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Preventing misapplication of GAAP standards

ThomsonReuters

To help ensure that financial reporting is transparent and investors have the most accurate and timely information they need to make informed investment decisions, public companies must disclose certain financial, and other information, to investors. What are the GAAP standards? What are the differences between GAAP and IFRS?

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Top accounting issues in 2023

ThomsonReuters

Deliver accounting and compliance news alerts so practitioners are regularly provided critical accounting, audit, and corporate finance developments, along with expert analysis. Furthermore, professionals must adhere to new auditing standards SAS 134-140.

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AICPA Dealership Conference – Updates and Takeaways

Withum

However, prepackaged food is still limited to 50% and entertainment is still non-deductible. It is important to note that this method does increase the risk of hobby loss disallowance on audit. Food and beverages provided by restaurants that are for immediate consumption are 100% deductible. This applies to tax years 2021 and 2022.

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Online Accountants Forums: The 14 Best

Ryan Lazanis

3) Improve Skills Accounting forums act as knowledge exchange hubs, where members are welcome to ask others how to become more effective in tackling various processes. Realize’s community is somewhat equally divided between individuals managing accounting practices and those overseeing tax practices.