Educational Institution and Nonprofit Audits Fast Approaching for June 30 Fiscals</h1> <article> <h1>Educational Institution and Nonprofit Audits Fast Approaching for June 30 Fiscals</h1> <p>accountingweb — Fri, 25 May 2012 15:55:22 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><div><em>By Kevin Ryan, CPA and Michael Bull, CPA</em></div><div> </div><div><strong>Understanding the Educational Institution and Nonprofit Audit Landscape</strong></div><div> </div><div>June 30, the day on which many educational institutions and nonprofits end their fiscal year, is fast approaching.</div></div></div> </article> <article> <h1>Financial Metrics Every Business Owner Should Know</h1> <p>accountingweb — Fri, 25 May 2012 14:24:19 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p style="margin-bottom:0in;margin-bottom:.0001pt" class="MsoNormal"> </p></div></div></div> </article> <article> <h1>AICPA Supports FAF's Creation of Private Company Council</h1> <p>accountingweb — Thu, 24 May 2012 12:25:48 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><div>On May 23, today the <a target="_blank" href="http://www.accountingfoundation.org/home">Financial Accounting Foundation (FAF)</a> announced its decision to make process and structural improvements by creating the Private Company Council (PCC). The PPC is based upon the body proposed last October by the FAF to set differences in U.S.</div></div></div> </article> <article> <h1>FAF New Council to Improve Standard Setting for Private Companies</h1> <p>accountingweb — Wed, 23 May 2012 21:14:05 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><div>After seeking and considering extensive public comment, the Financial Accounting Foundation (FAF) Board of Trustees today established a new body to improve the process of setting accounting standards for private companies. </div><div> </div><div>The new group, the Private Company Council (PCC), will have two principal responsibilities. Based on criteria mutually developed and agreed to with the Financial Accounting Standards Board (FASB), the PCC will determine whether exceptions or modifications to existing nongovernmental U.S. Generally Accepted Accounting Principles (U.S.</div></div></div> </article> <article> <h1>FAF Seeks Participants for Review Survey of FASB Statement No. 131</h1> <p>accountingweb — Tue, 22 May 2012 18:06:09 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><div><em>By AccountingWEB Staff</em></div><div> </div><div>The FAF, the oversight body of the Financial Accounting Standards Board (FASB), is seeking interested stakeholders who would like to be considered to participate in a post-implementation review (PIR) survey of FASB Statement No.</div></div></div> </article> <article> <h1>Summer Rental Season Kicks Off - Extra Tax Points for Owners</h1> <p>accountingweb — Tue, 22 May 2012 14:09:47 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><div><em>By Ken Berry</em></div><div> </div><div>According to <a target="_blank" href="http://www.deloitte.com/view/en_US/us/index.htm">Deloitte</a>'s new <a target="_blank" href="http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/Consumer%20Business/us_thl_summertravelsurvey2012_051512.pdf">Summer Travel survey</a>, more Americans will be traveling this upcoming Memorial Day holiday than they did last year. This could be welcome news to clients who own rental properties as the traditional vacation season kicks into high gear.</div></div></div> </article> <article> <h1>Survey Finds Americans Out of Touch with How Much They Spend</h1> <p>accountingweb — Mon, 21 May 2012 20:22:10 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><div><i></div></div></div> </article> <article> <h1>AICPA Spring Council: Report from the Hill</h1> <p>accountingweb — Sun, 20 May 2012 01:06:25 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p><em>By Adrienne Gonzalez</em></p><p><em><span class="s4" style="line-height: 14px; font-family: Helvetica; background-color: rgb(255, 255, 255); font-size: 12px; color: rgb(0, 0, 0); font-weight: normal; ">This year’s congressional visits led the agenda on the first full day of AICPA Spring Council with CPAs from all around the country visiting the offices of their congressional representatives and senators armed with two great new tools from the AICPA.</span></em></p></div></div></div> </article> <article> <h1>Rev Up for Next Year's Busy Season at a Conference</h1> <p>accountingweb — Fri, 18 May 2012 20:31:40 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><div>Now that busy season is over, it's a good time to consider attending a conference.</div><div> </div><div>A conference is perfect for touching base with your peers and colleagues, building connections, and doing some networking. You never know where the next good idea will come from or who might be in a position to help you in your career.</div></div></div> </article> <article> <h1>Farewell Peachtree Accounting, Hello Sage 50</h1> <p>accountingweb — Fri, 18 May 2012 15:10:33 +0000</p> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><div><em>By David H. Ringstrom, CPA</em></div><div> </div><div>After thirty-five years, the venerable software program known as Peachtree Accounting is adopting a new moniker – Sage 50 Accounting. The software has changed hands several times over its life, most recently purchased by Sage in 1998.</div></div></div> </article> </main></body></html>