article thumbnail

Grant Thornton Appoints New Leaders to Audit Quality & Risk Leadership Team

CPA Practice

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has appointed two new leaders to the firm’s Audit Quality & Risk practice. Decker assumes her new role from Mary Ropes, an Audit partner at Grant Thornton, who retires after more than 35 years of service at the firm. Thank you for your leadership.”

audit 98
article thumbnail

An Essential Guide to Accounting and Basic Accounting Principles for Beginners

Snyder

What are basic accounting principles? What is accounting software? Basic accounting and its secrets. The Fantastic Four of accounting. Accounting principles: Why are they so important for any business? Basic accounting principles. Accrual principle. Contents: 1.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Withum

As tokenization gains momentum, the role of accounting and audits becomes increasingly vital in ensuring transparency, accountability, and trust in these emerging technologies. Every token transfer and ownership change is recorded transparently, creating a comprehensive audit trail.

article thumbnail

Common Accounting Mistakes: Government Edition - Issue #11 What is GAAP?

SMBAccountant

Many small business government contractors are exempt from complying with cost accounting standards (CAS) and defined by the code of federal regulations (CFR). However, compliance with generally accepted accounting principles (GAAP) is required. What exactly is GAAP?

article thumbnail

Navigating GASB 100: Accounting Changes and Error Corrections

Cherry Bekaert

Governmental Accounting Standards Board (GASB) Statement No. 100, Accounting Changes and Error Corrections, an amendment of GASB Statement No. This accounting pronouncement is intended to streamline the reporting of accounting changes and error corrections, as well as the related disclosures in governmental financial reporting.

Account 96
article thumbnail

Jeanne Dee Appointed to FASB Not-for-Profit Advisory Committee

Anders CPA

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the Financial Accounting Standards Board (FASB) Not-for-Profit Advisory Committee (NAC) effective January 1, 2024. Jeanne also served as a board member and secretary for the Missouri State Board of Accountancy.

article thumbnail

Navigating GASB 100: Accounting Changes and Error Corrections

Cherry Bekaert

Contributors: DeWanna Coleman Governmental Accounting Standards Board (“GASB”) Statement No. 100, Accounting Changes and Error Corrections—an amendment of GASB Statement No. This category also includes the implementation of new accounting pronouncements. 62, is in effect for fiscal years beginning after June 15, 2023.