Going Concern

APRIL 12, 2024

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? While the average mean salary for accountants in the U.S.

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CPA auditor Tax audit 104

ThomsonReuters

JANUARY 14, 2022

Being an accountant means that work often comes in ebbs and flows. The tide moves in every quarter, and there is always tax season. It’s stressful; that’s just part of the business, right? Yes, stress is expected, but burnout is entirely different. What is burnout? The fight against burnout starts with managing stress.

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Tax Technology Start-ups accounting software 98

ThomsonReuters

NOVEMBER 8, 2022

How does automation change the way accountants work? While accountants will not be completely replaced by technology, roles and relationships will change—in a good way.? By capitalizing on experience, personality, relationships, and creativity, accountants can carve out careers of the human touch—an increasingly valuable commodity.

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Technology tax return Account accountant 80

Snyder

JANUARY 3, 2023

Larger companies tend to use the accrual basis of accounting, meaning that revenues and expenses are recorded at the time of the transaction (when you get a bill or raise an invoice), not at the time when the payments are made. Accounting software can facilitate the process of generating those financial statements.

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accounting basics basic accounting bookkeeping Account 52