article thumbnail

My Teaching Method

Withum

Additionally, I received an innovative teaching award, so I could consider myself an experienced educator. This course has a clear objective introducing the students to financial accounting, the accounting cycle, fundamental accounting concepts for business transactions, and preparing and analyzing financial statements.

article thumbnail

Study: ChatGPT Won’t Be Replacing Accounting Professors In the Near Future

Going Concern

If you’re a high school student and future accounting major hoping to receive your undergraduate education from a friendly chatbot, we’re sorry to say that won’t be happening any time soon.

accounted 115
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AICPA Announces Recipients Teaching Awards

CPA Practice

These educators have years of study and experience behind them and have contributed so much to accounting education, yet they continue to innovate in the classroom, bringing the topics of today to life for their students.” Additionally, Vernon J.

cma 72
article thumbnail

FASB Took It Easy in 2022

Going Concern

In 2022, FASB sought public comment nine times , two of those exposure drafts are reaching comment deadline this month: Proposed Accounting Standards Update—Leases (Topic 842): Common Control Arrangements and Proposed Statement of Financial Accounting Concepts No. So hurry up and get those comments in or forever hold your peace.

article thumbnail

Working With an Expert Witness

FraudFiles

Although attorneys are educated in many facets of the law, they are not necessarily numbers experts. From there, legal counsel should look for an expert who can immediately discuss accounting concepts and case theory in a way that the attorney can understand. Preparation and prior experience are critical to testifying well.

article thumbnail

The Power of Relational Accounting: Beyond Data-Driven Client Advisory Services

CPA Practice

When discussing complex accounting concepts, use clear and relatable language to ensure your clients grasp the information. She is well-versed in overseeing marketing, sales, customer programs, and education. Communicate with empathy and clarity Effective communication is the foundation of solid relationships.

article thumbnail

Overview of Cost Accounting Standards (CAS) for Government Contractors

Cherry Bekaert

This article delves into all aspects of government contract Cost Accounting Standards as they apply to commercial organizations, including the history of the standards, exemptions, applicability, consequences of noncompliance, when to prepare for CAS and what you can do before the award of a CAS-covered contract.