article thumbnail

Carbon Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Authors: Gabriela Payne, CPA On September 14, 2023, California’s Legislature approved a landmark Senate Bill 253/Climate Corporate Data Accountability Act, which is expected to have global impacts on corporate climate accountability. As the Firm has helped clients, Frequently Asked Questions (FAQs) have emerged.

Account 105
article thumbnail

Friday Footnotes: Higher Salaries Lead to Higher Fees; EY Auditors Quit; Senator Rags on Greedy Accounting Firms | 1.27.23

Going Concern

It is because of her that on a regular basis, we as a family travel from our home in California to the city she called home. The agency said in 2020 that assumptions the company used from 2013 to 2019 were potentially not compliant with Cost Accounting Standards, regulations that govern cost accounting requirements for government contracts.

auditor 109
Insiders

Sign Up for our Newsletter

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

article thumbnail

Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL. Do mid-sized firms not know how to use email? Now, that candidate may test in each of those locations. Sandi Leyva (@SandiLeyva) June 17, 2022.

Account 52
article thumbnail

What is FRF for SME?

KROST

Whether they are prepared in-house or via an external CPA, GAAP financial statements take extra time, effort, and money to prepare, and they often don’t address things that owners really care about. If you are tired of keeping up with new standards.