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HappyAccountants

100% Member Firm Maner Costerisan named Cool Place to Work by Crain’s Detroit Business

Maner Costerisan, a full-service public accounting, technology and business consulting firm, has been recognized as one of Crain’s Detroit’s 2022 Cool Places to Work. The prestigious annual list ranked Maner No. 13 among medium-sized businesses statewide and No. 40 overall.

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Tips for Handling Clients Who Committed Fraud

It is not always immediately obvious when a client’s audit will lead into a criminal case but understanding tax fraud is key to identifying early warning signs. Expert tax attorney Venar Ayar, JD, LL.M., founder of Ayar Law, shares best practices for handling a sensitive audit and insights on how the IRS conducts its investigations.

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Aquinas Offers Upskilling Opportunity for Non-CPA Professionals Working in Accounting & Auditing Firms

The Accounting and Auditing Certification Program (AACP) offered through the accounting department at Aquinas College will begin its next cohort next month, but there is still time to enroll. Find out how the AACP helps non-CPA professionals working in the accounting industry be more effective in their roles and what it is that sets this certification program apart from others.

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Short Term vs. Long Term Disability Insurance

Great Resignation: Is Disability Insurance the Hot, New Benefit? Metlife’s 2021 U.S. Employee Benefit Trendy Study indicated 80% of employers intend to increase their investment in employee benefits. Among those benefits under consideration for expansion are short and long-term disability, but is this the right move for your firm or your client’s business? Paychex breaks down the differences between each…

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Problem Solving Financing – What are my options? APS Holmes Group is here to help!

Mergers and acquisitions are up, but before making a purchase, whether as an individual or as an addition to an established firm, knowing all available options for purchase is critical. For example, according to APS Holmes, purchasing a practice is typically done through a number of financing options, rather than with a lump sum payment.

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Cyber Hygiene 101: Is Your Sensitive Data Secure?

Because smaller operations tend to have fewer resources and less security expertise than larger companies, cybercriminals view small-to-medium enterprises (SMEs) as prime targets. According to SensCy, protecting sensitive client information is less about chasing innovations in software, and more about persistent cybersecurity awareness and policy training for employees…

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Sarbanes-Oxley Celebrates 20 Years of Success

The domino-like collapse of Enron and other high-profile publicly traded companies in the early 2000s demonstrated the need for updated accounting and auditing standards. As the Sarbanes Oxley Act (SOX) turns 20, we take a look at what led to its inception and what might lay ahead as the landscape of the financial industry continues to undergo technological evolution.

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The New Standards of Quality Management

Quality control is getting a facelift with the implementation of the AICPA’s new quality management standards system. What follows is a brief overview of everything new about SQMS.

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CECL Standard Disrupts Net Income Performance Gauge

The banking industry has begun implementing the new current expected credit loss (CECL) standard issued by the Financial Accounting Standards Board (FASB), but unforeseen externalities have made transition somewhat bumpy according to recent reports. Find out how banks accounting for potential losses throughout the COVID-19 pandemic, subsequent logistical setbacks and current global geopolitical unrest has tested the new CECL standard in ways that have analysts casting a jaundiced eye at the banking industry’s traditional performance indicators.

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The Pressure’s On – Working with the Post-Covid IRS

The backlog at the IRS will continue to present challenges for agents and tax professionals through 2022, which is why understanding the structure and organization of the agency is more important that ever. Join the MICPA and Ayar Law for an in depth review of the various IRS functions as well as tips and best practices for navigating the agency at the upcoming MICPA conference, Tax Professionals and the IRS: Successfully Working Together, on Jun. 16.

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