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Spotlighting Women in Advisory Practice: “Create a culture where everyone is happy,” says Alicia Shaul, CPA firm entrepreneur

ThomsonReuters

Once, one of Shaul’s professors spoke about the importance of business development, saying that if you ever want to become a partner in a firm, you need to become a rainmaker and start bringing in your own work. No matter what the culture of the firm is, you will be successful, the professor said.

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Four ways to get your banking data into Xero

Xero

One of your most important accounting jobs — bank reconciliation — relies heavily on getting accurate banking data into Xero. Regular bank reconciliation not only saves you time, it also gives you a wealth of insights at your fingertips. This can take time and impact the reliability of your bank feeds.

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Keeping staff happy: 4 ways firms can attract and retain accounting talent

ThomsonReuters

Financial stability There’s no question that money talks—and the accounting profession is no exception. Thomson Reuters research found that 94% of new accounting practitioners choose financial stability as their primary career goal. In addition, 93% stated that a competitive salary is what matters most in an employer.

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7 key factors to consider when hiring new accountants for your firm

ThomsonReuters

However, there are seven key factors to consider before posting your next job advertisement. Understanding your company culture is a useful step in finding a new accountant who is the right fit for your firm. Take some time to understand your company culture, the environment of your office, and the types of people on your team.

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Understanding the proportional amortization method

ThomsonReuters

In March 2023, the Financial Accounting Standards Board ( FASB ) issued an  Accounting Standards Update (ASU)  aimed at improv ing the accounting and disclosures for investments in tax credit structures. For public business entities, the amendments are effective for fiscal years beginning after Dec. Are your business clients ready?

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Accounting advisory: What you need to know

ThomsonReuters

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

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Monday Morning Accounting News Brief: EY’s Paying Big For the Everest Failure; PwC UK Delays Promotions | 2.12.24

Going Concern

EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. The extra debt is designed to smooth the costs of Project Everest across more than one financial year. Do you have room?’

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