CPA Practice

NOVEMBER 5, 2024

In mid-August 2023, Lovesac submitted a filing to the SEC that disclosed that its previously filed financial statements for the 2023 fiscal year and first quarter of 2024 were no longer reliable, according to the lawsuit. The company then restated those statements. Meanwhile, Lovesac continues to expand its reach.

general ledger 98

general ledger auditor Connecticut accounting principles 98

inDinero Tax Tips

DECEMBER 4, 2024

Generating financial statements, balance sheets, and income statements to share with investors and lenders. Step 4: Project Revenue and Set Goals Many companies won’t have historical sales data to guide them, so this step involves making educated guesses based on the best available information.

tax preparation 104

tax preparation bookkeeping Expense Management financial statements 104

Basis 365

JANUARY 14, 2025

This will require collaboration with multiple disciplines including your accounting, sales, and operations. By involving them early, youre not just preparing for due diligence; youre proactively enhancing the businesss appeal and mitigating risks, ultimately setting yourself up for a more lucrative and seamless sale.

bookkeeping 59

bookkeeping bookkeeping services tax consultant accounting and finance 59

Shay CPA

MAY 21, 2025

Expense Categorization and SaaS Metrics SaaS companies rely on detailed financial metrics to drive decision-making. Key Expense Categories Customer Acquisition Cost (CAC): Includes marketing and sales expenses related to acquiring new customers. This data feeds into financial statements and cap table management.

bookkeeping 52

bookkeeping CPA Technology NetSuite 52

MyIRSRelief

OCTOBER 18, 2024

Case Studies: Dissipated Assets and OIC Case Study 1: Sale of Property Below Market Value John, a self-employed contractor, owed $100,000 in back taxes. When John submitted an OIC, the IRS identified the property sale as a dissipated asset. Fair Market Value: Ensure that all asset sales and transfers are conducted at fair market value.

Tax 130

Tax Sales financial statements Legal 130

Basis 365

DECEMBER 26, 2024

These costs do not fluctuate (at least in the short term) when your sales or production levels change. Variable Costs Variable costs, on the other hand, fluctuate based on your output or sales volume. When you run projections, you can map your variable costs to expected sales volume or activity.

Sales 59

Sales Technology Manufacturing financial statements 59

Basis 365

APRIL 15, 2025

What is the Statement of Cash Flows? The Statement of Cash Flows is a financial statement that shows the inflows and outflows of cash within your business over a specific period. The Statement of Cash Flows is structured into three key sections: Operating Activities : Shows cash generated or spent on daily operations.

accrual accounting 64

accrual accounting accounting and finance Non-Profits financial statements 64

Going Concern

JUNE 2, 2025

Amid accusations of financial statement malfeasance, VerSe brought Deloitte in for an audit in 2024. Despite the risk of material misstatement, Deloitte said the company’s consolidated financial statements presented as true and fair. ” Defamatory even.

Technology 97

Technology financial statements New York audit 97

Basis 365

JULY 22, 2025

Visibility and Cash-Flow Confidence Cash crunches seem to come out of nowhere but they can often develop quietly in receivables, uneven billing cycles, or an unexpected dip in sales. Those safeguards run quietly in the background, catching issues before they reach the financial statements.

accountant 52

accountant Account accounted accounting and finance 52

Analytix Finance & Accounting

JUNE 24, 2025

Accounting Services Beyond basic bookkeeping, monthly accounting services provide you with regular financial reports and analysis that help you understand your business performance. Either way, you’re only paying for what you actually use. This makes professional tax preparation one of the most valuable outsourced accounting functions.

accountant 52

accountant Account accounted bookkeeping 52

Accounting Seed

JANUARY 7, 2025

If youre fed up with its slowness, or how hard it is to create financial statements, ensure you understand how this is addressed in a new system. What To Look for In Accounting Software To begin preparing to change accounting systems, clearly identify what you need from a new software tool.

accounting system 59

accounting system accountant Account accounted 59

Basis 365

NOVEMBER 19, 2024

They ensure that all financial reporting is accurate and complies with industry regulations and standards. This is particularly important if your business is looking to attract investors or undergo a financial audit. Timely and accurate financial statements give stakeholders confidence in your company's financial health.

bookkeeping services 52

bookkeeping services bookkeeping accounting and finance audit 52

Going Concern

NOVEMBER 22, 2024

Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S. PwC’s cross-claim in the case, filed Nov.

auditor 52

auditor audit accounting and finance financial statements 52

Anders CPA

FEBRUARY 28, 2025

Financial Statements Use the accrual basis to prepare your financial statements to match your revenue with expenses. Track your financials on the accrual basis then convert to cash so they can be compared and monitored year over year. The reliability of your financial statements is key.

