editor’s letter
6
news
Finding the right balance with nonpro;t clients
New U.S. GAAP taxonomy released
Legislative uncertainty doesn’t mean you stop advising clients
9
opinion
The estate tax: One more reason to hate the Yankees
10
tax practice
Congress leaves small businesses worrying
Thomson Reuters buys TaxSimple
tax strategy
Jones & Luscombe on year-end income acceleration techniques
14
assurance
A guide to assessing a reporting system’s IFRS-readiness
the spirit of accounting
Miller & Bahnson issue a clarion call against IFRS adoption
18
;nancial planning
Tax complexities of foreign exchange investing
20
technology
The ups and downs of working with payroll vendors
The total cost of cloud ownership
boomer’s blueprint
Are you a genius, or a genius-maker?
24
practice resources
Dealing with the death or disability of a partner
The anatomy of a business divorce
46
accounting tomorrow
PAPERLESS AND BEYOND
Special report begins on page 29
In this issue: George Jones & Mark Luscombe (page 12); Paul Miller & Paul Bahnson (page 16);
Taylor Macdonald and David Lahey (page 21); Gary Boomer (page 22); and Rebecca Ryan (page 46).
otherresources
9 Letters
23 VAR News
24 M&A Watch
27 New Products: Software
28 New Products: Books
37 People
42 Firms
45 Advertiser Index
Video interview with Grant Thornton chief Stephen Chipman
New podcasts on succession planning, and the proposed loss
contingency standards
Web seminar: Demystifying the cloud
Updates on our blogs: Accounting Tomorrow and Debits & Credits