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The Farming Business’s Guide to Agricultural Accounting

Patriot Software

Like any business, you need up-to-date accounting records if you run a farm, ranch, or related operation. But, some aspects of agricultural accounting—like livestock and land—are specific to farming businesses. Agricultural accounting Q&A Farm accounting tax forms What’s considered a “farm business?”

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Minnesota Accounting Firm Joins CLA Global

CPA Practice

Christianson PLLP joined has joined CLA Global Limited (CLA Global), an organization comprised of independent accounting and advisory firms, as an alliance member in the United States. Based on reported 2021 fee income, Accountancy Age ranked CLA Global 15th among the top global accounting and advisory organizations in the world.

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Minnesota Accounting Firm Joins CLA Global

CPA Practice

Christianson PLLP, an accounting firm headquartered in Willmar, Minnesota, has joined as an alliance member of CLA Global. CLA Global Limited is an organization comprised of independent accounting and advisory firms. CLA Global was founded on July 1, 2022, by CliftonLarsonAllen LLP and Evelyn Partners.

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ADM accounting probe highlights struggle to expand

Accounting Today

Archer Daniels Midland stunned the agricultural trading and processing world with its bombshell that its CFO is on leave pending an investigation into accounting practices.

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This Accounting Job Will Become Scarcer in the Next Five Years, WEF Predicts

CPA Practice

According to the WEF’s report, the jobs that businesses expect to grow the most relative to the existing proportion of their labor force for today are: AI and machine learning specialists Sustainability specialists Business intelligence analysts Information security analysts Fintech engineers Data analysts and scientists Robotics engineers Big (..)

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Accounting Firms Should Think Twice About Leasing Solar Panels

CPA Practice

Kiplinger Consumer News Service (TNS) “I am the CEO of an accounting firm that is looking into leasing a solar system for our 8,000-square-foot office building. As Chris explained, every month, Vivint, which was taken over by Sunrun in 2020 , would make automatic deductions from his bank account to pay for the energy the system produced.

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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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