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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline. Certainly, credit goes to all who are attempting to do something.

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Different Types of Accounting Methods (And How to Choose the Right One for Your Business)

Analytix Finance & Accounting

The difference often comes down to one unsexy but critical decision: their accounting method. Your accounting method isn’t just some administrative choice, it’s the foundation of your financial decision-making system. Step-by-step decision framework to choose your perfect accounting approach. Think about it.

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[05/10/21] Non-GAAP Earnings -Wishful Thinking or Real Profits

Baruch Lev

billion, were almost identical to same – quarter a year earlier, but GAAP (generally accepted accounting principles) earnings—a loss per share of 49 cents—tumbled 126% from a year earlier. most investors regard non-GAAP earnings as more relevant to their decisions than the accounting-based, and largely irrelevant GAAP earnings.