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| October 21, 2010 |
| Featured Sponsors |
| The Secret is in the Mix…on Checkpoint® |
| The Sleeter Group's 2010 Accounting Solutions Conference |
| Publisher's Note |
  Business Management Daily reports that in a world of texts, tweets, cube farms, and Casual Fridays, manners may have gone the way of the dodo. An AP/Ipsos poll indicates that 69 percent of respondents find people ruder than a generation ago. But, as BMD suggests, rudeness isn’t just bad form – it’s bad business.I think there’s a lot of truth in the adage “people buy from people they like.” Life is too short; most people would prefer not to deal with rude, nasty people. On the positive side, no wardrobe malfunctions have been reported recently at accounting firms. Rob Nance Publisher publisher@accountingweb.com |
| Top News |
| PCFRC's O'Dell discusses FASB, concerns of private companies |
 At its fourth public meeting earlier this month, the Blue Ribbon Panel, formed by the Financial Accounting Foundation to define the issues faced by private companies with U.S. GAAP, agreed that a new model for private company reporting was required. |
| Rosenberg MAP Survey: CPA firms weather recession nicely |
| The recession hit the CPA industry with full force in 2009, and the results were quite different than in years past. Growth for CPA firms has been steady for 20 years or more, so firms had to rapidly adapt to the reality that the gravy days are gone for the time being. |
| Serial tax evader pleads guilty |
| A former Pittsfield, MA, man pleaded guilty this week in federal court in Boston to his role in a series of frauds and attempts to avoid paying taxes for more than a decade, as well as lying to federal authorities and financial institutions about his illegal activities. |
| The Secret is in the Mix…on Checkpoint® | |
| If your online research service leaves you searching through other sources to complete your research, get all the ingredients with Checkpoint! It’s the perfect mix of complete and outstanding research and guidance, primary source materials, access to tax software, helpful tools and so much more, all on one platform. This unique integration means that, with Checkpoint, you can easily get to everything you need to complete your tax and accounting research. Get your free sample: Call 800.950.1216 or visit http://ria.thomsonreuters.com/perfectmix to try Checkpoint at no cost for 30 days. |  |
| Featured Articles |
| CPA as trusted advisor: Why, and is it deserved? |
 In many client relationships, the CPA is counted on to be a trusted business advisor, to be available when the entrepreneur needs advice, to be the quarterback of the team of professionals who help to guide the company. |
| Myth: Your boss is too busy to meet with you |
| Don't fall for the myth that some bosses are just too busy to meet with you. The truth is your boss does not have time not to meet with you on a regular basis no matter how busy your boss might be. |
| Social media offers low-cost way to crank up your marketing program |
| In a tough economy, marketing is often the first to go. But that can mean missed opportunities. So, more accounting firms are using social media to boost their marketing efforts without busting their budgets. |
| Thomson Reuters customers gather for back-to-back tax and accounting conferences |
| The Tax & Accounting business of Thomson Reuters will host more than 2,000 customers at two user conferences this fall – one for its professional tax and accounting firm customers on October 27 and another for corporate tax department and trust tax customers on November 1. |
| The Sleeter Group's 2010 Accounting Solutions Conference |  |
| Save the date: Monday, November 8, 2010 to Wednesday, November 10, 2010. The Sleeter Group’s 2010 Accounting Solutions Conference will empower accountants and consultants who work with small- and medium-sized businesses, giving them the knowledge and essential tools necessary to be successful in the accounting services market. Register using promo code AW2010 and a receive $50 discount off regular pricing! | |
| Firm/State/People News |
| State societies sponsor CPA Day of Service |
 CPA societies in Illinois and Virginia provided the impetus for firms and individuals nationwide to take part in a day of service on September 24, the CPA Day of Service. The event not only helps worthy local organizations, but also highlights the contributions made by CPAs. |
| Arizona State University students, pwc, Habitat for Humanity build home for family |
| From crunching numbers to hammering nails, Arizona State University students took a break from their books to lend a hand to Habitat for Humanity. |
| Company announcements: Week of October 18 |
| Following is the latest roundup of firm news for the week of October 18, 2010. |
| Blogs! What do you have to say today? |
| Can creating alternative small audit documentation be cost-beneficial? |
| Why do so many firms continue performing unnecessary procedures on small audits using canned practice aids? Here are some possible reasons we resist modifying small audit documentation and a few of my thoughts about how we can make change pay. |
| Court case involves stripping and accounting |
| Lapdancer and former accountancy and finance student Nadine Quashie allegedly earned more than £1,000 a night dancing at the Stringfellows club London and is now trying to pursue an unfair dismissal through the Employment Tribunal. |
| New York: Passive general partner interest equals NEXUS! |
| Generally, if a corporation is a holding company not licensed to do business in New York, but is a general partner in a partnership that is doing business in New York, then the holding company would be subject to tax in New York. |
| XBRL U.S. Best Practice Committee issues first report |
| Earlier this week, XBRL US, the national consortium for eXtensible Business Reporting Language, announced the formation of a Best Practices Committee. |
| Kaplan Weekly Quiz |
 Are you prepared for the CPA exam? Test your knowledge and keep your skills sharp by taking the weekly CPA Exam Quiz, brought to you by Kaplan Schweser CPA Review and AccountingWEB Education & Careers Zone. New questions will be posted for each section weekly. Take this week's quiz. |
| Partners |
| Latest industry news |
 Click the link above to find out what's going on among our advertising partners — or check out the stories below: |
| RTB Summit announced; 12 CPE credits available |
| Version One, Infor announce global document management agreement |
| Stuckey & Co. appeals to accountants with XactPAY Web for clients’ worker’s comp premiums |
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