Non-Profits 59

Non-Profits Legal financial statements Manufacturing 59

MyIRSRelief

JUNE 27, 2025

The OIC process involves submitting Form 656, Offer in Compromise, along with detailed financial statements, supporting documentation, and either a partial payment or application fee. Mike Habib’s practice employs sophisticated financial analysis techniques that examine every aspect of the taxpayer’s economic situation.

Tax 130

Tax financial statements payroll tax business tax 130

CPA Practice

NOVEMBER 1, 2024

And, you know, as it turns out, the financial statements are, you know, pretty straightforward. And I think their goal is to continue to expand their ledger integration footprint so they can continue to expand their financial reporting along the way. You can do, sales tax, VAT, GST reports and reviews off of here and again.

Technology 111

Technology accountant Account accounted 111

CPA Practice

DECEMBER 6, 2024

Theres plenty of sales pitches that are over the top, but heres a case where, you know, a lot of the things that weve seen the promise of are finally getting delivered. Yeah, and thats really, you know, your completeness statement there is really kind of spot on, as Id see it. And, you know, try not to have a lot of hyperbole.

Technology 98

Technology accountant accounted Account 98

Going Concern

DECEMBER 20, 2024

TAX CANDIDATES FTE Tax Senior | Candidate ID #23636747 Certifications: EA Education: BS Experience (years): 5 years tax experience Work experience (detail): All in public accounting 5 tax seasons preparing returns for HNWIs and SMBs 300+ returns per season, 50-50 individuals, businesses Client-facing with S-Corps, partnerships, trusts Business development (..)

Real Estate 52

Real Estate accountant Account accounted 52

Going Concern

JUNE 5, 2025

TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting / Senior | Candidate ID #18173947 Certifications: CPA Education: BBA Finance Experience (years): 5 years accounting and tax experience Work experience (detail): All in public accounting 6 tax seasons experience, 3 working remotely Prepared complex returns for HNWIs, partnerships, S and C Corps (..)

Real Estate 52

Real Estate Tax accountant Account 52

CPA Practice

JULY 7, 2025

Employee Benefits Tax TRP Provide a Revenue Procedure related to Section 305 of the SECURE 2.0 Act of 2022, as part of the Consolidated Appropriations Act, 2023, addressing the expansion of the Employee Plans Compliance Resolution System.

cpas 85

cpas accounting and finance CPA Technology 85

Shay CPA

JUNE 11, 2025

Your accounting firm or CPA likely has to rework how they process invoices, handle reconciliations, and compile financial statements. Every minute your leadership team invests in a drawn-out system transition is time taken away from product development, sales, and fundraising activities.

accounting and finance 52

accounting and finance Technology CPA Finance 52

CPA Practice

NOVEMBER 4, 2024

A new standard requiring public companies to disclose, in interim and annual reporting periods, additional information about certain expenses in the notes to financial statements was finalized by the Financial Accounting Standards Board (FASB) on Nov. This information is generally not presented in the financial statements today.

financial statements 116

financial statements accounting standards financial accounting Sales 116

Withum

DECEMBER 4, 2024

There is also a 15% corporate alternative minimum tax (CAMT) based on book income for companies with average annual adjusted financial statement income exceeding $1 billion. financing for the acquisition of motor vehicles, boats, or farm machinery for sale or lease and secured by such inventory).

Tax 105

Tax income tax Construction Non-Profits 105

Basis 365

DECEMBER 18, 2024

By August, a YTD presentation might not fully capture the extent to which this new competition is impacting sales, because part of that YTD figure includes months before the competitor emerged. Suppose market conditions start to change mid-yearperhaps a competitor releases a disruptive new product in March.

Agriculture 52

Agriculture financial statements Retail Education 52

Withum

APRIL 4, 2025

Financial due diligence (FDD) is a critical component of this process, offering numerous benefits that can significantly impact the outcome. A healthy gross margin indicates that the business is effectively managing its production costs and generating sufficient profit from its sales.

Non-Profits 59

Non-Profits financial statements payroll Sales 59

CPA Practice

JUNE 25, 2025

OBannon Accounting Standards June 23, 2025  IASB Issues Revised Practice Statement on Management Commentary The revised Practice Statement supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.

