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Accounting News 11/2013



McGladrey acquires accounting firm
McGladrey LLP said Friday that it has acquired Lanier, Whaley, Craft & Co., a Wilmington-based accounting firm, bringing the number of its employees here to 56. McGladrey, with Wilmington offices at 300 N. Third St., is a major U.S. provider of ...

Accounting and tech jobs among largest gainers in salary guides
The Robert Half guide provides average starting salaries for more than 700 positions in the fields of accounting and finance, technology, administrative support, legal, creative, marketing, and design. Des Moines is seeing a strong demand for mobile ...

October 2013 Accounting and Auditing Highlights
Compensation – Stock Compensation (Topic 718) – Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period. This update affects a situation where an ...

Business Accounting Service Provider Complete Controller Announces ...
Business Accounting Service Provider Complete Controller Announces ...

Reagan's supply-side guru to address accountants in Indy
Arthur Laffer, President Ronald Reagan's go-to guy for supply-side economic theory, will address a national gathering of accountants held by Carmel-based newsletter “Inside Public Accounting,” Nov. 4-6 at the downtown Conrad Indianapolis. Laffer, 73 ...

Did Apple Accounting Skip Over $10 Billion in Profit?
A report by Reuters summed up the “disappointed” mood of Apple shareholders, but at least one interested party was left wondering why the fuss occurred at all. According to Apple Insider, a wrinkle in Apple's accounting practices has given the tech ...

Plymouth CPA Leaves Accounting to Open Painting Business
I'm a CPA who left accounting and wanted to run my own business. When evaluating franchises, I was very impressed with the support and training from CertaPro. My wife and I built 2 homes, and I've always loved renovating and painting. I enjoy meeting ...

CPA Leaves Accounting to Open Painting Business Near Northville
I'm a CPA who left accounting and wanted to run my own business. When evaluating franchises, I was very impressed with the support and training from CertaPro. My wife and I built 2 homes, and I've always loved renovating and painting. I enjoy meeting ...

Great Falls accounting firms unite
Joseph Eve, Certified Public Accountants, a regional accounting firm, is merging with Peterson & Associates, a six-person accounting firm located in downtown Great Falls. Peterson's six employees moved a few blocks last week from their office at 11 5th ...

Area accounting firm welcomes three new staff members
CHATTANOOGA — Henderson Hutcherson & McCullough, PLLC, a local accounting firm that has provided accounting, tax planning, management consulting and specialized services since 1981, has announced that Stephen Buchanan, Josh Jolley, CPA, ...

Accounting Coord.
We are seeking an individual to provide fiscal support to the APSC. Minimum requirements: Bachelor's degree in accounting; plus 3 years of experience in accounting, financial management or a related area including 1 year in a supervisory capacity. CPA ...

Accounting firm O'Connor Davies, LLP, announces hirings and promotions
He lives in Washingtonville, joined the firm in 2006 and is a graduate of Sienna College with a degree in accounting. He also serves on the board of directors of the Sugar Loaf Performing Arts Center. Margaret Modugno, CPA, has been transferred to the ...

Accounting firms announce merger
Goldstein/Sacks & Associates on Friday announced that it has merged with Alexander Thompson Arnold CPAs, the eighth largest accounting firm in Tennessee, according to a news release. Larry Sacks and the Goldstein/Sacks & Associates team have been ...

Accounting News Roundup: A Few Good Thieving Accountants; SAC Capital to ...
Accounting News Roundup: A Few Good Thieving Accountants; SAC Capital to ...

Linn Energy Amends Berry Petroleum Merger as Accounting Woes Ease
Shares in Linn Energy surged by over 11% on Friday after it said in a filing that the Securities and Exchange Commission had resolved its comments on the company's accounting disclosures. "As of the date hereof, there are no outstanding or unresolved ...

Decosimo's Forensic Accounting And Fraud Specialists Share Expertise At ...
Decosimo's Forensic Accounting And Fraud Specialists Share Expertise At ...

Business Expense Reports Integrated with Xero's Accounting Software
Starting today the reliable and proven Nexonia Expenses expense report solution integrates with Xero online cloud accounting software to take the financial management experience for small business to a new level. Toronto, Ontario (PRWEB) November 04, ...

