Running a Firm (822)

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The Need for a Fourth Financial Statement

financial statement artCurrently, there are three primary financial reporting statements; Income Statement, Balance Sheet, and Statement of Cash Flows. These three statements are familiar territory for accountants. You live and breathe these numbers. You are proud to be able to produce these numbers for your clients, as you should be. However, because of the historical nature of these statements, they serve a limited purpose when it comes to making day-to-day management decisions. This is where the need for another kind of statement becomes critical.

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Former CCH VP Gets Wolters Kluwer CEO Spot

Cathy Wolfe, Wolters KluwerA former CCH VP, Cathy Wolfe, has been named as president and CEO of Wolters Kluwer's Medical Research business, effective January 1. Wolfe, who has served CEO of Wolters Kluwer U.K. since 2007, has been with the company since 1996. It's only the latest in a series of high-level changes at CCH and its parent company, Netherlands-based Wolters Kluwer. Read more...

Avalara Hires SSTGB Director Peterson

 Scott Peterson, AvalaraAvalara has named Scott Peterson, executive director of the Streamlined Sales Tax Governing Board, as director of government affairs. Peterson had been involved with that body since its inception in 2000. It was formed to simplify state sales tax collection. He takes on his new duties on November 12.

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Keiter names Lewis and Leslie Audit Partners

Richard Lewis, KeiterKeiter, a Glen Ellen, Va.-based accounting firm, has named Richard Lewis and Toby Leslie as partners. Both CPAs are part of the audit department and each has more than 12 years of experience in the profession. Read more...

Workflow Becomes More than Tax

For most tax and accounting firms, talking about workflow means talking about the handling of documents. And for most, that means documents related to tax preparation. But although that is still the primary use, workflow applications are becoming part of the tool arsenal wherever there are documents or processes to manage.

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Wolf Gets Herbein Partner Slot

Steven M. Wolf, Herbein & Co., Steven M. Wolf has been promoted to partner at Herbein & Co., a Pennsylvania CPA firm. Wolf is chair of the firm's client service cornerstone committee. He also oversees the firm's client satisfaction survey, client seminar series and team training initiative. Read more...

SEC Reinstates N.Y. CPA Bergsman

Gilbert Bergsman, CPAThe Securities and Exchange Commission has reinstated Gilbert Bergsman, a New York CPA. Bergsman was barred from appearing before the agency on Dec. 15, 2005 when it settled administrative proceedings against him without his admitting or denying the SEC findings. He is partner emeritus of Raich Ende Malter & Co., which he joined in 2005.

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Social Media Results through Strategy, Training and Policy

Are you on LinkedIn, Facebook, or Twitter, but you're not sure what to do to ensure your time invested pays off? Do you wonder how your team members are using them - especially related to your firm - knowing that most of them are probably on LinkedIn, Facebook and Twitter, too? It's time to create your firm's social media strategy, training plan and policy! Having all three elements in place will drive adoption and usage of social media by your team members, ensure consistency of your firm's brand and positioning and produce measurable results.

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Freeland Named NSA Accountant of the Year

Christine FreelandChristine Freeland, CPA, ABA, ARA, has received the 2012 Accountant of the Year Award from the National Society of Accountants. The award is given to an individual member in recognition of outstanding achievement and service to NSA, the accounting and tax profession, the state society and the community. Read more...

SC&H Group Puts Workman In Charge of Office

Todd Workman, SC&H Group

Todd Workman has been named managing partner of the Washington D.C./Northern Virginia office of the SC&H Group, A partner with the firm since 2000, Workman continues as managing partner of SC&H's State and Local Tax practice, a position he has held since mid-2010.

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