Going Concern

JANUARY 2, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate

Going Concern

JANUARY 9, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate

Going Concern

JANUARY 17, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate

Menzies

JANUARY 7, 2025

Menzies LLP - A leading chartered accountancy firm. This could be particularly useful for transport and logistics companies who are looking to update their fleet of commercial vehicles after the diesel ban comes into force. One area that can sometimes be overlooked is capital allowances which provide tax relief on capital investment.

Tax

Going Concern

APRIL 24, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate

Going Concern

MAY 29, 2025

Struggling to Find Remote Accounting Talent? If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not aloneand you’re not out of options. Weve Got You Covered.

Real Estate

Going Concern

JANUARY 30, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate

Going Concern

JULY 24, 2025

Struggling to Find Remote Accounting Talent? If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not alone—and you’re not out of options. We’ve Got You Covered.

Real Estate

Going Concern

APRIL 3, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Tax

CPA Practice

JUNE 18, 2024

AI tools like ChatGPT can be used to streamline financial statement analysis and other client accounting service tasks. Here’s an example of what it can do with an income statement. Seek Professional Help: Accountant: Get a detailed financial analysis to identify other possible cost saving opportunities.

financial statements

Going Concern

AUGUST 29, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

Real Estate

Anders CPA

FEBRUARY 28, 2024

The trucking industry is a backbone for economies worldwide, but trucking business owners know well that the accounting process and practices within the industry are…dicey, at best. Accounting software is exceptionally important for transportation businesses and owner-operators alike, but it’s not going to solve every problem.

Transportation

Going Concern

OCTOBER 3, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate

MyIRSRelief

APRIL 29, 2024

But for these go-getters, navigating the complexities of running a business, especially the ever-challenging world of taxes and accounting, can feel overwhelming. This is where specialized tax and accounting firms step in, becoming a crucial partner for small businesses with under 100 employees.

Tax

MyIRSRelief

MARCH 15, 2023

Tax professionals, such as certified public accountants (CPAs), EAs enrolled agents and tax attorneys, can help you navigate the complex tax laws and negotiate with the IRS on your behalf. Depending on the amount of your tax debt and your ability to pay, the IRS may require you to set up automatic payments or provide a financial statement.

tax accountant

Anders CPA

AUGUST 19, 2024

With so many expenses (some prepaid, some belonging to multiple categories), it’s essential to follow industry best practices when you prepare your financial statements. The two big groups of expenses are purchased transportation and operating expenses, and each can be subdivided into several more categories.

Transportation

Anders CPA

JUNE 10, 2024

In a capital-intensive industry like transportation and logistics, a strong relationship with your financial institution can improve your bottom line by generating thousands of dollars of profit or enabling you to negotiate a better interest rate or a higher line of credit. Get Clean Financials Bankers speak the language of accounting.

Transportation

Going Concern

AUGUST 1, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

Real Estate

CPA Practice

JANUARY 2, 2024

PKF Mueller Joins Cherry Bekaert to Expand Chicago Market Reach Cherry Bekaery, an assurance, tax and advisory firm, recently completed an acquisition transaction with PKF Mueller , a full-service certified public accounting and business advisory firm located in the metropolitan Chicago area.

Illinois

Going Concern

JUNE 21, 2022

The plan would split up the firm’s accountants who audit companies like Amazon.com Inc. Much of the money raised in the IPO and borrowed by the consulting firm would go to pay off the firm’s auditing partners, who would remain in the traditional but slower-growing business of examining and signing off on companies’ financial statements.

audit

Cherry Bekaert

MAY 9, 2024

However, firms that are growing or are seeking growth by winning government contracts and working with State Departments of Transportation (DOTs) in particular may benefit from having an overhead rate audit performed. The firm should ensure that its financial statements are accurate and up to date.

audit

Going Concern

OCTOBER 27, 2022

” The administrators, whose job it is to find some funds to repay NMC creditors, say EY auditors did not detect that NMC’s accounts were fraudulently misstated to the tune of a couple billion dollars. The firm said the alleged fraud “involved the falsification and concealment of accounting records and other documents”.

audit

Cherry Bekaert

MAY 9, 2024

The Governmental Accounting Standards Board (GASB) has issued Statement No. 102, Certain Risk Disclosures , to provide users of government financial statements with essential information about risks related to a government’s vulnerabilities due to certain concentrations or constraints.

financial statements

PYMNTS

MARCH 1, 2018

Here are the numbers: 270 million | Number of bank accounts opened using the Aadhaar payments app, according to analyst estimates, meaning more transacting and banking is being done outside the traditional system. workforce by 2020.

Transportation

Going Concern

JULY 11, 2024

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Real Estate

Going Concern

NOVEMBER 14, 2022

Deloitte has been awarded a $199,600 contract to work on a public transportation system plan for the Cayman Islands. accounting regulators to inspect China-based audits is raising questions about the role of unregistered auditors in the Chinese gambling enclave of Macau, where several U.S.-listed listed casino businesses operate.

Account

Going Concern

AUGUST 22, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

Real Estate

Going Concern

MARCH 8, 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. District Court for the Southern District of New York said. Well, maybe not all.

audit

PYMNTS

APRIL 29, 2019

million after filing false financial statements and lying to auditors. As a result, the auditor was unable to sign off on Celadon’s previous financial statements. million settlement with the Securities and Exchange Commission (SEC) after the SEC charged the company with accounting fraud and internal control violations.

auditor

Basis 365

JULY 27, 2023

Efficiently managing inventory is crucial for maintaining accurate financial records and ensuring the smooth operation of the supply chain. Inventory management plays a significant role in eCommerce accounting, so let's review its impact on various aspects of the business.

E-commerce

Analytix Finance & Accounting

MAY 7, 2025

The difference often comes down to one unsexy but critical decision: their accounting method. Here’s the truth , 82% of business failures stem from poor financial management. Your accounting method isn’t just some administrative choice, it’s the foundation of your financial decision-making system.

accrual accounting

Going Concern

JANUARY 4, 2024

Moss Adams ranked #14 on the most recent INSIDE Public Accounting Top Howevermany list with $1.1 The requisite self-fellating news release quote: “For over 100 years, we’ve supported organizations as businesses advisors and accountants,” said Eric Miles, chairman and CEO of Moss Adams. Financial Services Practice).

Real Estate

Going Concern

APRIL 8, 2022

CPA firms show progress in diversity amid pipeline challenges [ Journal of Accountancy ] The AICPA finally got around to releasing their 2021 Trends report, which we’ll dissect shortly. in 2020) in the portion of new accounting graduate hires at CPA firms who are ethnically diverse. in 2018 to 34.7% in 2018 to 34.7% Tom Vilsack.

Iowa

Pooley Accounting Services

APRIL 28, 2022

Project accounting can be difficult to manage, especially if it includes tracking billable expenses on the go. When employees travel to a client’s location to install software or equipment, transportation and living expenses are billed to the client. Not only do delays impact financial statements, but they also hurt cash flow.

quickbooks

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

Withum

JUNE 8, 2023

Accounting software often presents limitations, such as a single expense account for all payroll expenses. The far left column of your firm’s overhead rate calculation, General Ledger Account Balance, should always agree to the financial statements or trial balance in total, regardless of the expenses that are disallowed.

general ledger

Snyder

JULY 1, 2022

Whether you’re running a successful business or just starting out, chances are that you know how much of a difference financial statements can make when it comes to attracting investors or applying for loans. What is a profit and loss statement (P&L)? Profit and loss statement vs cash flow statement and balance sheet.

Non-Profits