With the economy posting two consecutive quarters of declining gross domestic product numbers, recession worries have deepened, and firms are counseling their clients about how to cope with surging inflation, labor shortages and tight supply chains. EY Americas Consulting vice chair Raj Sharma, a 25-year veteran of commercial and financial
July is Disability Pride Month, commemorating the landmark Americans with Disabilities Act of 1990. In the 32 years that have followed, we have seen the federal government continue to take steps to aid those with disabilities and protect them from discrimination. Many people with disabilities, however, have felt the negative
You may not think of it this way, but you spend a lot of time evaluating the value of items and services. Whether you shop at traditional brick-and-mortar retail stores or online, you’re selecting items and determining if they’re worth the price on a weekly—if not daily—basis. Some items may
The American Institute of CPAs, New York, named the recipients of its 2022 Effective Learning Strategies Awards: Kimberly Young of Greenville Technical College in South Carolina, received the George Krull/Grant Thornton Teaching Innovation Award, and Perry Moore of Lipscomb University received the Mark Chain/Federation of Schools of Accountancy Teaching Innovation
Business is all about relationships. When you work with clients, you get to know them on a business and a personal level. You might ask how their family is doing or about their recent vacation, and you may genuinely like the person. However, there will likely come a time when
The American Institute of CPAs named the recipients of the 2022 Effective Learning Strategies Awards to college and university educators, and also honored four other professors for excellence in teaching, literature and advancing the profession. The winners of the 2022 Bea Sanders/AICPA Teaching Innovation Award for innovative teaching in the
Periods of vast inflation are oftentimes followed by a recession, where consumers spend much less because they dealt with increased prices for too long. A drop in profits can really hurt any business, so how can you prepare your clients for this possible scenario? In my experience as the CEO and
I receive many queries from retirees who have moved money into traditional IRAs, 401(k)s and other tax-deferred retirement accounts. Retirees have to comply with long-standing rules that require them to make annual withdrawals from their accounts once they turn 72. (70 ½ was the required age for 2019 and earlier
Securities and Exchange Commission Chair Gary Gensler commemorated the 20th anniversary of the passage of the Sarbanes-Oxley Act while calling for strict new independence standards for auditing firms from the Public Company Accounting Oversight Board. Speaking Wednesday during a webinar co-hosted by the Center for Audit Quality, Gensler discussed how
On February 15 this year, Sarah Twigg of Twigg Accountancy Services shared with Jo Wood and Zoe Whitman of 6 Figure Bookkeeper that she was now fully booked. Sarah also said she was earning more running her practice than the salary she used to earn as an employee. Her business
