Features

  • Bill Would Exempt Companies From XBRL

    By:
    CHRIS GAETANO
    |
    Apr 8, 2014
    A bill introduced in the House of Representatives in March would exempt small public filers from having to use eXtensible Reporting Business Language (XBRL), a computer markup language that has been mandated for all filers by the Securities and Exchange Commission (SEC) since 2011.
  • Five Facts to Know About Bitcoin

    By:
    CHRIS GAETANO
    |
    Apr 8, 2014
    The past few years have seen an explosion of online virtual currencies, the oldest and most popular of which is Bitcoin. Unlike traditional mediums of exchange such as dollars, pounds and yen, Bitcoins are linked to no one nation, are not regulated by a central bank and transactions that use them are not processed by an intermediary financial institution.
  • Demand For Sustainability Information is Clear, But Its Place in Regulatory Regime is Not

    By:
    CHRIS GAETANO
    |
    Apr 8, 2014
    Public companies are increasingly under pressure to produce corporate sustainability reports—disclosures that go beyond the bottom line and paint a picture of an entity’s environmental and social impacts. However, the question of how this data can be accurately conveyed and how it relates to an entity’s legal regulatory filings remains a subject of debate—as evidenced by a recent butting of heads between the Securities and Exchange Commission (SEC) and a new organization that has released its own set of voluntary guidelines for sustainability reporting.
  • Digital spring-cleaning: The to-do list every firm should tackle

    By:
    JOEL LANZ, CPA/CITP, CFF, CISA, CISM, CISSP, CFE
    |
    Apr 7, 2014
    Now that spring has arrived and, for many tax professionals, a respite from client or executive management pressures is soon at hand, we have an opportunity to address some of the technology-related issues that we never seem to have time for. Below are a few suggestions to help you, your employer and your clients recharge for the second fiscal quarter. 
  • Getting unstuck: How to press the “restart” button in your career

    By:
    PEI-CEN LIN, CPA, SPHR
    |
    Apr 4, 2014
    Spring, with its spirit of renewal, is the perfect time to breathe new life into your career (and dust off all those work-related resolutions you made on New Year’s Day). These six action items will help you to keep your professional pursuits moving in the right direction, especially if you’ve been on cruise control all winter. 
  • NYSSCPA Award Winner Builds Bridge Between Business And Academia

    By:
    CHRIS GAETANO
    |
    Apr 4, 2014
    A. Rief Kanan, the winner of this year’s Dr. Emanuel Saxe Outstanding CPA in Education Award, has always had one foot in the academic world and another in the business world—a balancing act that has benefited both his students and the companies he works with. 
  • NYSSCPA Members Weigh in on Minimum Wage Debated

    By:
    CHRIS GAETANO
    |
    Mar 21, 2014
    President Barack Obama’s push to increase the federal minimum wage from $7.25 to $10.10 an hour has given certain industries—and the CPAs who service them—pause, as they ponder the potential implications.