Accounting Insight

JANUARY 15, 2024

According to the 2020 Accountancy Age “Top 50+50” survey, almost half of all certified accountants were women (45.47%). Women make up nearly half of all accountants globally, a testament to their talent and dedication to the field. However, their presence shrinks dramatically when it comes to leadership roles.

Account 59

Account accountant accounted accounting and finance 59

Basis 365

MAY 25, 2022

Even accounting can be complicated because it is not one of the most exciting aspects of owning a business. Is it better to outsource accounting? Outsourced accounting services are becoming more popular with small and large businesses. Outsourcing accounting is a great way to achieve this. Can you outsource accounting?

bookkeeping 98

bookkeeping Account accountant accounted 98

Accounting Insight

JULY 27, 2023

An accountant and mentor has been Highly Commended for her third business book at a national award ceremony celebrating quality and variety. Della Hudson, of Minerva Accountants in Bristol and Somerset, has written Changing the Numbers: How to deliver advisory services for maximum success for fellow accountants.

institute of chartered accountants 52

institute of chartered accountants Account accountant accounted 52

Going Concern

DECEMBER 20, 2022

I made my entrée into accounting way back in 2007, at the time my job involved a three-hour roundtrip journey across four Bay Area counties and back and I was looking for something a bit closer to home. They say accounting is recession-proof, I had an inside view during the worst recession of our lifetime and must agree. WSJ graphic.

Account 119

Account accountant accounted accounting and finance 119

Going Concern

MAY 26, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting firm is embroiled in a national scandal over its use of confidential information about proposed tax laws to drum up business. Have a safe Memorial Day. million over a decade.

public accounting 104

public accounting Account accountant accounted 104

Xero

APRIL 6, 2023

Our recent research found that accountants are facing a number of serious challenges, so we want to put a spotlight on their brilliant work, and their lives beyond the industry. They tell us more about the misconceptions they face, how their side projects complement their day-to-day roles, and why they love the accounting industry.

Account 83

Account accountant accounted accounting and finance 83

Going Concern

APRIL 21, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. But that might be the least of it: The outlook for EY’s business of charging for advice and accounting is getting weaker in the U.S. A failed breakup attempt cost the company $600 million.

Account 105

Account accountant accounted audit 105

Accounting Insight

AUGUST 8, 2023

Accounting fraud causes serious damage. According to the latest report by the Association of Certified Fraud Examiners (ACFE), Occupational Fraud 2022, accounting fraud is the type of business fraud that causes the highest losses to companies. This is what happened with the Madoff case in 2008 or the Wirecard scandal in 2020.

Account 52

Account accountant accounted auditor 52

Airbase

AUGUST 11, 2023

As a result, more and more finance teams now realize the advantages of a continuous close, sometimes called a “rolling close.” It also allows finance teams to answer the question, “How am I doing against the budget right now ?” Why are strategic finance leaders rethinking their approach to closing the books? And why now?

Technology 244

Technology accounting and finance NetSuite Finance 244

Going Concern

SEPTEMBER 1, 2022

Last week, we published a letter written to Fortune by a former CPA who pivoted to driving 18-wheelers and found far more career happiness than he ever would have in accounting (good for him). Accounting and being a CPA have been the worst personal decision and professional organization I’ve been a part since passing.

cpas 98

cpas cma Real Estate accounting and finance 98

inDinero Accounting

MAY 11, 2021

The rapid advancement of accounting software has led to the underutilization of resources. Not knowing how effectively accounting uses software (on-premises or in the cloud) is a costly business ops issue that your chief financial officer should monitor across the organization, especially in accounting.

Technology 97

Technology Account accountant accounted 97

CPA Practice

JULY 25, 2023

This webinar will look at common and not so common lies accountants tell themselves. Field of Study: Business Management and Organization Register Today Presented by Ryan Lazanis , CPA founded Xen Accounting, a 100% cloud-based accounting firm, in 2013. Already registered for this webinar? Click here to log in.

