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Blockchain in accounting – what does the future hold?

Reckon

Thus, the advantage is clear – efficiency and accuracy in the recording and reporting of financial information will be immensely increased. Getting your firm ready for blockchain accounting. Every accounting firm on the planet should be concerned with readiness for blockchain accounting methods.

Account 97
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Big Four Seek Guidance On Trade Finance

PYMNTS

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. “Trade payables classification tends to be treated more favorably than borrowings (i.e.,

Finance 40
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Professionals on the Move – Sept. 2024

CPA Practice

She is working towards her master’s in accounting. Since joining the firm in 2021, Brianna has excelled in accounting, auditing, compliance, financial statement preparation, tax return preparation, and special projects. Sawyer, Senior Brianna Sawyer has been promoted to Senior.

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Friday Footnotes: CPAs Need to Get Contemporary; Internal Audit Priorities for 2024; A PwC Comic Book? | 8.30.24

Going Concern

North Jersey man sues law and accounting firms, says they padded his bills to nearly $2M [ NorthJersey.com ] An Oradell man is suing the law firm Sills Cummis & Gross PC and accounting firm CohnReznick, alleging the two entities padded his total bills to nearly $2 million. In the four-count suit filed Aug.

cpas 101
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Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24

Going Concern

Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S. Talent Accountants ramp up offshoring to bring down costs [ Financial Review ] We’re doomed.

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