Sunday, January 5, 2020

Be an accounting hero in 2020 with this QuickBooks training

If Microsoft Word set the gold standard for word processing programs, QuickBooks® has the accounting game on lock. Used by individuals, small businesses, and international conglomerates alike, this software allows anyone to keep tabs on their finances and stay on top of their taxes. Now, if you're entering 2020 still clueless about how to navigate the program, the 2020 QuickBooks Pro Mastery Bundle can take you from newbie to pro in just 22 hours of expert instruction.

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Publisher: New York Post
Date: 2020-01-05T15:12:47 00:00
Twitter: @nypost
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Joining forces: Two longtime Northeast Mississippi accounting firms merge | | djournal.com
Publisher: Daily Journal
Date: 2020-01-05T00:00:00-0600
Author: Dennis Seid Daily Journal
Twitter: @DJournalnow
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Accounting firms merge | News, Sports, Jobs - Adirondack Daily Enterprise

LAKE PLACID — Two firms of certified public accountants — the Hoffman Eells Group, with offices in Lake Placid and Malone, and the Plattsburgh-based Abbott, Frenyea & Russell — announced Friday that they merged their business operations starting Jan. 1.

With offices in Plattsburgh, Lake Placid, Malone and Canton, the expanded business will serve Essex, Franklin and Clinton counties.

The combined firms will continue under both names and retain all present employees except for Patrick Russell, CPA, a senior partner of Abbott, Frenyea & Russell who is retiring.

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FASB Homes In on Key Accounting Issues in 2020 as Chairman's Term Nears End - WSJ

The U.S. standards setter is preparing for a changing of the guard as Chairman Russell Golden steps down at the end of June after seven years in the position. And for at least the remainder of Mr. Golden's term, the board is focused on two issues: differentiating liabilities from equity and improving the measurement of goodwill. Those are among the more significant proposals the FASB expects to address before June.

"With less than seven months left in my term, I'm reminded of Yogi [Berra]'s most famous quote, 'It ain't over 'til it's over,' " Mr. Golden said this month at a conference hosted by the American Institute of Certified Public Accountants in Washington.

Publisher: WSJ
Date: 2019-12-29T12:00:00.000Z
Author: Mark Maurer
Twitter: @WSJ
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While you're here, how about this:

Westerly CPA named partner at accounting firm | Business | thewesterlysun.com

PROVIDENCE — Piccerelli Gilstein & Company LLP, an independent accounting firm, has announced that Doryanne Hamel, of Westerly, has been named a partner, effective Jan. 1.

Hamel, a certified public accountant, works with closely held businesses in a number of industries and has been responsible for the audits of privately held companies and employee benefit plans with gross revenue ranging from $2 million to $2 billion. She also assists clients obtaining Rhode Island tax credits, including credits for movie productions, jobs incentives and historic preservation.

Publisher: Westerly Sun
Twitter: @thewesterlysun
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America's Top Recommended Tax And Accounting Firms

When it comes to tax and accounting services in the United States, many corporate clients are asking the question: Am I with the right firm? After all, last year was the first tax season under the Trump Administration tax overhaul—the Tax Cuts and Jobs Act. That brought pitfalls and opportunities. And now there are major competing tax proposals from the Democratic presidential candidates.

This year, Forbes has partnered with market research company Statista to create a list of the most recommended firms for tax and accounting services in the U.S. The 227 firms identified include the biggest firms in the country and some of the smallest. They're all tackling the complexities of the ever-changing tax laws head on. Most are full-service, offering tax and accounting. Some were recommended for both services; 202 were recommended for tax; 115 were recommended for accounting.

Publisher: Forbes
Date: 2019-12-10
Author: Ashlea Ebeling
Twitter: @forbes
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Clean Elections seeks accounting of money spent on campaign website – Arizona Capitol Times
Publisher: Arizona Capitol Times
Date: 2020-01-03T11:30:13 00:00
Author: Andrew Nicla
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Proposal would delay lease accounting effective date for federal entities - Journal of Accountancy

Implementation struggles experienced by federal agencies have prompted the Federal Accounting Standards Advisory Board (FASAB) to propose delaying the effective date of its standards for accounting for leases for two years.

Under the proposal , Statement of Federal Financial Accounting Standards (SFFAS) 54, Leases: An Amendment of SFFAS 5, Accounting for Liabilities of the Federal Government, and SFFAS 6, Accounting for Property, Plant, and Equipment , would take effect for reporting periods beginning after Sept. 30, 2022.

Publisher: Journal of Accountancy
Date: 2019-12-18T16:24:54.000-05:00
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