Technology 71

Technology accounting and finance payroll payroll tax 71

Going Concern

JANUARY 9, 2025

TAX CANDIDATES FTE Tax Senior | Candidate ID #23616387 Certifications: EA Education: BS Accounting, MS Taxation Experience (years): 10+ tax and accounting Work experience (detail): 6+ in public accounting 3 in healthcare industry Full cycle accounting and financial reporting Prepared tax filings for individuals, SMBs, partnerships, nonprofits 30% review (..)

Real Estate 52

Real Estate accountant Account accounted 52

Going Concern

JANUARY 2, 2025

TAX CANDIDATES FTE Tax Senior / Manager | Candidate ID #23674176 Certifications: EA Education: BS Accounting, MS Accounting and Finance Experience (years): 20+ years accounting and tax Work experience (detail): 10+ years in public accounting Remote team management experience Tax planning and compliance, advisory 70% review during 2024 tax season Preparation (..)

Real Estate 52

Real Estate accountant Account accounted 52

Going Concern

NOVEMBER 21, 2024

TAX CANDIDATES FTE Senior Tax Accountant | Candidate ID #23560436 Certifications: EA in process Education: BBA Accounting Experience (years): 7+ years in public accounting Work experience (detail): Tax manager with a CPA firm Client account clean up Prepared 500+ returns in 2024 tax season Reviewed 200+ returns Client niches: Manufacturing, Hospitality, (..)

Real Estate 52

Real Estate accountant Account accounted 52

Going Concern

JUNE 19, 2025

ACCOUNTING CANDIDATES FTE Accounting Senior / Manager | Candidate ID #24311574 Certifications: QB ProAdvisor, CPA in process Education: BS Accounting, MS Experience (years): 15+ years accounting experience Work experience (detail): 10 in public accounting Month / year end close and financial reporting for SMB clients Supervised and trained accounting (..)

Real Estate 52

Real Estate Tax accountant Account 52

Going Concern

JANUARY 17, 2025

Work experience: All in public accounting Supervises a tax team of 5 associates Review and analysis of financial statements Tax planning, research, and projections Peer review Client niches: SMBs.

Real Estate 52

Real Estate accountant Account accounted 52

ThomsonReuters

APRIL 4, 2025

Example : A retail business can implement a smart contract to automatically calculate and report sales tax , ensuring accurate and timely tax filings. Example : Continuous real-time auditing through smart contracts can help identify and resolve discrepancies promptly, enhancing the reliability of financial statements.

accountant 52

accountant Account accounted Technology 52

Going Concern

OCTOBER 25, 2024

According to the audit report, Butler County voters had previously enacted a one-half cent sales tax with a provision to reduce property taxes by 50 percent of sales taxes collected but, when calculating the reduction, the County Clerk did not account for the difference between estimated and actual sales taxes collected for the preceding year.

accounting and finance 59

accounting and finance audit Florida New York 59

Menzies

JULY 18, 2025

Traditionally, shipping companies relied on bank debt and equity financing, but there is a growing trend towards sale-and-leaseback arrangements, especially following the COVID-19 pandemic’s impact on the sector. Benefits Sale-and-leaseback arrangements benefit both lessors and lessees. These being: 1.

Sales 52

Sales accounting and finance chartered accountant Finance 52

Going Concern

JULY 10, 2025

Remote Work Experience: Y Salary: $160k, flexible considering incentives Time Zone: Eastern Sign up for FREE to learn more about this candidate FTE Senior Tax Manager / Director | Candidate ID #24423345 Certifications: EA Education: BS Accounting Experience (years): 12+ years accounting and tax experience Work experience (detail): All in public (..)

Real Estate 59

Real Estate Tax accountant Account 59

Going Concern

OCTOBER 31, 2024

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #22591376 Certifications: CPA Education: BBA Accounting Experience (years): 5+ years accounting experience Work experience (detail): All in public accounting Tax planning and client advisory Experience reviewing tax returns Client relationship management experience Client niches: SMBs, (..)

Real Estate 59

Real Estate accountant Account accounted 59

CPA Practice

NOVEMBER 14, 2024

The Financial Accounting Standards Board (FASB) is calling on academics, accountants, auditors, lenders, financial statement preparers, and other stakeholders to provide their views on financial key performance indicators (KPIs). The FASB on Nov.

financial statements 52

financial statements auditor accounting standards financial accounting 52