Going Concern

MARCH 24, 2023

Tax The IRS plans to tax some NFTs as collectibles — and the rich would pay up to 28% on profits [ CNBC ] The IRS said it plans to tax some non-fungible tokens, or NFTs, as collectibles akin to art or gems — an approach that would tax profits for wealthy owners at a higher rate relative to assets such as stocks, real estate and cryptocurrency.

auditor 105

auditor Entertainment audit Real Estate 105

ThomsonReuters

FEBRUARY 1, 2024

Today, GAAP is a required accounting practice for for-profit companies, non-profits, and government entities in the United States. So, what are the GAAP accounting rules? And how can accounting professionals stay up to date with GAAP standards? What are the GAAP accounting rules? securities law.

Non-Profits 52

Non-Profits accounting standards Maine accounting and finance 52

ThomsonReuters

JANUARY 18, 2024

Additionally, depending on the type of firm, accountants may be involved in more advisory-centric responsibilities, such as analyzing financial data and providing clients with strategic guidance and recommendations on how to reduce costs and boost profitability. Accountant vs. CPA vs. tax preparer: What are the differences?

accounted 59

accounted Account accountant tax preparation 59

Snyder

NOVEMBER 22, 2022

help to understand the financial situation better. Without these financial statements , you won’t have an objective answer to urgent matters, which is why these are the Fantastic Four of the accounting basics. . The Fantastic Four of accounting. To do this, you must record important accounting details.

accounting principles 52

accounting principles basic accounting accounted Account 52

inDinero Accounting

APRIL 9, 2021

You’re making the switch to improve your board meetings with investors, get through an annual financial statement audit, complete your series A financing, or for an IPO. Seeing the cash-in and cash-out every month is reassuring, but you’re making the change in accounting method because your company’s growth depends on it.

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accrual accounting double entry bookkeeping Non-Profits bookkeeping 53

Going Concern

APRIL 15, 2024

“Our new strategic plan reflects the IESBA’s unwavering determination to face the external environment head-on, broaden the reach and scope of our work, and set the highest standards of ethical conduct for professional accountants and others who play a role, large or small, in the financial and non-financial information supply chain.

audit 64

audit Account accountant accounted 64

Anders CPA

JANUARY 8, 2024

From a financial perspective, the fundamentals of a legal practice are similar to other service-based companies. But a sound grasp of accounting practices is only table-stakes for a virtual CFO. They’re not big enough to afford a full-time CFO as well as an accounting team (controller, accounts receivable, etc.),

accounted 52

accounted Account accountant Non-Profits 52

Anders CPA

JANUARY 8, 2024

From a financial perspective, the fundamentals of a legal practice are similar to other service-based companies. But a sound grasp of accounting practices is only table-stakes for a virtual CFO. They’re not big enough to afford a full-time CFO as well as an accounting team (controller, accounts receivable, etc.),

accounted 52

accounted Account accountant Non-Profits 52

Cherry Bekaert

JULY 20, 2023

The Financial Accounting Standards Board (FASB) has issued only two new Accounting Standard Updates (ASUs) and the Government Accounting Standards Board (GASB) has not issued any new GASB Statements in 2023. Standard setters have been relatively inactive this year. Securities and Exchange Commission (SEC).

income tax 75

income tax Legal accounting and finance Tax 75

Snyder

NOVEMBER 16, 2022

Using free accounting software for Mac is more typical for smaller companies that have the most basic accounting needs. So as a company grows, it might be more profitable to choose paid accounting software and enjoy wider functionality. Subscription-based accounting software. Source: zoho.com. Source: waveapps.com.

accounting software 52

accounting software accounted Account accountant 52

Cherry Bekaert

FEBRUARY 8, 2023

The Financial Accounting Standards Board (FASB) issued only six new Accounting Standard Updates (ASUs) and the Government Accounting Standards Board (GASB) issued only three new GASB Statements in 2022. As a result, entities did not invest resources to identify and separately account for embedded leases.

Non-Profits 40

Non-Profits Government income tax accounted 40

inDinero Accounting

JANUARY 9, 2023

Budgeting and Future Cash Flow Planning A good accountant can tell you where your business is financially. A great accountant can help chart a path for your business’s financial future. While your accountant may not be able to integrate your software for you, they can likely recommend an ERP consultant who can.

accounted 52

accounted Account accountant accrual accounting 52

inDinero Accounting

JANUARY 9, 2023

A good accountant can tell you where your business is financially. A great accountant can help chart a path for your business’s financial future. With the help of advanced financial modeling tools, your accountant can determine where your profit centers are and relieve financial pressure points in your budget.

accounted 52

accounted Account accountant accrual accounting 52

Going Concern

APRIL 7, 2023

.’s accounts drew scrutiny from regulators, the firm’s plan to secure a U.K. Last month, audit firm BDO issued a so-called qualified opinion for Revolut’s 2021 accounts. In the letter, Revolut requested changes to Reuters’ article on the financial statements, which the news agency declined to make.

auditor 105

auditor chartered accountant audit accounting and finance 105

Anders CPA

DECEMBER 1, 2023

The cannabis industry is really pushing forward to help people have their own freedom to choose their path to well-being through non-conventional medicine. Intro (00:00:00) – Welcome to the Modern CPA Success Show, the podcast dedicated to helping accounting firms stay ahead of the curve. And so, I did that for a few years.

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Start-ups Legal Non-Profits CPA 52

Anders CPA

APRIL 15, 2025

In January 2025, the Office of Management and Budget (OMB) ordered a pause on certain federal grants, transactions and loan fund disbursement, causing understandable concern for not-for-profits that rely on these funds for their mission. Below are some of the potential accounting implications of the federal grant freeze.

Non-Profits 52

Non-Profits financial statements Account accountant 52

Withum

DECEMBER 4, 2024

There is also a 15% corporate alternative minimum tax (CAMT) based on book income for companies with average annual adjusted financial statement income exceeding $1 billion. The election must be reflected for financial accounting purposes or the books and records of the company as well. start-up companies).

Tax 105

Tax income tax Construction Non-Profits 105

Shay CPA

FEBRUARY 26, 2025

While there are absolutely some best practices all tech companies should deploy year after year, its also true that things change in the accounting world. As new regulation impacts taxes and new bookkeeping requirements get issued by the Financial Accounting Standards Board (FASB), for example, things shift.

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Technology accounted Account accountant 52