This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The transformation of the accounting profession is not merely an anticipated change; it is a pressing reality that is currently shaping business decisions, academic programs and the expected contributions of professionals. This shift in mindset extends beyond individual countries or educational systems; it is a global movement.
You can read more about the program in my first article: Addressing the accounting talent shortage through hands-on education. Of the roughly 100 students in our program, 15–20% are already working in accounting-related roles — bookkeepers, clerks or accounting assistants. All rights reserved.
The Governmental AccountingStandards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. Governmental AccountingStandards Board chairman Joel M. All rights reserved.
Practice management Compensation Recruiting Employee retention MORE FROM ACCOUNTING TODAY Accounting GASB gives guidance on pronouncements The Governmental AccountingStandards Board issued questions and answers to help explain certain pronouncements to stakeholders. All rights reserved. 3h ago Like what you see?
EDT 3 Min Read Facebook Twitter LinkedIn Email The International AccountingStandards Board released a revised practice statement on management commentary to achieve better global alignment, while its parent, the IFRS Foundation, released guidance on an entitys climate-related transition disclosures. All rights reserved.
Prepare for contingencies with backup and recovery plans: Every accounting firm should have a reliable data backup strategy that includes automatic, off-site backups and a tested disaster recovery plan. All rights reserved. This ensures continuity in case of data loss, cyberattacks or system failure.
Accounting IMA Training MORE FROM ACCOUNTING TODAY Accounting GASB gives guidance on pronouncements The Governmental AccountingStandards Board issued questions and answers to help explain certain pronouncements to stakeholders. All rights reserved. 3h ago Like what you see?
Fallon/Bloomberg ADP announced its new Accountant Connect Resource Center, a centralized destination designed to help accounting professionals strengthen their advisory services and support client growth. All rights reserved.
But while we have them, we must ensure they develop the key skills that accounting and internal audit offer that AI cannot deliver: critical thinking, relationship acumen, intellectual curiosity, empathy and ethical resilience. All rights reserved.
All rights reserved. aims for operational excellence July 21, 2025 10:01 AM 2:36 Facebook Twitter LinkedIn Email Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors.
In addition to fulfilling CCMP exam eligibility, the course also offers continuing education credits (PDUs/CDUs) applicable to PMI, SHRM and other professional designations. All rights reserved. Two upcoming courses are currently open for registration: Aug. 19–22, 2025, and Sept. 16–19, 2025.
Jody Padar The platform includes XcelLabs Academy, a series of educational online courses on the basics of AI, being a better advisor, leadership and practice management; Navi, a proprietary tool that uses AI to help accountants turn unstructured data like emails, phone calls and meetings into insights; and training and consulting services.
Alvarez did not have a PTIN and admitted that in 2019 and 2020 she misrepresented taxpayers eligibility for education credits and deducted fictitious business expenses from their taxable income to reduce tax liabilities and inflate refunds. All rights reserved. The tax loss totaled $356,881. Sentencing is Sept.
EDT 1 Min Read Facebook Twitter LinkedIn Email The Governmental AccountingStandards Board issued questions and answers to help explain certain pronouncements to stakeholders. All rights reserved. Courtesy of GASB Implementation Guide No.
All rights reserved. By Chris Gaetano CloseText About Chris linkedin chris-gaetano-870989232/ June 25, 2025, 4:00 p.m. By Chris Gaetano CloseText About Chris linkedin chris-gaetano-870989232/ June 25, 2025, 4:00 p.m.
Management should also ensure that financial reports comply with relevant accountingstandards and regulations and conduct regular financial audits to identify discrepancies and areas for improvement. Educated staff can contribute to better financial management and identify cost-saving opportunities.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
87 
Let's personalize your content