1. Recent Articles

    1. New Liquidity Disclosures for Not-for Profits: Are You Ready?

      New Liquidity Disclosures for Not-for Profits: Are You Ready?

      Under current financial reporting standards, not-for-profits are not required to illuminate clearly restrictions that affect the availability of liquid resources in their financial statements. But this is all about to change with the Financial Accounting Standards Board’s (FASB) new financial reporting standard (Accounting Standards Update (ASU) 2016-14), effective for fiscal years beginning after December 15, 2017.

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    2. Changing Company Culture Requires a Movement, Not a Mandate

      Changing Company Culture Requires a Movement, Not a Mandate

      Culture is like the wind. It is invisible, yet its effect can be seen and felt. When it is blowing in your direction it makes for smooth sailing. When it is blowing against you, everything is more difficult. For organizations seeking to become more adaptive and innovative, culture change is often the most challenging part of the transformation. But culture change can’t be achieved through top-down mandate.

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    3. When is it OK to throw out old tax documents? | Accounting Today

      After every tax season, it’s tempting to do some spring cleaning, which often includes a massive dump of recently filed tax data. While many firms have migrated to paperless records, many still grapple with the issue of tax record retention. One of the most confusing questions clients ask their accountants is: what do I do with my tax records and how long do I need to keep them?

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    4. GOP momentum builds to change rules for longer-lasting tax cuts | Accounting Today

      (Bloomberg) The push to change congressional budget rules and enact tax cuts for longer than 10 years even if they add to the deficit received more support Thursday as the top Senate tax writer endorsed it. “It would be better” if the existing 10-year budget window were extended, Senate Finance Chairman Orrin Hatch said in an interview. “The 10 years is problematic,” he said. “I would like to do that.” A leader of the conservative House Freedom Caucus said he’s open to the idea.

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    5. IRS sees new phone scam from fake certified letters | Accounting Today

      The Internal Revenue Service issued a warning Thursday cautioning taxpayers and tax professionals about a new scam revolving around the Electronic Federal Tax Payment System, in which criminals are calling innocent taxpayers demanding they make an immediate tax payment through a prepaid debit card. The IRS has been hearing reports about the scam around the country.

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    6. What Health Systems, Hospitals, and Physicians Need to Know About Implementing Electronic Health Records

      What Health Systems, Hospitals, and Physicians Need to Know About Implementing Electronic Health Records

      A decade ago, Kaiser Permanente installed the nation’s most comprehensive Electronic Health Record (EHR). Implementation was challenging and expensive – the process took two years and the cost at the time was estimated to be around $4 billion. But it has allowed physicians to treat patients in offices, hospitals, and emergency departments more rapidly than in the past. The lessons from their success?

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    7. Does Your Company Know What to Do with All Its Data?

      Does Your Company Know What to Do with All Its Data?

      There are many ways to put data to work, and companies — especially their leaders — are well-advised to explore as many of them as they can. Each presents distinct opportunities for profit and competitive advantage — from product improvements to new revenue streams to possible industry game-changers. At the same time, each presents challenges that must be experienced to be appreciated.

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    8. Strengthen Your Nonprofit Communications: Study Reveals Skills Gaps and Suggests Steps for Improvement

      Strengthen Your Nonprofit Communications: Study Reveals Skills Gaps and Suggests Steps for Improvement

      Information moves rapidly these days, and an increasing amount of it competes for the time and attention of donors, journalists, online influencers, and the public. In this marketplace, what skills should communications professionals possess to raise the profile of their organizations? To find out, The Communications Network, an association of professionals in the field, commissioned a survey. Nearly 300 members of the network participated in the survey.

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    9. U.S. AGI rose in 2014, 2015, IRS reports | Accounting Today

      The average American’s adjusted gross income rose in both 2014 and 2015, according to the IRS. In its Spring 2017 Statistics of Income Bulletin, the IRS released data on increased average AGI of taxpayers for tax year 2014 and preliminary data on returns for tax year 2015, as well as AGI information. The Statistics of Income Division produces the online bulletin quarterly, providing recent data from various tax and information returns filed by U.S. taxpayers.

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      1. We're certainly seeing a good increase in million-dollar gifts and above as well, at least reaching last year's total but most likely the trend suggests that we will surpass last year.
        By Don Fellows
      2. The strong pace of job growth continued in November as the unemployment rate held at its lowest level since April 2008 and labor force participation ticked up.
        By Jason Furman
      3. In today's fast-paced and increasingly competitive marketplace, corporate executives and line-of-business (LoB) managers need easy access to reliable KPI data that can help them make real-time business decisions.
        By Jeffrey M. Kaplan
      4. Organizations want to have the ability to leverage server and storage and networking technology from a variety of vendors and to be able to run the applications on the best suited hardware, whether it's in their data center or in the cloud.
        By Brian Cohen
      5. Venture Atlanta continues to play a significant role in spotlighting the Southeast as an epicenter of entrepreneurial innovation and success.
        By Tino Mantella
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