CBiz Inc. acquires non-attest assets of Denver accounting firm
Originally formed by Sarah Knight in 2007, Knight Field Fabry provides traditional accounting, tax, litigation support and valuation services to small and midsize clients primarily located in the Denver area. The acquisition is expected to add 11 ...

CBIZ Acquires Denver Accounting and Tax Firm
CLEVELAND, Nov. 4, 2013 -- CBIZ, Inc. has acquired the non-attest assets of Knight Field Fabry, LLP, ("Knight") of Denver, CO, effective November 1, 2013. Originally formed by Sarah Knight in 2007, Knight provides traditional accounting, tax ...

CBIZ acquires Denver accounting firm Knight Field Fabry
Formed by Sarah Knight in 2007, Knight Field Fabry provides traditional accounting, tax, litigation support and valuation services to small and mid-sized clients, mainly in the Denver area. CBIZ, a professional services company, expects the deal to add ...

Strive Accounting and Tax Service Selects Arcphor Strategy for Program Rollout
BlackHeath Company CPAs have developed Strive, an accounting and tax solution that offers an innovative and resource saving program for business' accounting needs. Leveraging technology to provide an essentially paperless solution, Strive is able to ...

Cloud Accounting – The Back Office Promise
The promise of platform as a service is very simple: Bring your code, and cloud vendor will handle everything else for you. Users build their applications with the vendor's tools, APIs and supported programming languages. Platform as a service model of ...

Sternberg has accounting to do
I do know, however, that President Sternberg's actions are threatening our community and our academic integrity. This isn't a question of accountability. At least not as far as Dean Easton is concerned. President Sternberg, however, has some accounting ...

Accounting News Roundup: Night of the Living CPA; CBIZ Has New Biz; The ...
Accounting News Roundup: Night of the Living CPA; CBIZ Has New Biz; The ...

MCM moving accounting services team to southern Indiana offfice
JEFFERSONVILLE, Ind. (Nov. 5, 2013) — Mountjoy Chilton Medley (MCM), the largest full-service accounting firm based in Kentucky, is moving its accounting services team from Louisville to southern Indiana. The move adds 20 employees to MCM's growing ...

Linn Energy says SEC inquiry into accounting measures ongoing
Nov 5 (Reuters) - U.S. oil and gas producer Linn Energy LLC said an informal inquiry by the Securities and Exchange Commission into its use of non-GAAP accounting measures was ongoing, sending the company's shares down 4 percent. The SEC began ...

Accounting union: Smart Devine adds Hanna, McGlone
Smart Devine, the accounting firm started by James Smart after he sold the former Smart & Associates to a private-equity firm for $60 million in 2007, says it has merged with King of Prussia-based Hanna, McGlone & Co. PC. The combined firm will employ ...

Fifth Third Facing Penalties over Accounting for Loan Losses
Fifth Third Bancorp (FITB) in Cincinnati named a new chief financial officer in connection with a tentative agreement to settle a Securities and Exchange Commission investigation into its accounting for commercial real estate loans in 2008, according ...

Accounting firm moves division to Jeffersonville
The additional 20 people moving to Jeffersonville represent a 40 percent increase in employees in that office, a result of relocating the firm's Louisville-based accounting services team, according to a press release. The accounting services team ...

Diana Diamond: A better accounting of contracts and master plan should be on ...
Diana Diamond: A better accounting of contracts and master plan should be on ...

FactSet Research Systems Inc. : GMI Ratings' Governance and Accounting Risk ...
FactSet Research Systems Inc. : GMI Ratings' Governance and Accounting Risk ...

GMI Ratings' Governance and Accounting Risk Data Now Available Through ...
GMI Ratings' Governance and Accounting Risk Data Now Available Through ...

Southern Indiana a growth market for accounting services, Diane Medley says
The accounting services group does bookkeeping, payroll and other accounting services for small- to medium-sized businesses, Medley said. Those businesses are more likely to be in Southern Indiana than they are in downtown Louisville, she said, and ...

Change for the better in pension accounting
This change in NIPA accounting has resulted in conforming changes in the Federal Reserve's Flow of Funds financial accounts. Previously, only the assets held by defined benefit plans were considered assets of the household; now, the accrued benefits ...

