Financial reports and accounting information may seem time-consuming or confusing. But, that data is an essential part of running a business—especially when you need to make big decisions. Do you need to take out a loan? Can you afford to give raises to your employees? What about buying new equipment? All of these questions can […]
LeaseCrunch debuts lease accounting audit software – Accounting Today
LeaseCrunch has debuted a new solution for lease accounting auditing, designed to reduce the time and expense spent delivering this service. LeaseCrunch Verify allows firms to add client accounts from one dashboard and enter and test a sample size of their leases. Firms can also add the selected sample of leases to their “prepared by […]
How a Cash-Only Budget Could Be the Breakthrough Your Small Business Needs
If you’ve attempted to budget without success, it’s time to give the cash-only approach a try. Free Book Preview Entrepreneur Kids: All About Money Submit your email to get a sneak peek of some of the fun, educational worksheets included in our NEW book for the little entrepreneur in your life. May 25, 2021 5 […]
AICPA & CIMA issue new nonauthoritative guidance for auditing digital assets
AICPA & CIMA issued nonauthoritative guidance for auditing digital assets such as cryptoassets in the areas of risk assessment, processes and controls, laws and regulations, and related parties. The guidance was added to the free practice aid Accounting for and Auditing of Digital Assets. The AICPA created the practice aid in December 2019 with nonauthoritative […]
How to Tax Save for FY 2021-22 – Download Tax Planning ebook
How to Tax Save Income for Salaried and Professionals for FY 2021-22? – a question that is often asked by my friends, family and blog readers. This is expected mainly due to the complicated income tax structure. There are multiple tax sections and every year a few more are added or modified. It’s hard to […]
Accounting profession continues to zero in on DEI issues – Journal of Accountancy
Leaders of the accounting profession have demonstrated a heightened commitment to diversity, equity, and inclusion (DEI) as this issue has grown exponentially in prominence over the past year. George Floyd’s death one year ago and other incidents of racism brought about social unrest that deeply affected people everywhere. Although diversity and inclusion has been on […]
Accounting profession continues to zero in on DEI issues
Leaders of the accounting profession have demonstrated a heightened commitment to diversity, equity, and inclusion (DEI) as this issue has grown exponentially in prominence over the past year. George Floyd’s death one year ago and other incidents of racism brought about social unrest that deeply affected people everywhere. Although diversity and inclusion has been on […]
UNT accounting students take first place in regional competition – Denton Record Chronicle
Five University of North Texas students jointly won a regional IT competition, earning themselves a large trophy and $6,000. The team consisted of Fariha Ahmed, Mackenzie Compton, Lauren Eaton, Arthur Hatch and Dalicia Savoie. All five are UNT accounting students. Teams across the North Texas region competed in the 2021 Information Systems Audit and Control Association, in which […]
Financial Accounting 101 – St. Petersburg College
Financial Accounting 101 May 24, 20216:00 PM to 7:00 PM Online “Are you in an ACG 2021 Financial Accounting course? If so, this workshop is for you! Offered every Monday from 6-7 p.m. (Except Memorial Day)Each week, we will cover Financial Accounting questions based on what attendees wish to see. Need help telling a Debit […]
Private companies still unprepared for leases standard – Accounting Today
A sizable chunk of private companies still aren’t ready to implement the new lease accounting standard before the end of the year, despite postponements in the deadline due to the pandemic. Nearly one-fifth (19.8%) of executives at privately held organizations feel unprepared to comply with the Financial Accounting Standards Board’s lease accounting standard, according to […]