SMBAccountant

NOVEMBER 21, 2022

My old bookkeeper didn’t ask for all this” is a statement we hear often. Managers want to hand off their accounting and let it happen in its own vacuum. Unfortunately, this isn’t quite how accounting functions. Enron birthed a whole new set of accounting standards called the Sarbanes-Oxley Act (SOX).

Account 130

Account accountant accounted bookkeeping 130

Shay CPA

JANUARY 31, 2024

Stay up on lease accounting requirements Lease accounting has changed a lot in the last five years. With new changes to generally accepted accounting principles (GAAP) from the Financial Accounting Standards Board, companies have had to adjust how they report their leases. These are all very general, though.

quickbooks 52

quickbooks Account accountant accounted 52

Going Concern

FEBRUARY 2, 2024

MassCPAs new CEO takes on accounting industry’s pipeline challenge [ Boston Business Journal ] In his first few weeks as the CEO and president of the Massachusetts Society of Certified Public Accountants, Zach Donah has laid out his plans as the leader of the state’s largest society of accountants.

audit 105

audit Tax Texas Massachusetts 105

ThomsonReuters

JANUARY 18, 2024

In general, an accountant’s job description includes common accounting tasks such as: Performing risk analysis evaluations. Ensuring the accuracy of bookkeeping and that the bookkeeping is compliant with state and federal laws. They also need one year of accounting-related work experience.

Account 59

Account accountant accounted tax preparation 59

inDinero Accounting

JUNE 29, 2023

The history of GAAP dates back to 1929 when the Committee on Accounting Procedure was founded by the American Institute of Accountants and tasked with developing uniform accounting standards. Additionally, GAAP ensures that businesses remain compliant with government regulations regarding financial reporting.

accrual accounting 98

accrual accounting accounting principles accounts payable accounting standards 98

Going Concern

MARCH 4, 2022

SEC Chief Accountant Lauds FASB for Engaging Investors, Stakeholders on Potential New Standards [ JD Supra ] Paul Munter, acting chief accountant for the SEC’s Office of the Chief Accountant, on Feb. Bureau of Labor Statistics reported Friday, although the number of accounting and bookkeeping jobs declined by 800.

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audit Kansas auditor bookkeeping jobs 65

Xero

DECEMBER 13, 2023

Trend #4: Carbon accounting the next frontier for compliance We’re well into the critical decade of climate action and pressure will begin to mount on governments and industries to reduce their carbon emissions to meet the IPCC’s 2030 deadline.

Technology 92

Technology accounting and finance Education Entertainment 92