Going Concern

AUGUST 12, 2022

note: fans of accounting headlines are encouraged to sign up for our newsletter to get headlines delivered to your inbox twice a week. How to follow up after a job interview [ Journal of Accountancy ] You aced the job interview. What’s next? You’re not alone if you’re uncertain about what to do after an interview.

auditor 98

auditor Account accountant accounted 98

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

Account 52

Account accountant accounted Technology 52

Nancy McClelland, LLC

MARCH 6, 2022

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. Some of the topics that will be covered include: Meals and Entertainment, 163(j) Interest Expense Limitation, Net Operating Losses, R&D Tax Credit Update, and State Taxes Post Wayfair.

Agriculture 52

Agriculture Account accountant accounted 52

Going Concern

MARCH 24, 2023

Journal of Accountancy ] Pandemic pressures have worn the workforce thin, and the economy is in the thick of rapid, radical change. Many practitioners in public accounting are feeling burned out. It’s time for firm leaders to ensure their businesses are on course to not just survive but thrive. CLA, 8th Largest U.S.

auditor 104

auditor audit Entertainment Real Estate 104

CPA Practice

SEPTEMBER 26, 2023

FloQast , a provider of accounting workflow automation software created by accountants for accountants, has announced several new additions to its cloud-native Accounting Operations Platform, which enables customers to streamline and manage the Financial Close, Finance and Accounting Operations, and Compliance Programs.

Entertainment 40

Entertainment accounting and finance audit Technology 40

CPA Practice

SEPTEMBER 14, 2023

FloQast , a provider of accounting workflow automation software created by accountants for accountants, has announced several new additions to its cloud-native Accounting Operations Platform, which enables customers to streamline and manage the Financial Close, Finance and Accounting Operations, and Compliance Programs.

Entertainment 40

Entertainment accounting and finance audit Technology 40

KROST

JANUARY 26, 2021

Paren Knadjian ( Practice Leader, M&A, and Capital Markets ), Stacey Korman, CPA ( Principal ), Sossi Bekarian, CPA ( Senior Manager ), and Jeff Kamin, CPA ( Manager, Accounting, ERTC ) hosted a second session on the PPP Second Draw Program & Employee Retention Credits webinar. Accounting , Sports & Entertainment.

Entertainment 61

Entertainment CPA Manufacturing accounting and finance 61

Going Concern

JULY 28, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. According to his family, he originally had planned to become a chemical engineer but changed to accounting because of ongoing prejudice against Jews. News Obituary of Jerome A.

Gambling 97

Gambling audit Technology accounting firms 97

ThomsonReuters

APRIL 18, 2023

Therefore, preparing financial statements that are in compliance with generally accepted accounting principles (GAAP or U.S. GAAP) is paramount for accounting professionals and all of those involved in financial reporting. Principle of Continuity: The accountant assumes that the business will continue to exist.

accounting principles 52

accounting principles accounting and finance financial statements accounting standards 52

Going Concern

APRIL 15, 2022

To counter this perception, the accounting profession could be rebranded as a foundational force of social stability and progress, and not just as “a job” with long hours and low return on investment (ROI) on education. There is another way of putting this: Accounting is a profession whose brand has not been diluted.

accounting firms 52

accounting firms audit Account accountant 52

KROST

JULY 15, 2021

The Technology Issue highlights some of the hot topics in the technology industry including Client Accounting Services (CAS), Nonfungible Tokens, the Effect of Upcoming Changes to IRC Section 174 on the Software Development Industry, and more. Accounting , Technology Industry. Sossi Bekarian, CPA, is an Accounting Manager at KROST.

Technology 52

Technology CPA Real Estate accounting and finance 52

FraudFiles

FEBRUARY 3, 2022

Basic financial documents to request or subpoena: All personal balance sheets and financial statements for the last 5 years. Copies of personal financial statements prepared for any purpose in the last 3 years. List of any loans, accounts, or claims receivable with parties, terms, and full details.

