ThomsonReuters

JANUARY 24, 2023

Much like the audits of financial statements, third-party assurance from an audit firm can help solidify trust in a company ’ s ESG reporting. For more information on ESG accounting and reporting , read our blog covering the topic. Underscoring this point, a survey by McKinsey and Co.,

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ThomsonReuters

JANUARY 12, 2023

From measuring sustainability to quantifying the ethical impact of supply chains, accountants and auditors have an expanding role to play in determining the integrity of a company’s disclosure of ESG topics. . These standards offer specific requirements to help companies determine metrics to disclose for each topic. Learn more.

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audit auditor Technology Government 52

ThomsonReuters

JULY 8, 2021

Tax & Tech Talks: How to Achieve Global Statutory Financial Compliance. This topic is explored in a new episode of the Tax & Tech Talks podcast titled How to Achieve Global Statutory Financial Compliance. Support iXBRL digital file mandates enacted in many jurisdictions for the submission of financial statements.

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Technology accounting and finance general ledger accounting principles 98

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. Advisory Roundtables are virtual peer-to-peer events to connect and share with peers about best practices, challenges, and hot topics.

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Ryan Lazanis

JULY 11, 2023

In this blog post, I share my insights about the job and the best staff accountant description template that will help you captivate the top candidates. A staff accountant primarily serves as a key financial advisor and strategist, overseeing crucial aspects of financial management and various accounting procedures.

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accounting jobs accountant jobs accounts jobs Account 40

Going Concern

FEBRUARY 12, 2024

That’s been happening across the industry, according to Adrienne Gonzalez, who edits the accounting blog Going Concern. ” Auditing financial statements is a bit like trying to put together a jigsaw puzzle blindfolded. Do you have room?’ And we don’t,” said Jenni Merrell, a CPA in Chico, California.

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auditor Account accountant accounted 67

ThomsonReuters

MAY 12, 2023

An example might look like a firm using automated bots to respond quickly to customer inquiries; another might be using AI-powered audit tools to review financial statements more efficiently; still, others are utilizing predictive analytics solutions to identify potential risks before they become costly problems for the business.

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cpa firm CPA Technology cpas 52

ThomsonReuters

JUNE 15, 2021

“When you have 60, 70, 80 percent of a transaction price going to goodwill, financial results have to be there, and the question is within a year or two years are the economic results going to be there that are going to justify that level of goodwill.”. #3. Segment Reporting. Accounting Staff.

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ThomsonReuters

NOVEMBER 11, 2020

The first and most important topic to address is going concern and liquidity. If an assessment of financials reveals substantial doubt about your ability to continue as a going concern, the reasons why must be reported, as well as any actions your company plans to take to address the adverse circumstances or events that have affected it.

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ThomsonReuters

APRIL 18, 2023

Misapplication of GAAP standards For today’s accounting professionals, and all of those involved in financial reporting, p reparing financial statements that are in compliance with generally accepted accounting principles (GAAP) is essential. GAAP violations, such as errors or omissions, can be costly and can hurt credibility.

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Account accountant accounted Technology 52

Snyder

MAY 27, 2022

Managerial accounting also investigates three main topics in running a small business: Reviewing products. This one is mostly about providing financial and business-crucial statistics about all business processes. While managerial accounting has already been explained, financial accounting hasn’t received enough attention.

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managerial accounting financial accounting Account accountant 98

Menzies

FEBRUARY 13, 2023

Failure to apply IFRS 15 properly could lead to a material misstatement of revenue and profit in a business’ financial statements. Blog How will the new accounting standards impact construction companies? Blog How will the new accounting standards impact construction companies? read more What is IFRS 16?

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audit chartered accountant accounting standards Construction 10

SkagitCountyTaxServices

JANUARY 5, 2024

Now, now part one of this topic (which you can find in the blog archives) was about selling your business and some of the practical considerations that should play into decision-making. I’m here to pick up that subject again, this time addressing more of the financial elements, like taxes and business valuation.

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Tax financial statements Sales Legal 75

Basis 365

MARCH 30, 2023

We have previously written a blog about each of the three alternative options in more detail that may be of use. If you perform the service now and get paid 3 months later, having that revenue hit three months from now when you incurred the expense of performing that work today would result in unhelpful financial statements.

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accrual accounting Account accountant accounted 52

ThomsonReuters

AUGUST 2, 2022

In fact, it’s how most entry-level positions start out—entering trial balance data into engagement software, formatting financial statements, or scanning spreadsheets for inaccuracies. This includes researching and sharing insights on the tax topics and trends that affect your clients most.

accounting firms 98

accounting firms Technology Account accountant 98

Ryan Lazanis

APRIL 4, 2022

Financial statements preparation? For the long term though, there is no better platform than WordPress, especially if you plan on blogging. based out of Australia: Blog & contact pages. Lastly, your blog and contact pages are pretty self-explanatory. How to Start an Accounting Business: Start a Blog.

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bookkeeping bookkeeping services accounting firms Technology 98

ThomsonReuters

FEBRUARY 29, 2024

Next are two sets of three-digit numbers that identify the topics and, when applicable, subtopics or sections. When a topic, subtopic or section appears in two or more parts of the code, the same number is used. Blog Guide to accountant responsibilities : from practice areas to job duties to AI changing the profession.

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Going Concern

NOVEMBER 20, 2023

Here’s an article from AccountancyAge on mental health in the profession : In the precise and structured realm of accounting, the topic of mental health is often an overlooked narrative. Behind the precision of financial statements and the clarity of audits, accountants confront a set of unique challenges.

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ThomsonReuters

AUGUST 29, 2023

If your firm is like most, your staff spends a good portion of the day formatting financial statements, entering trial balance data, and cleaning up spreadsheets. The post Building a connected ecosystem: Integrating APIs for seamless accounting workflows appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

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Technology Account accountant accounted 52

inDinero Accounting

JANUARY 9, 2023

Below we’ll dive into more specific accounting topics for startups. The COA lays out all of your assets and liabilities and provides a comprehensive picture of the financial health of your business. It’s also an accountant, not a bookkeeper, who would generally conduct internal financial audits.

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inDinero Accounting

JANUARY 9, 2023

Below we’ll dive into more specific accounting topics for startups. The COA lays out all of your assets and liabilities and provides a comprehensive picture of the financial health of your business. Check out these other blogs with tips on how to grow your startup: 6 Strategies to Help Any Startup Stay Organized. Bookkeeper.

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Account accountant accounted accrual accounting 52

ThomsonReuters

MARCH 17, 2021

He shared his thoughts about whether technology will impact the way the board sets standards and provided the most current view of the board’s work on segment reporting, goodwill, government assistance, debt, and a slew of other topics. TR : Shifting gears a bit to other topics trending in the marketplace. Absolutely.

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