Withum

JANUARY 27, 2025

With this repeal, banks and financial institutions custodying crypto for customers are no longer required to allocate reserves to balance out Bitcoin as a liability on the balance sheet. Contact Us For more information on this topic, please contact a member of Withum’s Digital Currency and Blockchain Technology Services Team.

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Snyder

MAY 27, 2022

So what’s managerial accounting, and why is it crucial for small business owners? Managerial accounting is…. How managerial accounting looks at data. What managerial accounting focuses on. Major tasks of managerial accounting. Financial accounting vs. managerial accounting. Contents: 1.

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Accounting Insight

JANUARY 7, 2025

Cloud-based LeaseJava enables audit firms, corporations and non-profit/government entities to manage their leases and ensure compliance with accounting standards such as ASC 842, IFRS 16 and GASB 87. The organization also plans to extend the solutions availability to other markets, including Canada and the UK.

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SkagitCountyTaxServices

JUNE 8, 2022

If the last 20 years of the economy’s highs and lows, downturns and headlines taught us anything about business, it’s that complete and transparent accounting is in everyone’s best interest. One independent organization working to keep companies’ books clear and honest is the Financial Accountant Standards Board.

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CPA Practice

AUGUST 10, 2023

In his new role, Dyer will be responsible for ensuring Grant Thornton’s engagement teams and clients continue to have access to industry-leading acumen, thought leadership and training on technical accounting standards. Dyer is also a member of the AICPA’s Depository Institution Expert Panel.

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inDinero Tax Tips

FEBRUARY 22, 2023

For an executive or business owner, keeping up to date with accounting regulations is low on the to-do list. However, you should make an exception for “Accounting Standards Codification Topic 606: Revenue from Contracts with Customer” often referred to as ‘ASC 606’ or ‘FASB ASC 606’ What Is ASC 606?

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inDinero Accounting

JUNE 29, 2023

The history of GAAP dates back to 1929 when the Committee on Accounting Procedure was founded by the American Institute of Accountants and tasked with developing uniform accounting standards. The components of GAAP can be broken down into two main categories: accounting procedures and reporting standards.

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