Baruch Lev

JULY 11, 2021

The Wall Street Journal reported (July 1, 2021) that the International Accounting Standards Board (IASB), the accounting body that sets the financial reporting rules of public companies in more than 140 jurisdictions ? So, accounting standard-setters have their work cut out for them. but not in the U.S. — How do I know?

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ThomsonReuters

FEBRUARY 1, 2024

Jump to: What are the GAAP accounting rules? What are the main principles of the GAAP framework? GAAP rules for outstanding checks Staying up to date with GAAP standards Accurately tracking and presenting financial information can be complex, even for smaller organizations. So, what are the GAAP accounting rules?

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Shay CPA

MARCH 22, 2023

These notable Section 174 changes can directly impact: Taxable income The estimated taxes you owe in 2022 Income tax provisions for financial statement purposes More details to know There are special rules under Section 174 that exclude Land and Exploration expenditures.

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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. In order to use the LIFO method, a taxpayer must file Form 970 with their tax return to make the election.

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ThomsonReuters

AUGUST 25, 2023

For professionals in the tax and accounting industry, there are multiple types of depreciation — namely, tax and book. This article will explore some of the differences and how accountants can better manage both book and tax depreciation. What is book depreciation?

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Cherry Bekaert

FEBRUARY 8, 2023

The Financial Accounting Standards Board (FASB) issued only six new Accounting Standard Updates (ASUs) and the Government Accounting Standards Board (GASB) issued only three new GASB Statements in 2022. Likewise, if a SWAP is amended, this can result in loss of special hedge accounting treatment.

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Snyder

MARCH 6, 2023

Our fast-paced world has transformed many jobs, but few seem to have changed as much as what accountants typically did even 20 years ago compared to today, next year, or the next decade. So, let’s look at the accountant roles of today and the current trends that influence what the roles of an accountant of tomorrow will entail.

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inDinero Accounting

JANUARY 9, 2023

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth. What Makes Accounting Services for Startups Different?

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inDinero Accounting

JANUARY 9, 2023

What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant. Getting Started with Startup Accounting. Accountants’ specialized knowledge can support your startup business in many ways. Table of Contents. Getting into legal troubles.

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inDinero Accounting

JUNE 24, 2021

At inDinero, we believe accounting supports business. If a business owner doesn’t understand an accounting term , we don’t use another accounting term to explain it. We specialize in accountants who speak business to business owners and CEOs. Sometimes there’s just no avoiding accounting speak.

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