10 states and the District of Columbia (see Exhibit 1 for details). Despite legalization in the majority of states, however, federal law does not allow any trade or business in trafficking either medical or recreational marijuana.
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(LifeSaavy) - The holidays are full in swing, which means yearly health goals are just around the corner. Before you dive in too deep, try one of these sweet and calorific cheesecakes.
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