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Accounting Groups Call for More Competitive Pay for Government CPAs

CPA Practice

State and local governments are being squeezed by a shortage of accounting professionals, making it difficult at times to find staff CPAs who can prepare critical financial information or outside firms to conduct audits. But accountants who do government work face unique challenges that require more specialized solutions.

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IRS and Federal Government Will Stop Accepting Paper Checks as Payments

CPA Practice

In addition to halting issuing of paper checks, the government will no longer accept paper checks as payment.

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FASB Looks to Add New Rules on Accounting For Government Grants by Businesses

CPA Practice

A new proposal that would establish authoritative guidance on the accounting for government grants received by businesses was issued by the Financial Accounting Standards Board (FASB) on Nov. rules instead of analogizing to IAS 20 or other guidance, thus narrowing the variability in accounting for government grants, the FASB said.

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How AccountingDepartment.com Ensures DCAA Compliance for Government Contractors

AccountingDepartment

Navigating the complex world of government contracting often means adhering to stringent requirements, especially when it comes to accounting practices. For government contractors, being DCAA-compliant (Defense Contract Audit Agency) is not just a recommendation—it’s a necessity.

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How Businesses are Managing the New Reality of Work: A Paycor Survey

Did they need government funds? We wanted to know how COVID-19 impacted businesses and their workforces. How many workers did they layoff or furlough? Are employees working from home now? How’s team morale? And perhaps most importantly, what are their plans for the future?

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Saving for College: Tax Breaks and Strategies Your Family Should Know

RogerRossmeisl

State governments or private institutions establish 529 plans. Qualified tuition programs or 529 plans A 529 plan allows you to buy tuition credits or contribute to an account set up to meet your childs future higher education expenses. Contributions arent deductible.

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Inside GASB's far-reaching agenda

Accounting Today

The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. "If But in todays environment, its at least something they have to consider."

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

He will also dive into topic definitions, governance structures, and framework components for success. This exclusive webinar with William Hord, Senior VP of Risk & Professional Services, will explore the answers to these questions and other foundational elements you need to start or validate your ERM program. Register today!