Fifteen-person firm Goldglit & Company LLP went remote virtually overnight last March when New York City was among the first locations to be hard-hit by COVID-19. As the pandemic’s impact receded in the city, the firm decided to reopen its offices on June 1, 2020, and allow staff to choose between remote or in-office work, […]
Art of Accounting: Some clients I dropped – Accounting Today
I never thought dropping clients was a good strategy. How could I grow if I dropped clients? Well, there are many who feel it is necessary to drop clients as a way to improve their practice. I disagree. Running an accounting practice is a business and when a business gets busy, you add resources or […]
Career changers consider accounting – RochesterFirst
ROCHESTER, N.Y. (WROC) — Many people have expressed a desire to change careers during the pandemic. CPA Scott Adair of the New York State Society of CPAs discussed the array of options available in the field of accounting Monday during News 8 at Sunrise. “I am a little bit biased regarding this profession so I […]
JW Accounting already adding to the community | News, Sports, Jobs – Faribault County Register
Jessica Warehime is the proud owner of JW Accounting, a new accounting firm that has recently opened up on South Main Street. Above, she works at her firm. Warehime is both a dedicated business owner, and a dedicated mother JW Accounting is the new firm on the block, and owner Jessica Warehime is excited to […]
Covetrus names new chief accounting officer to succeed Laura Phillips – Mainebiz
Portland-based Covetrus Inc. (Nasdaq: CVET), which has changed up and expanded its C-suite since launching two years ago, has named a new chief accounting officer. Drew Coxhead will become CAO, vice president and corporate controller on Aug. 16, succeeding Laura Phillips, who is retiring from Covetrus, the company said in a news release Thursday. Courtesy […]
United Federal Credit Union names director of accounting, controller – grbj.com
Justin Mederios Courtesy United Federal Credit Union A southwest Michigan credit union appointed a director of accounting and controller. St. Joseph-based United Federal Credit Union said Wednesday that it hired Justin Medeiros for the position. He brings 10 years of financial industry experience to United. Most recently, he served as vice president/assistant controller for BankNewport […]
Single audit rules clarified for Provider Relief Fund recipients
Information included in the newly released HHS FAQs states that nonfederal entities will include PRF expenditures and/or lost revenues in the schedule of expenditures for federal awards (SEFA) for fiscal years ending on or after June 30, 2021. The AICPA Governmental Audit Quality Center (GAQC) has confirmed with HHS that the new guidance supersedes previous […]
How to Calculate Total Revenue in Accounting Like a Boss
Keeping an eye on your business’s finances is oh-so-important if you want your company to thrive and grow. This includes monitoring your financial statements and calculating financial figures, such as total revenue. Get the lowdown on how to calculate total revenue and ways to use it to benefit your business. What is total revenue? Total […]
What is EBITDA? The Answer You Need to Know
Owning a business means understanding your company’s value. To calculate the value of your company, you can use a formula called EBITDA. But, what is EBITDA? What taxes are included in EBITDA? Are payroll taxes included in EBITDA? Grab your pen and paper while we answer these questions and look at what all goes into […]
Ready, Set, Go! Mark Your Calendars With Sales Tax Holiday Dates
For business owners in most states, collecting and remitting sales tax is part of the job description. But on select dates throughout the year, your customers can take advantage of a sales tax holiday. As a business owner, you must know about and adjust your collections process for sales tax holidays. Read on to learn […]