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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 Governmental Accounting Standards Board chairman Joel M.

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Should Tax Planners Work with Family Offices? How Family Offices Work

CTP

Administrative & Financial Support Moving into the realm of finances, a family office may handle bookkeeping, legal and estate planning oversight, cash flow management, financial advice, insurance management, accounting and tax filing oversight, and charitable giving management.

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How to Turn a Shortage of Accountants Into an Opportunity for Businesses

CPA Practice

The American Institute of Certified Public Accountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8% And according to the Institute of Management Accountants and staffing firm Robert Half, more than 1 in 10 accountants in the U.S.

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Tech news: Bloomberg announces new features for AI Assistant

Accounting Today

In addition, the solution integrates with spend management solution Airbase , which means organizations can now manage both payroll and non-payroll spend in a single system grounded in the employee record and integrated with their ERP software.

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AICPA & CIMA Announce Inaugural Graduates of the Registered Apprenticeship for Business Partner Program

CPA Practice

The program is built on the globally rigorous CGMA Finance Leadership Program leading to the award of the Chartered Global Management Accountant (CGMA) designation. I was attracted to this program for the depth and breadth of learnings, noted Jeffrey Culp.

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Koziel: There's more upside than downside for accountants

Accounting Today

While many are concerned about how the influx of PE money into the profession will reshape accounting — and Koziel was adamant about making sure that it doesnt compromise quality, particularly in audit — he said firms need to be able to find the model that works for them, and that PE can teach some valuable lessons. Partner accountability.

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GASB gives guidance on pronouncements

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders. The guide also includes amendments to previously issued implementation guidance related to ownership of an asset and governmental fund type definitions.