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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.

Account 114
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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.

Account 52
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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.

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What to Look for in an Accountant

MazumaBusinessAccounting

Experienced accountants use the financial data to prepare your business taxes, a task most business owners would be happy to get off their plate. Aside from rote bookkeeping and tax filing, the most significant value-add from a small business accountant is financial analysis and teaching basic accounting concepts.

Account 52
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What to Look for in an Accountant

MazumaBusinessAccounting

Experienced accountants use the financial data to prepare your business taxes, a task most business owners would be happy to get off their plate. Aside from rote bookkeeping and tax filing, the most significant value-add from a small business accountant is financial analysis and teaching basic accounting concepts.

Account 52
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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.