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Tokenization: Transforming Finance and Elevating the Role of Accounting and Audits

Withum

Accountants will be instrumental in designing and reviewing these smart contracts to ensure compliance with accounting standards and regulations. They will play a vital role in aligning the terms and conditions of smart contracts with the underlying accounting principles.

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The Importance of an Accurate Balance Sheet

Basis 365

Complying with Accounting Standards and Tax Regulations An accurate balance sheet is also vital for complying with accounting standards and tax regulations. It helps ensure that your financial statements are prepared by following generally accepted accounting principles (GAAP).

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The Importance of an Accurate Balance Sheet

Basis 365

A proper balance sheet can increase your chances of securing the funding you need to grow your business because financier’s will have more confidence in your accounting systems. Complying with Accounting Standards and Tax Regulations An accurate balance sheet is also vital for complying with accounting standards.

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

KPMG has gone above and beyond my expectations of a Big 4 accounting firm because of their attention they give their employees. FASB also rescheduled its upcoming webcast that will provide a semi-annual update on its standard-setting activities pertaining to private companies and nonprofit organizations.

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AICPA Dealership Conference – Updates and Takeaways

Withum

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. This year, a group from Withum attended to bring all of the best information back to our clients and our team.

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Friday Footnotes: Deloitte Partner Scammed By Other Deloitte Partner; Big 4 Legal Grows; A $3.5 Billion Error | 2.17.23

Going Concern

” Big Four: EY, Deloitte, KPMG, and PwC step on law firms’ toes increasing legal revenue to £1.25bn [ City A.M. ] The Big Four accounting firms – EY, Deloitte, KPMG, and PwC – are capturing an ever-larger share of the global market for legal services. Regulators are, in general, supportive.”

Legal 98
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Friday Footnotes: A World Without Accountants; GAO Finds a Big Mistake; ‘Fazbie’ | 8.5.22

Going Concern

Meet the accountants who may become the new power brokers of taxes. [ China authorities have long been reluctant to let overseas regulators inspect local accounting firms, citing national security concerns. The post Friday Footnotes: A World Without Accountants; GAO Finds a Big Mistake; ‘Fazbie’ | 8.5.22

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