Remove cpas Remove double entry bookkeeping Remove Tax
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Monday Morning Accounting News Brief: Inside PwC When Scandal Breaks; SCOTUS Makes CPAs Nervous | 8.5.24

Going Concern

Related to the above, Financial Review published an excellent long read on what it was like inside PwC when the tax scandal story was breaking last year , part one in a series. Goethe called double-entry bookkeeping one of the finest inventions of the human mind. The disclosures were not well received. “We

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Role of CPAs in the Overall Economy

Withum

My career was spent as a certified public accountant (CPA) and it was extremely rewarding since I was able to help many clients in many different situations. Money does not get invested, committed or taxed without those involved having an understanding of the underlying activities. Accounting is the language of business and finance.

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How firms can create inclusive workplaces to retain LGBTQ+ accountants

ThomsonReuters

The accounting industry is seeing significant attrition among LGBTQ+ professionals Research commissioned by the Institute of Management Accountants (IMA), the California Society of CPAs (CalCPA), and the International Federation of Accountants (IFAC) revealed a surprising number of LGBTQ+ accountants are leaving their profession.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

Every digital marketing agency should have a proper bookkeeping system in place to manage their preferred cash flow, whether that’s cash and accrual accounting, single-entry, or double-entry bookkeeping. Marketing agencies should choose their bookkeeping system based on their preference and accounting needs.

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The Role Of An Accountant: A Guide To Today’s Accountant’s Roles, Duties, And Responsibilities

Snyder

Public accountants usually help with accounting records, financial statements, and tax filing. At this point, public accountants should possess strong knowledge of GAAP and the tax code. From the first attempts at single-entry bookkeeping in the 1400s to the invention of double-entry bookkeeping almost a hundred years after.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

Accounting for a small business usually means summarizing and analyzing financial transactions, producing accounting reports, and timely providing data for tax purposes and tax returns. Bookkeeping vs. Accounting. Single-entry bookkeeping vs. double-entry bookkeeping.