MANHATTAN, Kan. (WIBW) – The Kansas State University Accounting Department’s Accounting and Technology Conference will hit a virtual platform on Oct. 22-23. Kansas State University says its Department of Accounting is hosting its second annual Accounting and Technology Conference on Oct. 22-23 and due to the COVID-19 pandemic will be holding the conference virtually. According […]
Accounting Today calls for nominations for 2020 Top 100 People – Accounting Today
Accounting Today is issuing a call for nominations for the 2020 edition of its annual Top 100 Most Influential People in Accounting list. The list profiles a wide range of figures who wield influence over the profession, from association leaders, to state and federal regulators, thought leaders, practitioners, academics, consultants and grassroots activists. To cast the […]
Corporate governance in COVID-19: Cybersecurity and technology considerations
Cybersecurity oversight is a key fiduciary responsibility for a board of directors and was a significant concern for companies even before the COVID-19 pandemic forced so many organizations to suddenly shift to remote work. Data breaches and other cyber threats pose significant competitive, reputational, and litigation risks and require increasingly costly investments to prevent, detect, […]
Learn the Accounting Skills That Can Help Your Business Thrive
Now’s your chance to gain financial literacy from a CPA. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! September 18, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a […]
Learn the Accounting Skills That Can Help Your Business Thrive – Entrepreneur
Now’s your chance to gain financial literacy from a CPA. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! September 18, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a […]
AICPA urges passage of ‘PPP 2’ legislation
The AICPA issued a news release Thursday afternoon renewing the organization’s call for the swift passage of legislation to extend and expand the Paycheck Protection Program (PPP). The PPP funded more than 5.2 million loans for a total of $525 billion but stopped accepting new applications on Aug. 8. The program closed with almost $134 […]
Treasury report on CECL standard is inconclusive
Market conditions during the coronavirus pandemic prevent a definitive assessment of the impact of FASB’s new standard on accounting for credit losses, according to a Treasury report issued this week. According to the congressionally mandated report, drawing conclusions regarding the current expected credit losses (CECL) standard’s impact since its initial implementation in early 2020 is […]
FASB alters not-for-profit accounting rules for gifts-in-kind – Journal of Accountancy
Not-for-profits will be required to provide additional information on the contributions of nonfinancial assets they receive under a new accounting standard issued Thursday by FASB. Also known as gifts-in-kind, contributed nonfinancial assets can include fixed assets such as land, buildings, and equipment; the use of fixed assets or utilities; materials and supplies, such as food, […]
Shake up Your Business’s Tax Classification With IRS Form 8832
Many business owners dream about finding ways to reduce their tax liabilities. With IRS Form 8832, you may be able to do just that by changing your tax classification. Read on to learn what is Form 8832 and whether you can use it to switch up your business’s tax classification. What is IRS Form 8832? […]
Accounting firm raising money for nonprofits to mark Virginia CPA Week – CBS19 News
“Our team members are committed to making a positive difference for our clients and our community, so using this time to highlight a few local nonprofits felt like the best way to celebrate the work our CPAs do,” said Jennifer Lehman, the CEO of Hantzmon Wiebel LLP.