CPA Practice

MARCH 13, 2024

In the midst of the accounting profession entering a brave new world where digitization of tax and accounting processes is increasingly the norm, it should come as no surprise that the humble invoice is now in the crosshairs of governments around the globe, including the U.S.

double entry bookkeeping

ThomsonReuters

JUNE 9, 2023

As companies seek to comply with more stringent environmental, social & governance (ESG) regulations, they will need reliable sources for nonfinancial data transparency. Accountants can provide invaluable assistance here by verifying ESG reports and helping to guarantee the accuracy of DEI information.

accounted

Going Concern

AUGUST 5, 2024

Financial Review says government contracts are way down at down under Big 4 firms. The value of federal government work outsourced to the big four consulting firms has crashed under Labor, with KPMG, EY, PwC and Deloitte inking just $607 million in new deals last year, the lowest level in five years. Gee, wonder why?

cpas

Snyder

JANUARY 10, 2023

What are the peculiarities of bookkeeping for small businesses? Double-entry bookkeeping, transaction recording, reconciliation, getting invoices paid and bills covered – the entire process is centered around making sure that your bank account is in balance with your books records.

accounted

inDinero Accounting

JUNE 29, 2023

Additionally, GAAP ensures that businesses remain compliant with government regulations regarding financial reporting. On the accounting side, GAAP requires specific methods for recording transactions, such as double-entry bookkeeping, which involves debiting one account while crediting another in order to maintain accuracy in recording data.

accrual accounting

Snyder

MARCH 6, 2023

Governmental accountant Accountants who work for government entities, whether local, state, or federal, typically have different responsibilities and procedures than public accountants. Government financial experts are employed to audit documents, store records, and manage resources for governmental organizations.

forensic accounting