March 17, 2011
Top News | Tax | Accounting & Auditing | Technology | Education & Careers | Fitness | Blogs | Watchdog
When we think about fast business growth, Walmart certainly comes to mind. Last year, the company did $405 billion in sales. More than one billion per day--that's a staggering figure. Looking at their history, using inflation-adjusted dollars, it took Walmart 27 years to hit $30 billion in annual sales. Amazingly, to hit the same $30 billion mark, it took Amazon only 16 years.

As public accountants have been immersed in corporate tax work of late, analyzing 2010, the profession continues to have the pulse on where our struggling economy has been and is going. So many accountants have told us, "We're headed back in the right direction." May your clients, your firm or your company blow 2010 out of the water!

Rob Nance
Publisher
publisher@accountingweb.com
Students and professionals join to make a difference in Deloitte's Alternative Spring Break program
Students with a passion for community service, who really want to give back, will experience a different kind of spring break when they join Deloitte LLP professionals as volunteers in underserved communities in a weeklong, expenses-paid, trip to Washington DC and Memphis TN. Read More...
Blog: Is your data safer in the cloud or in your office closet?
Not a day goes by that I don't see an article about cloud computing scroll through my Twitter feed or e-mail client. It is certainly the topic du jour in our industry and most others. While the CPA world is still getting to know what the cloud is all about, there are some perceptions that are just that - more opinion than fact.
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Increase in number of first time e-filers spurs Intuit to create resource center for its users
Intuit's Accounting Professionals Division is seeing increases in the number of e-filed returns and an increase in the number of first-time e-filers due to recent IRS mandates. To help first-time and seasoned e-filers, Intuit created online e-file resource centers for tax professionals – one for Lacerte and one for ProSeries. Read More...
Understanding, preparing for IFRS now eases transition anxieties
While a migration to IFRS from U.S. GAAP represents a significant departure from a long-established standard, companies that take the following steps now will face a smoother transition. Read More...
Minimize personality conflicts in your workplace
The motherly instruction to "play well with others" doesn't always travel from the playground to the workplace. Resolving staff conflicts is an ongoing issue faced by supervisors. Read More...
The prescription for medical deductions
Do you have clients who need a clear explanation of how the medical deduction works? This article explains it all. Read More...
Accountants gone bad...
The following is a summary of the latest news about accountants, both public and private, whose careers have taken a turn for the worse. Read More...
E-filing mandate tightens for firms handling fiduciary tax returns
For the Spring, 2012, tax season, any firm filing more than 10 Federal fiduciary income tax returns will be required to file electronically, as will firms filing New York State fidiciary income tax returns This change will impact thousands of firms next tax season. Read More...
Company announcements: Week of March 14, 2011
Following is the latest roundup of accounting community news for the week of March 7, 2011. Read More...
Pennsylvania 2011-2012 budget: Did it go too far?
Last week Pennsylvania's governor put forth his 2011-2012 budget. As most governors are doing across the country, our governor proposed some difficult spending cuts. Read More...
BEWARE: California's new "Doing Business" standards in effect!
California has adopted a new "doing business" standard beginning 1/1/2011 which will impact taxpayers, including corporations, pass-through entities and their owners. Read More...
What the transition to IFRS means to young professionals
As U.S.-based accountants look ahead to a transition from U.S. GAAP to International Financial Reporting Standards (IFRS), a general consensus is building both in boardrooms and among investors that a reliable set of worldwide accounting standards is indeed the ideal. Read More...
Want more retweets? Five secrets to success plus an example
Why do some posts get retweeted more than others? Here are the results of a recent experiment.
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