Remove cost accounting Remove cpas Remove financial statements
article thumbnail

CPAs Should Get Into Weed, Says CPA Into Weed (As a Business, That Is)

Going Concern

Clever CPAs who get in on the ground will not only open themselves up to nearly unlimited billing potential (yay), they’ll be helping cannabis businesses navigate the as-yet murky waters of legit marijuana business. This recent Journal of Accountancy article. So how do CPAs get into this niche?

cpas 72
article thumbnail

Gaining More Value with Virtual Accounting

AccountingDepartment

They might hand over a spreadsheet and a box of receipts and then the CPA does all the work. The CPA will often provide some tips on how to lower next year’s tax bill, but then it’s goodbye until next year. Good CPAs are valuable to any business, but they only handle part of your accounting needs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Effectively Leveraging Accounting for Financial Planning Strategy

CPA Practice

Having the capacity to perform financial analysis comes down to skill, bandwidth, and the balance between prioritizing today’s needs with tomorrow’s opportunities. In addition, cost accounting helps leadership understand its most profitable services and determine product or service pricing.

article thumbnail

Offering Virtual CFO Services in the Cannabis Industry with Guillermo Rodriguez

Anders CPA

Guillermo (00:02:04) – And like most CPAs, I think I had the opportunity to go into industry or public accounting when I graduated college and I decided to go into industry and got my CPA. And there’s courses out there to learn how the cost accounting works in the cannabis industry.