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Financial vs Tax Accounting

SMBAccountant

One type of accounting that is well-known is tax accounting. According to Investopedia, tax accounting is “a structure of accounting methods focused on taxes rather than the appearance of public financial statements”. Tax accounting applies to individuals, businesses, and corporations.

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Friday Footnotes: Deloitte Partner Scammed By Other Deloitte Partner; Big 4 Legal Grows; A $3.5 Billion Error | 2.17.23

Going Concern

.” Big Four: EY, Deloitte, KPMG, and PwC step on law firms’ toes increasing legal revenue to £1.25bn [ City A.M. ] The Big Four accounting firms – EY, Deloitte, KPMG, and PwC – are capturing an ever-larger share of the global market for legal services. Billion Error | 2.17.23 appeared first on Going Concern.

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Strong Businesses, Strong Strategic Partnerships

Basis 365

Financial Accounting Team: A dedicated accounting team is essential for daily bookkeeping, bill payment processing, payroll, sales invoicing, and financial statement preparation. Legal Corporate Attorney: Every business needs legal guidance for entity formation, compliance, contract review, and dispute resolution.

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Friday Footnotes: PwC Completes Its Punishment; Hybrid Work Should Stay in 2025; Deloitte Clutters Up the Dark Web | 1.3.25

Going Concern

Talent Using podcasting to attract accounting talent [ Journal of Accountancy ] Two Boise State University accounting professors created a podcast series to attract new talent by taking students on professional journeys. Now certified public accountant Christopher L.

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Unlocking the Value: The Essentials of Purchase Price Allocation

Withum

A Purchase Price Allocation (“PPA”) is a financial accounting process that takes place after a business acquisition or merger. The purpose of a PPA is to determine the fair value of the acquired assets and liabilities, which is essential for accurate financial reporting. What is a PPA? Why Do I Need One?

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Friday Footnotes: They Really Screwed Up That PCAOB Cheating Thing; Better Not Get Burned Out; Uber of Audits | 3.8.24

Going Concern

Deloitte Legal Chief Sees Opportunity in GCs’ Need to Modernize [ Bloomberg Law ] GC = general counsel The new global head of Deloitte’s legal services arm said he’s focused on delivering more integrated consulting to general counsel while acknowledging the Big Four’s entry into legal services has gone slower than many anticipated.

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Tech Startup Accounting Insights From A Y Combinator Company

inDinero Tax Tips

Download your Series A checklist: Download Here The Importance of Accounting for Tech Startups Accounting is about more than compliance. Startups that hope to attract venture capital need to be able to provide high-level financial statements to investors. Accountants operate on a higher level.