November 2010

A creative way to communicate fraud prevention to your clients

As CPAs, we look for creative ways to persuade our clients to implement good internal controls.  I fear that our comments as CPAs usually fade along with all the other you-gotta’-do-this-now messages in our regulatory heavy culture.  Another approach is to explain the devastation that arises from fraud.  I have a new post at my other blog that takes this approach:  The tragedy of fraud.  …

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Great video explaining one perspective on why QE2 is a lousy idea

One semester of econ in 6 entertaining minutes.  A few cute quips from the video in very loose paraphrase:

The Fed is engaged in quantitative easing because they believe there is danger of deflation.  But aren’t food prices higher than a year ago? Yes. …

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“The Facebook Era: Tapping Online Social Networks to Market, Sell, and Innovate”

The Facebook Era: Tapping Online Social Networks to Market, Sell, and Innovate – Clara Shih – ISBN 978-0137085125

From the cover:  “Whether you know it or not, Facebook and Twitter are transforming your business in profound and significant ways.

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PTIN registration

Don’t forget you must register with the IRS to get or renew your PTIN for 2011.  Fee is $64.25. You probably received a letter recently giving you the web address to register:  www.irs.gov/taxpros

I just registered. Took 25 minutes.  Might want to have your CAF and EFIN (electonic filing number) handy.  I noticed that my renewal will expire 11-30-11, which I suppose means I will have to renew next year before 11-30.  So if such trivia matters, you might want to wait until after 12-1 to register.

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Welcome to my new blog!

Greetings, and welcome to my new blog.  I am still blogging at Nonprofit Update, found at www.ulvog.wordpress.com.  Why the new site?  I am talking to two very different audiences: the nonprofit community and CPAs working in the attestation area.  Thus, I will split my writing between two different blogs. 

Many of the previous posts of interest to CPAs have been brought into this blog.  Some of these posts are deleted from the other blog and some are left there.  In the future, posts related to the NPO world will be at www.ulvog.wordpress.com, comments specific to the CPA community will be here, and comments of interest to both will be cross-posted.

I hope this will be of help as you keep up to date with the torrent of changes in the attestation world.  Enjoy!

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Why does it matter to you that advertisers can use ads to identify gays?

Recent stories indicated that advertisers could identify gays through targeted advertising.  If that is not a part of your life, why does it matter to you?  Let me explain the process so you can see that the advertising technique should give us all pause. …

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