Accounting
Census of Governments Illustrates Declining Aid to Localities, Other Trends in State and Local Finance
COVID-19 is placing an unprecedented strain on local economies, hospital systems , health departments , and budgets . To weather the storm and continue to…
Read MoreIIA moves to online testing for internal auditor exams amid coronavirus threat
The Institute of Internal Auditors has stopped most of its in-person activities, including training, during the COVID-19 pandemic and will instead do online testing on a temporary basis for its certification exams. Original Article Posted at : https://www.accountingtoday.com/news/iia-moves-to-online-testing-for-internal-auditor-exams-amid-coronavirus-threat
Read MoreThe transformation to advisory services: A few observations from the road
Prior to this unprecedented time for our community, I had been traveling the country for nearly 10 months, meeting with large accounting firms for one-on-one deep dives into their advisory workflows and client experience. Original Article Posted at : https://www.accountingtoday.com/opinion/the-transformation-to-advisory-services-a-few-observations-from-the-road
Read MoreRecession Recovery: Using Purchases To Both Reduce Unemployment And Increase Demand
The current recession derives from two sources: demand and supply. On the demand side, consumers are purchasing fewer durable goods (e.g., automobiles) and spending much…
Read MoreGASB releases guidance on accounting for public-public partnerships
The Governmental Accounting Standards Board published guidance Monday to improve accounting and financial reporting for public-public partnership arrangements — also known as P3s — along with public-private and availability payment arrangements, or APAs. Original Article Posted at : https://www.accountingtoday.com/news/gasb-releases-guidance-on-accounting-for-public-public-partnerships
Read MoreWipfli merges in Tidestone Solutions
Wipfli LLP, a Top 20 Firm based in Milwaukee, has added Tidestone Solutions, a technology consulting firm in Portland, Maine, effective April 16. Original Article Posted at : https://www.accountingtoday.com/news/wipfli-merges-in-tidestone-solutions
Read MoreStructuring your firm’s coronavirus plan
Firms need to start by identifying which clients matter most to them, and then reaching out to them, according to Sarah Dobek of Inovautus Consulting. Original Article Posted at : https://www.accountingtoday.com/podcast/structuring-your-firms-coronavirus-plan
Read MoreSenate Democrats denounce $195B tax break slipped into coronavirus relief package
Two Senate Democrats are criticizing a little-known provision of the CARES Act stimulus package that would provide a tax break mostly to wealthy taxpayers, suspending excess business losses for prior tax years. Original Article Posted at : https://www.accountingtoday.com/news/senate-democrats-denounce-195b-tax-break-slipped-into-coronavirus-relief-package
Read MoreTake your accounting practice virtual in 5 steps
Starting a virtual accounting practice or transitioning from a conventional one can lead to a fantastic lifestyle, and can also open up considerable professional opportunities. Original Article Posted at : https://www.accountingtoday.com/list/take-your-accounting-practice-virtual-in-5-steps
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