Michigan Treasury Grant, New Scam Targets Job Seekers, 3 Steps to Protect Your Business from Workplace Fraud and more

by MICPA | Sep 05, 2017   ()

Grants Available for Financially Distressed Cities, Villages and Townships
Michigan cities, villages and townships experiencing financial struggles can now apply for a grant to help fund special projects and free up tax dollars for important services. Submit applications to the state Treasury Department by Oct. 20. READ MORE

New Scams Target Accounting Job Seekers
A Michigan CPA executive is sounding the alarm about online scammers impersonating recruiters at accounting firms, offering enthusiastic young job seekers career opportunities and internships. The Journal of Accountancy online reports that scammers are trying to obtain job seekers' personal and banking information -- and in some cases, a cash payment. READ MORE

3 Steps to Protect Your Business from Workplace Fraud
No company is immune. Developing an effective fraud control system could save organizations up to five percent of their annual revenue. A new Business Journals article by the AICPA’s Ash Noah outlines the two elements every business must have in place in order to prevent fraud. READ MORE

What Is the PCAOB Looking For?
In a new report issued last week, the Public Company Accounting Oversight Board indicated that 2017 audit inspections focus on significant risk areas including past deficiencies, changing economic developments, compliance with transparency rules, and quality control systems. READ MORE

IRS Offers Checklist for Data Security Plan
To get started on a data security plan, tax preparers can review IRS Publication 4557, Safeguarding Taxpayer Data, which outlines the practitioners’ legal obligations and offers a checklist. Additionally, since many tax professionals are also small business operators, new guidance (Small Business Information Security: the Fundamentals) from the Commerce Department’s National Institute of Standards and Technology may be helpful. READ MORE

Free Webcast: The Importance of a CPA Exam Strategy
If you’re a current CPA Exam candidate, or still considering the CPA license, then this event is for you. Register for this free webcast on at 11 a.m. Sept. 28 hosted by the AICPA and NASBA to learn the best ways to prepare. You will have an opportunity to get your questions answered during a Q&A session.

Accounting Degrees on the Rise
The number of students majoring in accounting is still at record levels, according to the 2017 AICPA Trends Report released last week. In fact, the number of students enrolled in bachelor’s accounting programs hit a record high for the 2015-2016 year, offsetting a drop in those enrolled in master’s accounting programs. This Journal of Accountancy article explains.  READ MORE

Source: MICPA
Source: MICPA

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