Breakaway Bookkeeping & Advising, a startup company based in Portland, Oregon, is starting to build a network of accountants, bookkeepers and financial advisors who can act as virtual CFOs for small-business clients. “At Breakaway, we’re doing things a little bit differently than a typical accounting firm,” said CEO Kristen Keats (pictured). “We formed our company […]
Pradhan Mantri Vaya Vandana Yojana (PMVVY) – Good Pension Plan for Senior Citizens
Pradhan Mantri Vaya Vandana Yojana or PMVVY was first announced in Budget 2017 and launched on May 4, 2017. The scheme was open till March 31, 2020. The good news is PMVVY has now been extended to March 31, 2023 albeit with lower interest rates. In this post we review the new Pradhan Mantri Vaya […]
Highest Recurring Deposit Interest Rates (RD) – July 2020
We compare the Recurring Deposit Interest Rates (or RD Interest Rates) across 40 major banks in India so that you can invest in the best RD. Recurring Deposit is very popular way to save money especially for people with regular income or house wives. This is because RD forces you to save a fixed amount […]
Accounting estimates and disclosures addressed in new auditing standard
In a new standard issued Friday, the AICPA Auditing Standards Board provides requirements and guidance to auditors for auditing accounting estimates, which often is one of the most challenging areas a practitioner faces during an engagement. Statement on Auditing Standards (SAS) No. 143, Auditing Accounting Estimates and Related Disclosures, is designed to: Enable auditors to […]
Accounting estimates and disclosures addressed in new auditing standard – Journal of Accountancy
In a new standard issued Friday, the AICPA Auditing Standards Board provides requirements and guidance to auditors for auditing accounting estimates, which often is one of the most challenging areas a practitioner faces during an engagement. Statement on Auditing Standards (SAS) No. 143, Auditing Accounting Estimates and Related Disclosures, is designed to: Enable auditors to […]
What are the Pros and Cons of Incorporating a Business?
At some point or another, you may decide to incorporate your company. Like many things in business, incorporation has its advantages and disadvantages. Read on to learn the pros and cons of incorporating a business to determine if it’s a good fit for your company. Overview of incorporation Before you dive into the pros and […]
Sovereign Gold Bond 2020 – Best (Tax Free) way to Invest in Gold
Sovereign Gold Bond were first proposed in Budget 2015 and since then has evolved in a popular investment product. The Indian’s love for gold is well known and most of the gold is imported, it led to a huge import bills. To counter this government came with the idea of Gold bonds. What is Sovereign […]
How to Buy Sovereign Gold Bonds? Invest with Few clicks on SBI, ICICI, etc
This post tells you multiple ways to buy Sovereign Gold Bonds online. In short time that SGB are in the market it has become quite popular and can be considered the best way to invest in Gold. This is mainly because it’s safe, secure, easy to manage, no fear of impurity and best part is […]
Strategies for CPAs to encourage positive changes in diversity
The racial injustice taking place throughout the United States has hit home hard for members of the AICPA National Commission on Diversity and Inclusion, who spend much of their time developing strategies and resources for improving the diversity of the accounting profession. Commission member Elena Richards, minority initiatives and talent management leader in the Office […]
Dr. Marianne Stankiewicz Battista ’56, ’70, a giant of Rider’s accounting program, dies at 85 – News at Rider
Dr. Marianne Stankiewicz Battista ’56, ’70, an associate professor emerita of accounting who helped Rider University’s accounting program gain national visibility, died on June 27. She was 85. She taught accounting at the undergraduate and graduate level for 24 years at Rider until her retirement in the mid-1990s. Since then, she was recognized repeatedly for […]