Your Daily Accounting Briefing – 2024-07-26
Let’s see what’s in the news today. Going concerns decrease 31% over 20 years Going concern opinions have slowly decreased over the last two decades, with the exception of spikes during the
News
Introducing Checkpoint Edge: now with AI-Assisted Research feature.
TLDR: Thomson Reuters has released Checkpoint Edge with a new AI-Assisted Research feature to help tax professionals find answers to tax research questions using
Tech and touch: Finding harmony between screens and relationships.
Mindful technology: Balancing digital tools and human connection TLDR: Key points: Mindful technology prioritizes human well-being and connection while using digital tools consciously. Implementing
IASB tackles challenging decisions regarding pollution pricing in accounting standards.
TLDR: In this article, the International Accounting Standards Board (IASB) is facing tough choices on how to account for pollution pricing mechanisms. The key
Marquis Who’s Who recognizes Nobue Sato Block, CPA, for excellence.
Marquis Who’s Who Honors Nobue Sato Block, CPA, for Excellence in Banking, Compliance and Accounting TLDR: Nobue Sato Block, CPA, has been selected for
Boosting students’ education at Ole Miss, thanks to family endowment.
TLDR: Reggie Holley, Claire Tutor, and Joan Yarber, the children of the late UM alumnus John Reed Holley, made a recent gift to the
Uncover the power of accountancy in driving national development.
TLDR: Accountancy, as highlighted by the International Federation of Accountants (IFAC), plays a crucial role in economic expansion and prosperity. Accountants provide assurance, tax
ATO targets ‘bleisure’ travelers, experts caution.
TLDR: The ATO is cracking down on “bleisure” travel claims, urging business travellers to be cautious. Travellers should keep detailed travel diaries to substantiate
“Get Organized! Monthly Accounting Checklist for Dynamics 365 Business Central”
TLDR: Key points: Month-end checklist capabilities exist in Dynamics 365 Business Central using User Tasks User Tasks allow for task assignment, due dates, task
Latest
“Vancouver Island University’s accounting program equals career success.”
TLDR: VIU’s Bachelor of Business Administration, Major in Accounting program has helped four alumni find success in their careers in the field. Graduates share
IRS clarifies tax information for USDA discrimination program inquiries.
IRS Offers Guidance on USDA Discrimination Program TLDR: IRS and Treasury issue FAQ on USDA Discrimination Financial Assistance Program Participants may need to include
Friday Footnotes: CPA’s Call to End ERC Fearmongering. Deloitte Criticized.
TLDR: A CPA advises to stop fearmongering about the Employee Retention Credit (ERC) on Tax Twitter. Deloitte faces criticism for its “grueling culture” as
Apple REIT parts ways with Ernst & Young accounting firm.
Apple Hospitality Reit Dismisses Ernst & Young as Accounting Firm TLDR: Key points: Apple Hospitality REIT has dismissed Ernst & Young LLP as its
Your Daily Accounting Briefing – 2024-02-25
Let’s see what’s in the news today. Impact accounting framework released – with $236 per tonne cost of carbon The International Foundation for Valuing
Niraly Patel ’22 is poised for success.
TLDR: Niraly Patel ’22 majored in Accounting and minor in Finance at the University of Lynchburg She credits her success to the College of
Podcast: Dive into Zoho Analyst Day 2024 with us!
Summary of Zoho Analyst Day 2024 TLDR: Zoho Analyst Day 2024 conference held in McAllen, Texas provided insight into tech developments and one-on-one developer
Upcoming Business Structures: Beyond LLC in 2024
TLDR: Alternatives to the Limited Liability Company (LLC) include S Corporations (S Corps) and Benefit Corporations (B Corps). S Corps offer unique tax advantages
“Stay proactive with on-farm accounting for clear financial insights.”
TLDR: Traction Ag is a cloud-based farm accounting application focused on providing real-time visibility and insights for farmers. The company’s new CEO, Dustin Sapp,