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Jeanne Dee Appointed to FASB Not-for-Profit Advisory Committee

Anders CPA

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the Financial Accounting Standards Board (FASB) Not-for-Profit Advisory Committee (NAC) effective January 1, 2024.

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Guide to accountant responsibilities

ThomsonReuters

Some of the key accounting assumptions — which are beneficial for the entity, its management, as well as for those reading the financial statements — include the reliability assumption, accrual assumption, and economic entity assumption, to name a few. Accountant vs. CPA vs. tax preparer: What are the differences?

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Friday Footnotes: Accounting’s Big Lie; BDO Poaching; EY Partners Get Whipped | 10.07.22

Going Concern

Financial Reporting Council (FRC) on Thursday announced it opened an investigation into accounting firm Mazars regarding its audit of financial statements at Studio Retail Group. Private company CFOs grapple with new lease accounting [ CFO Dive ]. And that data needs to be clear, dependable, and verifiable.

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Why Should Skagit County Businesses Care About FASB and GAAP?

SkagitCountyTaxServices

If the last 20 years of the economy’s highs and lows, downturns and headlines taught us anything about business, it’s that complete and transparent accounting is in everyone’s best interest. One independent organization working to keep companies’ books clear and honest is the Financial Accountant Standards Board.

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Friday Footnotes: Retired EY Partners Hate on the Split; It’s a Raid!; ‘An Alphabet Soup of Technology’ | 11.18.22

Going Concern

KPMG has been blocked from winning new audit contracts in Abu Dhabi after regulators removed the Big Four firm from the list of accountants authorised to sign off companies’ financial statements. Teaching Accounting Students an Alphabet Soup of Technology [ The CPA Journal ]. Other Stuff.

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Understanding the Down Round in Tech Companies: Accounting & Tax Implications

Shay CPA

Whether you’re considering this option because of internal factors (like lackluster financial performance) or external ones (like market conditions), you want to maximize benefits and mitigate risks. As CPAs who specialize in supporting startups, we’ve been through down rounds with many of our clients. We’re here to help.

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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 differences between GAAP and IFRS?