2009's Top Challenges for Financial Executives

As difficult as 2008 has been, 2009 already has the earmarks of being even more challenging as finance chiefs bear the brunt of the global economic crisis.

FEI lists the top challenges for CPAs running businesses:
http://www.financialexecutives.org/eweb/upload/FEI/FE0209_FinRep_14_16.pdf

Tips for a Tougher Tax Season

Unique economic times, late tax legislation, and uncertainty make preparation more difficult, reports WebCPA.

Year-end tax planning with clients these troubled days, however, is also rife with such issues as the AMT, stock options, expiring tax provisions, gift-giving, income and deduction shifting, and investment impacts. About the only certainty is change.

http://www.webcpa.com/article.cfm?articleid=29904

Accountants Rank Below Funeral Directors in Ethics

WebCPA reported recently on the public perceptions of the honesty and ethics of various professions and found that accountants rank below funeral directors, but above journalists.

The top-rated professions, in order, were nurses, followed by pharmacists, high school teachers and medical doctors, with close to two-thirds of respondents rating all those professions highly. Just over half of the survey respondents consider the honesty and ethics of clergy members and police to be either high or very high.

http://www.webcpa.com/article.cfm?articleid=29996