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National Society Of Accountants For Co-ops Upcoming Webinars

Nancy McClelland, LLC

I often write and speak about my experiences as a co-op accountant, and how challenging it was to become an expert in the field with so few resources. This CLN will address the core issues impacting the macroeconomy, agricultural commodity markets, and the agricultural economy with particular focus on the effects of COVID-19 and inflation.

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Accounting in farming

Martin Quinn

This made me think about what we teach (or do not) about accounting for farming. One might think it is something which should be covered in an accounting syllabus at university, but it in my experience it is not. I have never been taught or have I taught IAS 41 Agriculture. My previous post was on a new definition of accounting.

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Here’s How Much Audit Fees Have Increased in the Last Twenty Years Making Us Wonder Why Salaries Didn’t Do the Same

Going Concern

Accounting standards ASC 606 Revenue from Contracts with Customers, ASC 842 Leases, and ASC 326 Financial Instruments – Credit Losses required companies to change existing accounting and financial reporting standards. Total audit fees reached nearly $16.8 billion in FY 2022, increasing 0.6% 2 EY $4,272.2

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ADM delays annual report, warns on internal controls

Accounting Today

The Chicago-based agricultural commodity trader said the issue with internal controls relates to the way it reports sales between segments.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. UK accounting sector needs to put more emphasis on its people [ AccountancyAge ] Across the UK, increasing turnover rates have been observed across barrios sectors.

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Preparing for Upcoming ESG Disclosure Requirements

Withum

Companies will have to disclose specific ESG information that regulators and accounting standards require. ESG reporting standards are transitioning from the wild west to ridged government and accounting-imposed standards. Below is a summary of some sustainability reporting standards companies will be subject to.