Account 52

Account accountant accounted Indiana 52

CPA Practice

FEBRUARY 8, 2024

By Jeff McDonald, The San Diego Union-Tribune (TNS) A longtime accountant for the San Diego City Treasurer’s Office who says she was fired after refusing to sign off on findings her bosses changed has agreed to accept hundreds of thousands of dollars from taxpayers to settle her lawsuit. The “Yellow Book” is the U.S.

audit 59

audit Account accountant accounted 59

CPA Practice

JANUARY 18, 2023

61% of employed North Americans are more stressed about their finances today than they were a year ago – and are experiencing the highest level of financial stress since the financial crisis of 2008. One in two workers in North America who had an emergency saving account tapped into it to pay for necessities in 2022 (54%).

Finance 115

Finance accounting and finance Entertainment Government 115

Going Concern

JUNE 15, 2023

Prior to 2007 I had little idea the accounting profession existed. This cross-disciplinary knowledge covers accountancy, business law, corporate finance, human resources, information technology, marketing/sales, and operations. The article is “The Crisis in Accounting Education” by Alexander L.

Account 59

Account accountant accounted Education 59

ThomsonReuters

MARCH 21, 2023

Are members of your accounting team among them? experienced its first annual decline in a decade — dropping from 36 percent engaged employees in 2020 to 34 percent in 2021. Active disengagement has been on the rise each year since 2020. A 2022 Gallup survey found that employee engagement in the U.S.

Account 52

Account accountant accounted accounting and finance 52

Going Concern

FEBRUARY 19, 2024

Deloitte said: “We are considering restructuring parts of our advisory corporate finance business. When Evergrande’s auditor, PricewaterhouseCoopers in Hong Kong, signed off on the company’s 2020 financial statements, it didn’t include a so-called going concern warning. Lee has led CI since October 2020. CHECK THIS DUDE OUT.

auditor 59

auditor Account accountant accounted 59

ThomsonReuters

MAY 19, 2021

Historically, accounting for lease modifications is an area you may have found an infrequent need to address. These adverse circumstances have served to place a spotlight on the necessity for entities to have processes and systems in place to account for lease modifications properly.

Account 98

Account accountant accounted Real Estate 98

Menzies

DECEMBER 11, 2023

Menzies LLP - A leading chartered accountancy firm. Our corporate finance team has continued to demonstrate the undoubted value they add for clients by continuously providing solution orientated, commercially sound and proactive advice.

Finance 59

Finance chartered accountant accounting and finance accounting firms 59

ThomsonReuters

JANUARY 3, 2022

Supply-chain finance is nothing new; it’s been?around Greensill Capital collapsed in early 2021 when it lost financing after its shady practices came to light. Understanding the supply-chain finance process. In general, the financing arrangement is one where: . And lenders get their financing fees.

Finance 98

Finance accounting and finance auditor accounting standards 98

CPA Practice

JANUARY 18, 2023

61% of employed North Americans are more stressed about their finances today than they were a year ago – and are experiencing the highest level of financial stress since the financial crisis of 2008. One in two workers in North America who had an emergency saving account tapped into it to pay for necessities in 2022 (54%).

Finance 98

Finance accounting and finance Entertainment Government 98

Going Concern

MARCH 20, 2023

AICPA: “The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline.” Brazilian securities watchdog launches new probes into Americanas accounting fiasco Have a good one!

audit 95

audit Account accountant accounted 95

Going Concern

APRIL 20, 2022

As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.

Account 52

Account accountant accounted CPA 52

SingleTrackAccounting

DECEMBER 2, 2020

I’m talking about a little time called the beginning of 2020. 2020 has tested us and revealed our strengths and weaknesses. By getting out of your comfort zone, you may have unlocked new, exciting transformations you never would have known existed if it weren’t for 2020. 4) Don’t get over your skis with your finances.

accounting and finance 52

accounting and finance bookkeeping Technology Tax 52

CPA Practice

NOVEMBER 6, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. The program allows UMCS students to kickstart their careers by developing their accounting, finance, and business skills and earning prestigious professional qualifications alongside their university studies.