Real Estate 52

Real Estate tax return income tax accounting and finance 52

xendoo

MAY 16, 2023

For example, if your deductions include certain expenses like entertainment, you can’t claim the Cohan rule. Keep in mind that some vendors might charge a fee for their time to retrieve past invoices, receipts, and other statements. During the chat, we’ll get to know your business and its bookkeeping and accounting needs.

audit 52

audit bookkeeping tax return cpas 52

xendoo

MAY 16, 2023

For example, if your deductions include certain expenses like entertainment, you can’t claim the Cohan rule. Keep in mind that some vendors might charge a fee for their time to retrieve past invoices, receipts, and other statements. During the chat, we’ll get to know your business and its bookkeeping and accounting needs.

audit 52

audit bookkeeping tax return cpas 52

Withum

FEBRUARY 1, 2023

Every year the top dealership accounting firms and CFOs converge to discuss the latest hot topics as they relate to dealerships and dealership accounting issues. Once the election is made, the taxpayers must use this method of accounting for 5 years beginning from the tax year the election was made.

accounting and finance 52

accounting and finance income tax Tax CPA 52

ThomsonReuters

SEPTEMBER 2, 2021

Other types of provisions a business typically accounts for include bad debts, depreciation, product warranties, pensions, and sales allowances. Tax provisions are considered current tax liabilities for the purpose of accounting because they are amounts earmarked for taxes to be paid in the current year. Apply the current tax rate.

income tax 52

income tax Tax corporation tax accounting and finance 52

Ryan Lazanis

JUNE 8, 2023

Online accountant forums can be a valuable resource for accounting professionals looking to expand their knowledge, connect with peers, and stay up-to-date on industry trends. In this post, we’ll explore the benefits of participating in online forums for accountants and enumerate which ones are worth joining.

online accounting 52

online accounting Account accountant accounted 52

Going Concern

APRIL 22, 2024

Thomson Reuters writes about the National Pipeline Advisory Group (NPAG), one of the AICPA’s multi-faceted initiatives to address the accounting talent crisis. The accounting talent pipeline discussion in the press and social media has centered around the idea of modernizing the licensure requirements.

auditor 103

auditor Account accountant accounted 103

Snyder

DECEMBER 28, 2022

Tax auditors will go through your financial statements, such as your profit and loss statements and balance sheet for each year under examination. Other source documentation, such as invoices, receipts, and bank statements, might also be required. Do the following: Use automated accounting software.

audit 98

audit Tax tax return auditor 98

Withum

JULY 28, 2022

500 – 521); OR an audit of the entity’s financial statements; OR a compliance examination performed under the AICPA’s SSAE [AT-C 315, Compliance Attestation ] and GAGAS For-profit entities that are audited : These entities will not need an additional audit under Government Auditing Standards to meet the grant’s requirements.

audit 65

audit Non-Profits Entertainment financial statements 65

Withum

MARCH 7, 2022

500 – 521); OR An audit of the entity’s financial statements. They will simply submit their audited financial statements with the grant. Theatre, Entertainment and the Arts Services. For more information, please reach out to Withum’s Theatre, Entertainment and the Arts team. Get in Touch. Contact Us.

audit 65

audit Non-Profits Entertainment financial statements 65

ThomsonReuters

FEBRUARY 17, 2022

Americans and global citizens alike hold an expectation that the data they consume will come with a visual element – whether in school, at work, or while experiencing their preferred choice of entertainment. How is visual storytelling changing the way accounting firms communicate financial data? What is visual culture?

Entertainment 52

Entertainment accounting firms financial statements Tax 52

Going Concern

FEBRUARY 2, 2024

In 2014, real estate investment trust Ventas had to fire EY when the company discovered an inappropriate relationship between an audit partner and the company’s former chief accounting officer and controller. That’s one person who held both titles, not a polyamory situation. Wouldn’t that have been fun!

auditor 12

auditor audit Sports Real Estate 12

Anders CPA

DECEMBER 1, 2023

Intro (00:00:00) – Welcome to the Modern CPA Success Show, the podcast dedicated to helping accounting firms stay ahead of the curve. Join us as we change the way people think about accounting. And so we developed the model and that was really my kind of my segue into being more of a forward looking accountant into forecasting.

Start-ups 52

Start-ups Legal Non-Profits CPA 52

Going Concern

MAY 6, 2024

Borgers with deliberate and systemic failures to comply with Public Company Accounting Oversight Board (PCAOB) standards in its audits and reviews incorporated in more than 1,500 SEC filings from January 2021 through June 2023. Last weekend’s weekend discussion: It’s Mental Health Awareness Month. a BF Borgers client.

auditor 95

auditor audit Account accountant 95

Going Concern

MARCH 15, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Accounting giant renews lease in downtown S.F. —

auditor 113

auditor audit cpas Iowa 113