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Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

In that capacity, Urban was responsible for maintaining the company’s general ledger, preparing financial statements, and reconciling the company’s accounts payable and receivable and bank statements. His actions undermined the integrity of the tax profession and caused detriment to his clients and the ATO.” “We

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Why Your Accounting/ERP System Is the Key To Successful Business Tax Preparation 

Withum

It’s that time of year – welcome to your tax season activities. Struggling With Tax Compliance and Data Management? Inter-company and Transfer Pricing Transactions ; distinguishing entries between related entities or groups for proper reporting on consolidated tax returns. Lessen the external auditor’s (e.g.,

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Best Practices for Nonprofits

Withum

Many nonprofit organizations have limited resources and often the finance team also supports the general operations. The accounting system is the basis for reports that must be provided to grant agencies, prospective donors, lenders, its independent auditors, tax preparers, the Board of directors and management. .

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Accounting Technologies: The 2023 Annual Guide

Ryan Lazanis

Take all of your accounting functions into the cloud, not just your general ledger. Tip 3: Opt for Cloud Tax Software All the benefits that I listed for cloud services apply to tax software as well. Sniff out a cloud-based solution for tax software available in your jurisdiction and get it implemented.

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Everything you need to know about accounts payable

ThomsonReuters

It includes all of the bills a company owes to vendors and suppliers for goods and services provided to the business before they are paid. Because accounts payable entries are not immediately paid, they are listed as a current liability on a business’ general ledger and balance sheet.

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Accounting Automation: The Definitive 2023 Guide

Ryan Lazanis

A report by Oxford University concluded that there was a 99% chance that tax preparers’ jobs would be automated and a 98% chance that it will happen to bookkeepers and accountants. If you’re looking to automate accounting processes in 2023, here are some steps you can take: 1) General Ledger Accounting Software.