July 2008

Features How Not to Run a Business These all-too-often overlooked errors in judgment could leave your company at the point of no return. Back from the Brink The line between a corporate turnaround and company bankruptcy is wafer thin. Here, a look at three amazing stories and the critical factors executives put into play to navigate that all-important U-turn.  SOX Phobia The first reaction of many private and not-for-profit organizations to SOX: A string of expletives and a sigh of relief. Not anymore.

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Columns

First Word | A message from ICPAS President & CEO Elaine Weiss.

From the Chair | A message from ICPAS Board Chairman Sheldon P. Holzman.

Seen + Heard | News bytes, sound advice and practical business tips.

Corporate Finance | World Risk
Mounting pressures in global trade compliance bring the CFO to center stage.

Local Economy | Movers & Shakers
Chicago is a complex transportation hub. Accounting for it can be a bit of a perilous journey.

Bottom Line | Constructive Criticism
If you’re looking for a way to increase cash flow—and who isn’t—then cost segregation may be where you’re headed.

Technology | Co-creation Theory
Brainstorm, innovate and create the ultimate customer experience.

Career | CPAs & The Law
A lucrative combination, but how hard is it to be a dual-licensed pro?

Diversity | Accounting for Women
The sixth ICPAS Women’s Executive Committee survey reveals little headway in efforts to increase women’s representation in public accounting leadership roles.

Financial Planning | Teens with Money
Has Jenny got a part-time job? Phase two of your child’s financial education has begun.

Tax | It’s Not All Bad
The “more-likely-than-not” standard has been a bane in the lives of taxpayers. But where there are negatives, there are also positives.