Features

  • Windows XP poses challenges for businesses

    By:
    CHRIS GAETANO
    |
    Mar 20, 2014
    Microsoft plans to end support for its 12-year-old Windows XP operating system (OS) on April 8, which means that the company will no longer provide security patches, technical assistance and other forms of service for those still using the software—a development that could leave businesses at increased risk of cyberthreats and other glitches if they don’t upgrade. 
  • A test of strength: How well does your firm maintain its IT risk commitments?

    By:
    JOEL LANZ, CPA/CITP, CFF, CISA, CISM, CISSP, CFE
    |
    Mar 18, 2014
    This month brings the year-end audit season to a close and, with it, a familiar routine: Firm partners will either be spending their days reviewing workpapers prior to issuing reports or, if the reports have already been issued, conducting postmortems. They’ll engage in discussions about audit risk and attempt to identify how the audit team can place increased reliance on the client’s business processes to effectively achieve audit objectives.
  • How happy are your employees?

    By:
    Pei-cen Lin
    |
    Mar 17, 2014
    Here’s some sobering news for hiring managers: According to a recent online survey by CareerBuilder.com, one in five workers will be shopping for a new job this year. The website polled 3,008 full-time employees across industries and found that 21 percent planned to change employers in 2014, up from 17 percent in 2013. Researchers linked the increase to a drop in job satisfaction, with the unhappiest workers complaining most about their salaries and grumbling that they felt undervalued. - See more at: file:///T:/TrustedProfessional/2014/03-March/feature/career.html#sthash.qDlp9a9C.dpuf
  • Best Practices for Billing, Collecting, Client Screening and Disengagement

    By:
    RANDY R. WERNER, CPA, J.D., LL.M./TAX
    |
    Mar 13, 2014
    Problems stemming from fee billing and collection have always plagued CPA firms, but there are basic steps you can take to avoid or manage most of these issues. Client screening is the first step toward controlling losses and enhancing your clientele, but at this late stage of busy season, let’s look first at billing and collection tips.
  • Embracing the next generation of the profession

    By:
    |
    Mar 12, 2014
    When the NYSSCPA moved into its new headquarters on Wall Street last summer, I said, among other things, that I was proud to be the Society’s president during such a marvelous time of change. I wasn’t just referring to our physical relocation, but to the systemic shift that has taken place at the State Society over the past several years. We have made a concerted effort not just to be leaders within the profession, but innovators, and to tailor our efforts as an organization with the future in mind.
  • NYSSCPA Members Offer Free Tax Advice

    By:
    RICHARD J. KORETO
    |
    Feb 24, 2014
    Continuing a long tradition, Society members are once again are sitting on tax advice panels at various newspaper offices around the state. In mid-February, members gathered at the offices of Newsday to take questions that ranged from simple yes/no situations to highly complicated scenarios that would require further investigation. Sometimes the CPAs gave welcome news, and sometimes disappointing news, but they always left the taxpayers more enlightened.
  • End of the road for Windows XP poses challenges for businesses

    By:
    CHRIS GAETANO
    |
    Feb 20, 2014
    Microsoft plans to end support for its 12-year-old Windows XP operating system (OS) on April 8, which means that the company will no longer provide security patches, technical assistance and other forms of service for those still using the software—a development that could leave businesses at increased risk of cyberthreats and other glitches if they don’t upgrade. - See more at: file:///T:/TrustedProfessional/2014/02-feb/feature/stories/windows-xp.html#sthash.OYWLW9QG.dpuf