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Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

For example, assuming you were interested in both a cost accountant role, and a financial analyst role. There are more commonalities between these two roles, vs. an accounting role and a warehouse role. If accounting is your first choice, apply for accounting role. CPA and advisory firm. Be selective.

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CPAs Should Get Into Weed, Says CPA Into Weed (As a Business, That Is)

Going Concern

Hunzicker recommends approaching the cannabis niche with a broad knowledge base, including a full understanding of “cannabis science, medicinal uses, software tools, and business operations, then layer in accounting — GAAP, cost accounting, the tax codes and the court cases.” You love to see it!

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Offering Virtual CFO Services in the Cannabis Industry with Guillermo Rodriguez

Anders CPA

And there’s courses out there to learn how the cost accounting works in the cannabis industry. And I came from a cost accounting background in construction and engineering. Visit our website SummitCPA.Net to get more tips and strategy for achieving modern CPA firm success.

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Friday Footnotes: Higher Salaries Lead to Higher Fees; EY Auditors Quit; Senator Rags on Greedy Accounting Firms | 1.27.23

Going Concern

9 focusing on its financial and cost accounting controls, it said Thursday in its 10-K. The agency said in 2020 that assumptions the company used from 2013 to 2019 were potentially not compliant with Cost Accounting Standards, regulations that govern cost accounting requirements for government contracts.

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