Remove 2020 Remove accounting principles Remove financial statements
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Jeanne Dee Appointed to FASB Not-for-Profit Advisory Committee

Anders CPA

With nearly 20 years of industry experience, Jeanne leads the Not-for-Profit practice at Anders, working with organization leadership, executive directors and board members to help them better understand the financial reporting process. Jeanne also served as a board member and secretary for the Missouri State Board of Accountancy.

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The Rundown: Third Quarter 2023

Cherry Bekaert

The SEC staff’s view is that equity-classified share-based awards with employees are not subject to Accounting Series Release (ASR) No. 268, Presentation in Financial Statements of “Redeemable Preferred Stocks” solely due to a provision in the instrument designed to satisfy the employer’s statutory withholding requirements.

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Accountants Didn’t Wind Up In Court As Often In 2021

Going Concern

From the report, Accounting Class Action Filings and Settlements – 2021 Review and Analysis : Reversing a three year trend, the number of securities class action filings involving accounting allegations dropped in 2021. In 2020 there were 70 accounting-related securities class actions filed by plaintiffs.

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What You Need to Know about GASB 96

CPA Practice

Without a standard accounting method, such committed future liabilities and their related intangible assets are not included on financial statements. That’s why the Governmental Accounting Standards Board issued GASB 96 in May 2020, effective for fiscal years beginning after June 15, 2022. What are SBITAs?

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Downtown Streets Team saves 48 hours every month with Accounting Automation

Accounting Seed

million people experienced homelessness in 2020 alone—with California accounting for 28% of the homeless population in 2023. Previously, their accounting systems were completely outsourced, taking 60 days (sometimes more) to see a financial statement.

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Friday Footnotes: Deloitte Partner Scammed By Other Deloitte Partner; Big 4 Legal Grows; A $3.5 Billion Error | 2.17.23

Going Concern

Audit Lack of Crypto Audit Regulation Raises Questions About PCAOB Authority [ Wall Street Journal ] The Public Company Accounting Oversight Board is facing calls to be the regulator that brings supervision to bear on auditors of cryptocurrency companies, even as the majority of crypto businesses fall outside its jurisdiction. “It

Legal 98
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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline.