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CPA Candidates Given 12 Additional Months to Pass Exam, NASBA Says

CPA Practice

That’s because the board of directors of the National Association of State Boards of Accountancy (NASBA) approved an amendment to the Uniform Accountancy Act (UAA) Model Rules on April 21 that provides CPA exam-takers a rolling 30-month period to finish the other three sections of the exam, up from 18 months. Bravo NASBA.

CPA 89
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Average Bookkeeper Salary in the United States

Snyder

It might seem true at first glance, as accounting applications and software help to perform routine tasks and decrease the load that bookkeepers have in their jobs. Thus, less work for bookkeepers and accountants means that employers are going to hire fewer professionals. Factors contributing to the average bookkeeper salary.

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Security Demands Spur Virtual Debit Card Adoption

PYMNTS

Some parents are aiming to educate their children about finances by giving them spending money without worrying about providing payment methods that could boost their risk of COVID-19 infection. Major data breaches typically stick in consumers’ minds, and many are worried about keeping their debit card and account information safe.

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Why fix it? Paperless accounting benefits your clients

ThomsonReuters

Whether you’re on vacation or in COVID-19 lockdown, paperless accounting means you can work anywhere, at any time, with your clients and teammates and see no drop in productivity. . No more hunting for scraps of paper and file folders. Scan it, upload it, and relax. The internet is forever. . Access documents from anywhere.

Account 52
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Business Expenses and Tax Deductions: Indinero’s Ultimate Guide

inDinero Tax Tips

When that time comes, consider indinero’s accounting services. Choose your accounting method: cash or accrual The difference between these methods comes down to timing. Cash accounting means registering transactions only when money lands in or leaves your account.

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Accrual Accounting vs Cash Accounting: What Is the Difference Between Accrual and Cash Accounting?

Snyder

Cash flow and accounting software This is the opposite of accrual accounting. True cash-based accounting means that entering a bill in QuickBooks will not recognize an expense, but when that bill is paid, the expense will show on the books. Invoicing a client will not recognize revenue until that invoice is paid.