Below please find daily updates pertaining to the latest in financial, business, and tax news:

Developing Successful Associates and Managers

Wed Aug 27 12:50:11 PDT 2014

Event Date: September 10, 2014, 2 pm ETTransfer your knowledge and experience to prepare your team for the challenges and opportunities of an accounting career.  Kristen Rampe will share you can have a significant impact on building the next generation of successful CPA?s by investing in your people development skills, whether your role is one formally associated with development (career counse...

How to Find the Cap Gain Tax Balance

Wed Aug 27 09:27:22 PDT 2014

Accountants often have to deal with the results of any investment advice clients obtained during the year, so it's a good idea for them to become adept at the deceptively tricky cap gains rules....

Bramwell?s Lunch Beat: Inventory Surfaces as Top Accounting Issue

Wed Aug 27 08:51:34 PDT 2014

The menu for August 27 features specials on seven US companies whose effective tax rates are shrinking, CFOs running the numbers on inversion, GOP Senate candidate calls for gas tax reduction, and more....

Auditing Special Purpose Frameworks: Auditing Inventories

Wed Aug 27 05:12:38 PDT 2014

Determining inventory quantities and values is an important management responsibility for the FRF for SMEs. There is, however, a difference from U.S. GAAP in some situations....

Study: Airlines Get $1 Billion in Fuel Tax Breaks Per Year

Tue Aug 26 14:30:52 PDT 2014

The report, released on Tuesday by UNITE HERE International Union, found that the US airline industry received tax breaks on more than 12 billion gallons of jet fuel in 2013 through obscure tax codes in 37 states....

The 7 Ways to Transition Your Practice

Tue Aug 26 11:04:26 PDT 2014

Accountants without a succession plan are hurting not only themselves but their clients as well. Here are seven ways to see your practice continues after you retire?some of them are better than others....

James Schnurr is the New Chief Accountant at the SEC

Tue Aug 26 10:39:28 PDT 2014

A former partner and vice chairman with Deloitte LLP, Schnurr, who recently retired from the firm, will head the SEC's Office of the Chief Accountant. He begins his new post in October....

Bramwell?s Lunch Beat: Burger King?s Whopper of a Deal

Tue Aug 26 09:25:09 PDT 2014

The menu for August 26 features specials on two top House Republicans profited from inversion deal, GOP charges IRS with conflict of interest, judge questions shareholder deal in HP/Autonomy accounting fraud case, and more....

SEC Cracks Down on the Golf Course

Tue Aug 26 05:40:52 PDT 2014

Summer is a time for kicking back and playing a few round of golf with friends, for example. But if you're on the green, you'd better be careful: The SEC may be looking over your shoulder....

Issues Persist With GASB Standard on Impairment of Capital Assets

Mon Aug 25 13:38:04 PDT 2014

A review team recently concluded that accounting guidance for governments on capital asset impairments and insurance recoveries does provide pertinent information to financial statement users but does not resolve all issues underlying its purpose....

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