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Why Should Skagit County Businesses Care About FASB and GAAP?

SkagitCountyTaxServices

But there’s ANOTHER organization that you should, at the very least, be educated about as you grow. Standards are always out of date. That’s what makes them standards.” – Alan Bennett. One independent organization working to keep companies’ books clear and honest is the Financial Accountant Standards Board.

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Overview of Cost Accounting Standards (CAS) for Government Contractors

Cherry Bekaert

Among those regulations are the Cost Accounting Standards (CAS), which are one of the most common challenges faced by emerging government contractors. Compliance with CAS is a contractual obligation, and failure to adhere to these standards can result in financial penalties, contract adjustments and contract termination.

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Jeanne Dee Appointed to FASB Not-for-Profit Advisory Committee

Anders CPA

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the Financial Accounting Standards Board (FASB) Not-for-Profit Advisory Committee (NAC) effective January 1, 2024.

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Benefits of Matching Financial and Non-Financial Data

Withum

This can help the organization to comply with the accounting standards and regulations that apply to not-for-profit organizations, such as GAAP (Generally Accepted Accounting Principles) or compliance with government funding sources and regulations.

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JumpRope Increases Financial Efficiency by 400% with Accounting Automation

Accounting Seed

JumpRope , a unique software solution paving the way for an educational revolution, would say, “No!” JumpRope’s software provides a platform for educators to engage and empower students through purposeful planning and learning goals.” It becomes less about a grade and more about developing educated, lifelong learners,” said Meyer.

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Guide to accountant responsibilities

ThomsonReuters

As outlined by Garcia , for CPAs in financial accounting, some of the top responsibilities to clients include: Providing timely and trusted answers Staying on top of emerging regulatory activities Helping clients implement and consistently apply high-quality accounting standards Partnering when clients need help navigating certain situations.

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Online Accountants Forums: The 14 Best

Ryan Lazanis

Founded by Jason Staats, Realize offers its members a number of privileges, including access to a wide range of educational materials, engaging discussions, and keeping up-to-date with the latest industry trends. Topics range from accounting principles and practices to financial reporting and analysis.