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Carbon accounting 101: What is it and why you should do it

Accounting Insight

In recent years, or even just the last few days, you’ll no doubt have heard companies making big claims to be ‘carbon neutral’, ‘climate positive’ or to become ‘net-zero’ by a certain date. To add foundations to your ambitions, you need carbon accountingWhat is carbon accounting?

Account 59
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What is Net Worth | Find Out How Much You’re Worth!

LyfeAccounting

What’s the first thing that comes to mind when you hear ‘Net Worth’? Perhaps you’ve Googled other people’s net worth. When you track your net worth over time, you are forced to face where you are financially. Either way, everyone has a net worth and should be aware of it.

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Spotlighting Women in Advisory Practice: “Building an advisory firm around flexibility is key,” says Sandy Heit of ModernCPAs

ThomsonReuters

Sandy Heit’s path to owning her own accounting firm was a bit unconventional — and ultimately involved her love for photography. She pursued accounting due to a combination of a love for math and heeding her mother’s advice to have a stable job.

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Why your accounting firm needs a succession plan

ThomsonReuters

We’ve seen the impact the COVID-19 pandemic took on succession planning for accounting firms. We survived, but what on earth do we do now? Taking a measurement of your accounting firm. From ‘What happens when baby boomers retire?’ Our businesses are quite different than they were before.

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Debunked: Correcting 15 misconceptions about networking

Mark Lee

I’ve addressed the subject of Networking many times on this blog. I make no apology for returning to the topic as it’s a key business skill for accountants who want more clients. Indeed, I know many accountants who hope they can rely on such sources of work as they are so uncomfortable with the idea of networking.

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Client Service: How Did Your Firm Score This Tax Season?

ThomsonReuters

Unfortunately, businesses often make assumptions about what their clients want. based accounting firm Padden Cooper. What do you like most about our firm? What do you like least about our firm? Stay abreast of what’s happening in the accounting industry. Increase client communication, value.

Tax 105
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The Top 5 Benefits of Catch Up Bookkeeping

xendoo

In this blog post, we are exploring the top 5 benefits of catch up bookkeeping ! . The Opening Balance is the amount of money in your bank account at the beginning of a new financial period, such as the start of the month. Financial Accuracy Through Bank Account Reconciliation . Reliability in Your Opening Balance.