Q&A: Rep. Sherman on Lease Accounting Proposal
Rep. Brad Sherman (D-CA) serves on the House Financial Services Committee and is a certified public accountant (C.P.A.) who helped found the C.P.A. Caucus in Congress. He has taken an active interest in the efforts of the Financial Accounting Standards ...

The Most Powerful Women in Accounting - 2013
Take one look and it becomes evident that the world around us is changing at lightning speed. Cloud-based businesses. Mobile technology. Flexible work schedules. Streaming media. Working from anywhere, anytime. This change isn't tied to just one ...

American Realty Capital Properties Appoints Lisa Pavelka McAlister as Chief ...
American Realty Capital Properties Appoints Lisa Pavelka McAlister as Chief ...

Elena Hesse, CPA - 2013 Most Powerful Women in Accounting
I still believe that if you are going to get a business degree, make it accounting. It fundamentally sets you up to be able to “talk business” and be financially aware of whatever career choices you make coming out of college. The accounting profession ...

Mary Ann Travers, ASA - 2013 Most Powerful Women in Accounting
What advice would you give to female college students about the opportunities for women in the accounting profession? In today's fast-paced environment, with ever-changing rules/regulations, and the need for objective, value-added professional ...

Sandra Wiley - 2013 Most Powerful Women in Accounting
What advice would you give to female college students about the opportunities for women in the accounting profession? The world is open to you! Start by really honing your technical skills but do what you do best – build relationships! You are smart ...

As college coaches' buyouts escalate, accounting gets creative
Their employment contracts were clear: When the head football coaches of 11 major public universities broke their contracts late last year and accepted jobs at other public schools, they faced responsibility for more than $7 million in buyouts. Equally ...

Lowell Elementary cook doesn't regret trading accounting for PB&J hugs
Although she tried her hand at well-paying accounting jobs after college, LePiane couldn't stay far from the neighborhood in which she grew up or the school that is as much a part of her life as her own family. So in 1986, she left her office career ...

Accounting and auditing the subjects of upcoming seminar
E. Goldstein, managing partner with Goldstein Lieberman & Company LLC in Mahwah, recently announced that Loscalzo Associates, LTD will present an "Accounting and Auditing Update" from 8:30 a.m. to 5 p.m. on Monday, Nov. 18, as the next seminar in ...

An Honest Accounting of the Corporate Income Tax
For some tax changes, the resulting growth really can cause all income groups to benefit, without the need for any accounting illusions. For other taxes, it's harder to know who ends up bearing the burden. Corporate income taxes — likely to play a ...

Latest Salvo in Feud Targets Humane Society's Accounting
A group that has been feuding for years with the Humane Society of the United States has filed a complaint with the Internal Revenue Service over the animal welfare group's tax accounting. The Center for Consumer Freedom, which opposes the efforts by ...

Rebecca Ryan - 2013 Most Powerful Women in Accounting
What advice would you give to female college students about the opportunities for women in the accounting profession? First, go for it! This is an exciting time to join the profession, because it's changing (due to IFRS, globalization, etc.) and that ...

Accounting for taste: MN wants to license interior designers
There's no accounting for taste, unless, of course, the government says so. Minnesota, like Florida, Louisiana and Nevada, wants to license interior designers. Manicurists, packagers, mobile home installers and travel guides in Minnesota can't do their ...

Jean Rakich - 2013 Most Powerful Women in Accounting
What advice would you give to female college students about the opportunities for women in the accounting profession? I think there are a lot of opportunities for women in the accounting profession, particularly if you are driven and appreciate the ...

YPSILANTI: Kristy Short makes “Most Powerful Women in Accounting” list for ...
YPSILANTI: Kristy Short makes “Most Powerful Women in Accounting” list for ...

SEC Bans NY Accounting Firm Sherb Over Chinese Audits
Law360, New York (November 07, 2013, 4:30 PM ET) -- The U.S. Securities and Exchange Commission on Thursday banned Sherb & Co. LLP from serving as an accountant for public companies after allegedly spotting serious flaws in its audits of three ...