Outlook articles from January 1992

Outlook archives from January 1992

CPAs and the future: what's in the cards? (Cover Story)
January 1, 1992... Crystal balls, tarot cards and astrology charts have no place in the precise world of accounting. Yet the environment that demands such precision is changing at a dizzying rate. Keeping pace requires that CPAs look to the future. Using...

Recession-proof your practice. (accounting practice)
January 1, 1992... Marketing your accounting, tax and consulting services is important in any type of economy. In a recessionary one, marketing is no longer simply a good investment, it is an essential one. Accountants report that because of the recession...

150-hour requirement. (requirement to qualify for membership in the American Institute of Certified Accountants)
January 1, 1992... Cities grow. Perceptions shift. Word processors are cast aside for high-powered personal computers. Wide ties are in. Wide ties are out. Who can keep up with all the changes? "Change isn't easy for anyone," says Karen Pincus,...

Accountant: advise thyself! Report finds CPAs unaware of professional hazards. (certified public accountants)
January 1, 1992... SCHOOLED, EXPERIENCED AND CREDENTIALED CPAs are considered amont the most astute business people around. They're objective experts in the esoteric minutiae of tax codes and financial documents. At the same time, their special vantage point...

Protect yourself during a financial downturn. (Outlook Employment Services Section)
January 1, 1992... Economic hardship makes us appreciate the value of a dollar. In today's economy, most of us are taking a fresh look at our finances. Whether you are a victim of a recent layoff, looking for a new career opportunity, or just safeguarding...

Planning for recession - the past is prologue. (Outlook Employment Services Section)
January 1, 1992... The current recession reminds me of a repetitive phenomenon with respect to timely reductions of personnel. Most companies wait too long before taking the painful step. Management watches the leading indicators with disbelief, hoping that...

A wealth of business in your own back yard. (marketing business advisory services) (Outlook Employment Services Section)
January 1, 1992... When the economy slows down, most CPAs' thoughts turn to marketing. All those ideas about seminars, newsletters and direct mail campaigns that sat on the back burner when you were busy have come to the forefront, along with renewed promises...

Independent contractor versus employee. (Outlook Employment Services Section)
January 1, 1992... A service provider's status determines how earnings are taxed and who must pay taxes on those earnings. Individuals may prefer to be treated as independednt contractors (ICs) because they avoid income and payroll tax withholding. They also...

To be or not to be, that is the question. (incorporating) (Federal Taxes)
January 1, 1992... Why is your client incorporated? Do the costs of remaining a corporation outweigh the benefits? Should your client liquidate his corporation? Like the "Baby Boomers," corporations were often born because of romance rather than...

California's tax increase highest in nation.
January 1, 1992... For years, California has had a reputation as the trend-setter for the United States, perhaps the entire free world. From political movements and social causes to Hula Hoops and health foods, California has been the compass of America's...

Finally! Accounting for income taxes made simple. (Accounting and Auditing Alert)
January 1, 1992... It has been nearly 10 years since the Financial Accounting Standards Board (FASB) began its project to amend Accounting Principles Board (APB) Opinion No. 11 on accounting for income taxes. In 1987, the FASB issued Statement No. 96, which...

Look in your own back yard for added profits. (promoting accounting services to current clients) (Practice Management and Personnel)
January 1, 1992... While real growth largely depends upon acquiring new clients, you should also consider current clients when promoting your firm. You may be able to increase profits by expanding current services, providing new services and obtaining...

Ethics regulation of the accounting profession. (Ethics Forum)
January 1, 1992... The CPA profession affects and interacts with all segments of our society. For those reasons, a CPA's ethical conduct is regulated by many different entities and codes, depending primarily upon the respective CPA's diversity of practice....