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Prior to this unprecedented time for our community, I had been traveling the country for nearly 10 months, meeting with large accounting firms for one-on-one deep dives into their advisory workflows and client experience. Original Article Posted at : https://www.accountingtoday.com/opinion/the-transformation-to-advisory-services-a-few-observations-from-the-road
Read MoreThe current recession derives from two sources: demand and supply. On the demand side, consumers are purchasing fewer durable goods (e.g., automobiles) and spending much…
Read MoreThe Governmental Accounting Standards Board published guidance Monday to improve accounting and financial reporting for public-public partnership arrangements — also known as P3s — along with public-private and availability payment arrangements, or APAs. Original Article Posted at : https://www.accountingtoday.com/news/gasb-releases-guidance-on-accounting-for-public-public-partnerships
Read MoreI am a primary care doctor who has recovered from — and who treats — opiate addiction. I work in an inner-city primary care clinic in Chelsea, Massachusetts, which currently has the highest rate of COVID-19 in the state, due, in part, to poverty. These two experiences offer me a clear view of how these…
Read MoreWipfli LLP, a Top 20 Firm based in Milwaukee, has added Tidestone Solutions, a technology consulting firm in Portland, Maine, effective April 16. Original Article Posted at : https://www.accountingtoday.com/news/wipfli-merges-in-tidestone-solutions
Read MoreFirms need to start by identifying which clients matter most to them, and then reaching out to them, according to Sarah Dobek of Inovautus Consulting. Original Article Posted at : https://www.accountingtoday.com/podcast/structuring-your-firms-coronavirus-plan
Read MoreWhen I was a new bride, cooking baffled me. The recipes I wanted to use often called for ingredients that a newlywed couple did not have on their shelves. Capers? Five-spice powder? Self-rising flour? I was lucky to have basic, all-purpose flour. I sure didn’t own those other items. Gradually, my pantry options expanded and…
Read MoreTwo Senate Democrats are criticizing a little-known provision of the CARES Act stimulus package that would provide a tax break mostly to wealthy taxpayers, suspending excess business losses for prior tax years. Original Article Posted at : https://www.accountingtoday.com/news/senate-democrats-denounce-195b-tax-break-slipped-into-coronavirus-relief-package
Read MoreIf you manage your investments without a financial adviser and are looking for the right brokerage, you might want to look into Vanguard, Charles Schwab or Fidelity. They scored highest for customer satisfaction among self-reliant investors, according to J.D. Power’s 2020 U.S. Self-Directed Investor Satisfaction Study, which is now in its 18th year. The 2020…
Read MoreMindfulness can help you not make the stress of COVID-19 worse. I’ll start with the easiest way to practice mindfulness; you need not even be meditating. Stop whatever you’re doing and shift your attention to the physical sensation of three or four breaths as they come in and go out of your body. That’s basic…
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