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Here Are Even More 2024 Accounting Salary Projections

Going Concern

Last month we took a look at the 2024 Robert Half Salary Guide to get an idea what public accounting salaries should be in the range of next year, today it’s a similar report from Addison Group and their 2024 Workforce Planning Guide. The guide covers several industries, we are of course only here for accounting.

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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. However, this is no longer the case. Enter CAS 2.0.

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Ways to prevent financial reporting errors

ThomsonReuters

Recognition errors: this could occur, for instance, when accounting for leases or reporting compensation expense from backdated stock options. Complex rules related to investments, acquisitions, tax accounting, and revenue recognition. What causes inaccurate financial reporting?