CPA Practice

JULY 31, 2023

AICPA & CIMA update Global Management Accounting Principles to reflect new era of digital acceleration and ESG The Association of International Certified Professional Accountants, representing AICPA & CIMA, recently released a new edition of their Global Management Accounting Principles (GMAP).

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CPA Practice

OCTOBER 18, 2024

The Florida Institute of Certified Public Accountants (FICPA) recently announcedJim Gurowka, CAE, as its new Chief Growth Officer (CGO), effective Sept. Gurowka comes to the FICPA after a 19-year tenure as Senior Vice President of the Institute Management Accountants (IMA).

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ThomsonReuters

JUNE 9, 2023

The accounting industry is seeing significant attrition among LGBTQ+ professionals Research commissioned by the Institute of Management Accountants (IMA), the California Society of CPAs (CalCPA), and the International Federation of Accountants (IFAC) revealed a surprising number of LGBTQ+ accountants are leaving their profession.

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ThomsonReuters

APRIL 6, 2023

Separate AP and AR duties The segregation of accounts payable and accounts receivable is considered a fundamental accounting principle and reduces the risk of fraud. How to manage accounts payable effectively An accountant’s hands are often full with the day-to-day work that keeps your practice running.

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Simple Accounts

MARCH 30, 2022

As you are asked for your words, try to explain accounting in the way you conceived it. . Different types of accounting are: Financial accounting, Cost accounting, Management accounting . However, it cannot replace human force in accounting. Generally Accepted Accounting Principles .

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CPA Practice

SEPTEMBER 5, 2023

The practice aid, Accounting for and Auditing of Digital Assets , is intended to provide nonauthoritative guidance on how to account for and audit digital assets under U.S. generally accepted accounting principles (GAAP) for nongovernmental entities and generally accepted auditing standards (GAAS), respectively.

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Shay CPA

SEPTEMBER 13, 2023

A controller will almost always be a certified public accountant (CPA). That certification ensures that they’re up to date on best practices like Generally Accepted Accounting Principles (GAAP). Long story short, a controller’s primary area of expertise is accounting.

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SchoolofBookkeeping

DECEMBER 15, 2024

In this Workshop Wednesday, we dive into the intricacies of managing Accounts Receivable (AR) in QuickBooks Online (QBO) and QuickBooks Desktop, addressing common mistakes and offering practical solutions.

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Basis 365

FEBRUARY 1, 2024

The Essential Ingredients for a Success A Human Touch: Invest in skilled personnel trained in accounting principles and proficient in your chosen software. We often inherit accounting systems with poor data that prevent accurate financial statements. Set procedures that have cut off dates in them.

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Cherry Bekaert

JUNE 27, 2024

If significant system deficiencies are identified and not corrected, the DoD can impose substantial consequences, such as withholding a percentage of payment or deeming a contractor ineligible to submit bids.

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Ryan Lazanis

JUNE 8, 2023

Realize’s community is somewhat equally divided between individuals managing accounting practices and those overseeing tax practices. This forum provides a platform for discussions, knowledge-sharing, and networking among accounting professionals, students, and industry experts primarily for those who are based in the UK.

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CPA Practice

FEBRUARY 13, 2023

Cost accounting and inventory management: This includes standard cost systems, activity-based costing, and cost-volume-profit analysis, among others. It’s essential for companies to effectively manage their inventory costs and control the manufacturing process.

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