A cyberattack on Deloitte, one of the world’s “big four” accounting firms, may have compromised private emails and plans of some of the company’s blue-chip clients, according to an exclusive report by Guardian. The hackers were able to get into the network by cracking the password on an admin account that didn’t require a two-step… (0 comment)

Each year, the tax preeparation business, long a Raison D’être for mainstream local, regional and national accounting firms, is faced with a new onslaught from techological breakthroughs, forcing many in the industry to compete as low cost providers, just in order to be able to ‘tread water,’ so to speak. Meanwhile, the general population moves… (0 comment)

[postgopher name=”pg001″] Part-time, temporary or contract CFO services have been around for years, dating back to the early to mid 1980’s, and for years accountants have looked at contract CFOs as people they could work with, rather than as services they could offer.   In the past few years, some practitioners have looked at CFO… (0 comment)

[postgopher name=”pg001″] I’ve been running off at the mouth for several years about how the accounting industry is changing and how local practitioners need to face the hard task of adaptation and change.   I know it’s hard because the few options that are available to local practitioners are out of their comfort zone, even… (0 comment)

Six out of 10 independent practitioners say they believe social-media tools are valuable to their company’s growth, but most aren’t impressed by Twitter. Only 3% of the more than 800 practitioners who responded to the latest survey said Twitter had the potential to help them. Professional-networking service LinkedIn, topped the list with 41% of respondents… (0 comment)

[postgopher name=”pg001″] The latest Practice Builder Publishing survey of practitioner work related habits indicates that ‘there ain’t no off season’ for accountants and tax practitioners, as practitioners continue full-time workdays during off season.   According to survey results, the overall work day continued to hover at approximately six and three-quarters hours per day off season,… (0 comment)