The adjustment does not affect any depreciation that Amazon has already recognized or cash it has already spent, but merely changes how the company accounts for depreciation of those assets going forward. Importantly, this isn't purely an accounting adjustment. Amazon has been working hard to improve the operating efficiency of its cloud infrastructure, and AWS has continued to refine its software in a way that makes its servers last longer by reducing stress on the hardware, Olsavsky added.
In case you are keeping track:
Port: Fiscal conservatism begins with honest accounting | Grand Forks Herald
DNC Chair Wants Full Accounting of Iowa Caucus Problems | whotv.com
WASHINGTON, D.C. — Democratic National Committee Chairman Tom Perez wants "absolute transparent accounting" of the technological meltdown that led to delayed results from Monday's leadoff Iowa caucuses.
Perez said in a statement Tuesday that "what happened last night should never happen again." Saying it was "clear" the app used to tally caucus results failed, Perez called on the vendor to "provide absolute transparent accounting" of what happened.
Stout Launches Technical Accounting Consulting Practice
Mr. Hills' brings more than 15 years in accounting and financial leadership roles within the technical accounting, financial reporting, and transaction advisory functions. He has a diverse transaction background, including experience with acquisitions and initial public offerings, serving in a variety of industries such as technology, consumer products, financial services, and energy. Mr.
"Technical accounting is foundational to all forms of financial reporting valuation, and I believe that providing this joint expertise to our clients will be a differentiator for Stout," said Mr. Hills. "Stout's clients have consistently asked for this service and I am excited to partner with our industry-leading valuation professionals in delivering it."
While you're here, how about this:
Art of Accounting: Understanding the goal | Accounting Today
What I recommend : It is simple. I recommend that the person who makes an error should fix the error. Most firms have the reviewers fix the errors if it would "only take a few minutes."
The goal of those that disagree with me : To get the return completed with as few touches as necessary and as quickly as possible.
My goal : To train and teach preparers how to prepare error-free returns that will elevate their overall quality and also that of the entire practice. My reasoning is that when someone is made to fix an error they have made, they will not make it again. If someone else fixes it and tells them about it at a later time, it is much less effective and it is likely the error will be repeated at a later time.
Cal State Long Beach accounting students will help folks file taxes this Saturday, Feb.
Tax season, everyone’s favorite time of the year, has arrived, and Long Beach accounting students are here to help those in need.
More than 90 English and Spanish speaking Cal State Long Beach accounting students, who are Internal Revenue Service certified, will provide free tax preparation assistance to certain people who may need a little extra help.
Accounting and Finance Analyst - Charlotte Agenda
WestEnd Advisors is a privately-owned investment management firm based in Charlotte, NC. The cornerstone of our investment philosophy is that the macroeconomic environment is a key driver of financial market returns. We have developed and refined our proprietary, qualitative investment process over the last two decades, which has enabled us to navigate a wide range of market conditions on behalf of our clients.
Overview:
The Accounting and Finance Analyst will support the Business Management team by performing accounting functions, financial reporting, sales analytics, and financial planning and analysis. This position will report directly to the Chief Financial Officer.
AICPA CEO Melancon: CPA licensing under threat | Accounting Today
American Institute of CPAs president and CEO Barry Melancon talked about the need for CPAs to learn new skills as hiring of accounting graduates has slowed and the CPA licensing model has come under threat in some states.
"There's a lot of action in the states," Melancon noted during a speech Tuesday at a meeting of the Accountants Club of America in New York. "There are major forces at work, and lots of big money, to unwind in the states the basic licensing regime that exists in this country. It's not just targeted to CPAs, but it's targeted to all licensing.
Happening on Twitter
One Democratic official I spoke to is being told that the DNC is "taking over" the accounting of results. The offic… https://t.co/WttmPkplDh kendallkarson (from Washington, DC) Tue Feb 04 21:43:01 +0000 2020
PS4/ America never got a rundown of the lies Trump told about not knowing Parnas/Fruman, nor an accounting of all t… https://t.co/SoCe44Un5o SethAbramson (from All views mine.) Mon Feb 03 15:45:23 +0000 2020
LATEST: Attorney for Biden campaign tells Iowa Democratic Party the campaign wants a full accounting "regarding the… https://t.co/TBu0JR3qTL ABC (from New York City / Worldwide) Tue Feb 04 05:02:13 +0000 2020
Bernard Ebbers, the former CEO of WorldCom who went to prison in 2006 for his role in an $11 billion accounting fra… https://t.co/JKEltIQsWD cnnbrk (from Everywhere) Mon Feb 03 12:37:54 +0000 2020
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