Wed.Mar 30, 2022

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Rewarding Top Performers

RitaKeller

“The reward for work well done is the opportunity to do more.” – Jonas Salk. It is true inside a CPA firm. You reward your best performers by giving them more work. That’s not what Jonas Salk meant by the quotation above. The scheduler hears it often… don’t assign Barry to my client’s engagement, give me Betty. (Yes, Betty is a top performer, and Barry, not so much.).

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Forecasting Revenue the Right Way

AccountingDepartment

Forecasting revenue is an important task for businesses to provide insight to what is coming in the future. It allows for a clear idea of a company's financial standing, helps identify potential risks, and set owners and management up to make adjustments to the business plan throughout the year.

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SVOG Eligible Expenses to Independent Contractors and Artists

Withum

On February 16, 2022, the Small Business Administration (“SBA”) released additional information for Shuttered Venue Operators Grant (“SVOG”) recipients: SVOG Post-Award FAQs and SVOG Post-Application Guidance. This additional information clarifies the rules surrounding payments included in the Independent Contractors budget line item (6a) for SVOG recipients. .

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How Padgett & Padgett, PLLC CPA Handles Investors in Small Business

SkagitCountyTaxServices

I can’t write without mentioning that somewhat awkward, somewhat shocking, somewhat moving star-studded Oscars event. There were some, well, memorable scripted (and *unscripted*) moments. One truly happy surprise was the best picture winner CODA (child of deaf adults) – the first streaming service movie to win Best Picture. Apple’s foray into Hollywood glory is showing how businesses can go beyond money-making endeavors to truly make a difference.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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How Did Crowe, Moss Adams, and Marcum Do In Their Respective 2020 PCAOB Inspection Reports?

Going Concern

If these inspection reports were like tests taken in a classroom, Crowe and Moss Adams would have received passing grades, while Marcum would have failed big time. Let’s take a look: Crowe. The latest audit inspection results for Crowe show the 11th-ranked public accounting firm by revenue bombed 27% of the audits reviewed in the most recent PCAOB inspection cycle, but the firm was less bad in its 2020 report card than it was in 2019’s.

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How Small Business Owners Can Prepare to Retire

Accounting Web

Practice How Small Business Owners Can Prepare to Retire.

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A New Tax to Target Billionaires in 2023

CapataCPA

The post A New Tax to Target Billionaires in 2023 appeared first on CPA firm in Orange County, CA | CAPATA.

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How will the $2 billion bond issuance by the University of Michigan impact its balance sheet?

Wendy Tietz

The University of Michigan issued $2 billion in bonds in March 2022. The proceeds from these bonds will be used to finance construction and renovation projects on the campus. $1.2 billion was issued as century bonds, which must be repaid in 100 years. This century bond issuance is the largest century issuance in the higher […].

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Top 10 Common Accounting Interview Questions with Answers

Simple Accounts

Accounting is one of the most well-liked professions. The number of students choosing commerce as a major in college and accounting-related employment is on the rise. Despite the fact that various accounting applications and software have been introduced to the market, none of them has the potential to completely replace human labour in accounting. Companies, both big and small, are looking for the finest accountants. .

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