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Monday Morning Accounting News Brief: PwC Consolation Prizes; Al Pacino’s Accountant Ripped Him Off | 10.21.24

Going Concern

Financial reporting data has become extremely structured and repeatable across all enterprises because it’s guided by the standards set out through generally accepted accounting principles (GAAP), which are governed by the Financial Accounting Standards Board (FASB). Everybody measures the same things, in the same way.

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Tech Startup Accounting Insights From A Y Combinator Company

inDinero Tax Tips

Accountants operate on a higher level. Theyre well-versed in GAAP (Generally Accepted Accounting Principles), help navigate differences between cash and accrual accounting, and help startups design equity structures. This is a case where knowledgeable CPAs are worth consulting with.

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Professionals on the Move – June 2025, Part III

CPA Practice

He is also knowledgeable in generally accepted accounting principles (GAAP) and SEC rules and regulations. Based in Denver, Nocco brings more than 25 years of experience in financial analysis and reporting, auditing, internal control policies and procedures, and strategic planning.

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The next frontier in accounting: Autonomous AI agents

Accounting Today

To avoid these worst-case scenarios, its essential to build AI agents on domain-specific large language models grounded firmly in accounting standards, regulations and best practices, making it especially important to choose vendors with extensive, broad accounting expertise.

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How to Record the Purchase of an Asset in QuickBooks Online?

FusionCPA

If you are not experienced in bookkeeping or using real estate CPAs , it is recommended that you spend a great deal of time becoming familiar with the capabilities of your QuickBooks Online account before you get started.

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Opinion: CPAs Need to Save the CPA—And Soon

CPA Practice

The city is a hotbed of professional services, including lawyers, consultants and the now-endangered species of certified public accountants. CPAs are essential for financial reporting, advanced tax preparation and other dull-but-important tasks that keep the economy going.

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State CPA Societies in Action: New York State Society of CPAs

CPA Practice

Founded in 1897, the NYSSCPA offers networking opportunities for CPAs, along with CPE courses and conferences, over 50 committees that cover various specializations, and also publishes the CPA Journal. The New York State Society of CPAs has truly become thought leaders in the accounting profession and in finance.