Texas 114

Texas Georgia accounting and finance Virginia 114

CPA Practice

DECEMBER 28, 2023

Then there’s the bigger economic picture to consider: Mortgages aren’t as cheap as they were in 2020 and 2021. “If If you put money into a retirement account, you might be able to take advantage of perks like employer matching and tax breaks. Cons: —Stocks are volatile and there are no guarantees.

Finance 98

Finance Real Estate Florida Tax 98

PYMNTS

JULY 22, 2020

The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Julie Negrete-Anderson , founder and chief operating officer, OnPay Solutions. Recent events have irrevocably changed the way finance departments operate, bringing to light glaring issues with the current processes.

Accounts Payable Automation 60

Accounts Payable Automation accounts payable Technology Account 60

MineralTree

DECEMBER 15, 2022

In any organization, the accounts payable (AP) department is responsible for handling and processing payments. What is Compliance in Accounts Payable? Compliance in accounts payable refers to the practice of following laws, regulations, and standards related to handling payments. Let’s take a closer look.

accounts payable 52

accounts payable AP Automation Account accountant 52

Pooley Accounting Services

OCTOBER 7, 2021

A 2020 survey found that construction businesses blame delays on:: Change orders (62%), Weather (60%), Poor project coordination (54%), Delayed payments (12%). The delays ripple through a general contractor’s finances as well. By following these four best accounting practices, contractors can achieve more than a 28% success rate.

Account 52

Account accountant accounted Construction 52

Going Concern

JANUARY 29, 2024

Accounting Ranks First In Something Good For Once More 2. We are in the midst of a transformation, if not a revolution, whereby the role of an “accountant” is no longer confined to ledgers and balance sheets, but extends to realms previously unimagined. To No One’s Surprise Except the AICPA’s, AICPA Membership Is Falling 4.

auditor 52

auditor cpa firm Account accountant 52

Going Concern

MAY 1, 2023

Law firms have long fretted about the scale of competition they’d face should accounting firms plunge into the US legal practice, as they have done in Asia and South America. Think about the resources they can bring to bear,” Marcie Borgal Shunk, president of the Tilt Institute law firm consultancy, said of accounting operations.

Tax 59

Tax Account accountant accounted 59

DMCL

JANUARY 31, 2020

We are excited to announce Fraser Ross, CPA, CA as the new DMCL Office Managing Partner, effective January 1st, 2020. He provides accounting, assurance, taxation and business advisory services to owner-managed businesses, not-for-profit organizations and individuals. Fraser has been a partner in our Private Enterprise group since 1999.

cma 52

cma corporation tax CPA accounting and finance 52

CPA Practice

OCTOBER 5, 2023

The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and a coalition of other stakeholders, is launching a new, national survey to gain fresh insight into what’s driving the decline in individuals pursuing the certified public accountant (CPA) credential.

CPA 119

CPA Rhode Island cpas Montana 119

PYMNTS

DECEMBER 24, 2020

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher.

Massachusetts 103

Massachusetts accounting and finance Education Technology 103

ThomsonReuters

JUNE 24, 2021

It is no secret that the tax and accounting industry has a talent shortage. According to this article , 81% of finance leaders say they have difficulty finding talent, 71% say recruiting is top of mind, and 50% say that lower-level talent is the hardest to find. Supreme Court decision in mid-2020.

Account 52

Account accountant accounted cpas 52

Going Concern

JANUARY 4, 2024

FT ‘s Stephen Foley has written an opinion piece for, you guessed it, FT on the profession’s deadest of horses: the accountant shortage. ” Actually they use the words “came together” on the website but I refuse to use that phrase as I’m perpetually 15 years old.

accounting and finance 114

accounting and finance public accounting Account accountant 114

Going Concern

OCTOBER 11, 2023

The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and other stakeholders, has launched a survey to figure out why modern day accounting students and professionals are so uninterested in pursuing the CPA credential.

CPA 111

CPA accounting and finance Illinois cpas 111