Thursday, February 6, 2020

Syosset tax seminar stirred by new 'Accounting Brew' | Syosset Advance

For 2020 Woodbury resident Catalina Chew is expanding operations in accounting, tax and business finance consulting, serving Long Island individuals, companies after nearly two decades working for corporations in the Boston area and in her native Manhattan.

The first order of business within her company, Accounting Brew, is to provide the community with useful, appropriate information on tax reform, 'adding' value with her expertise and perspective as an experienced corporate controller and manager with large investment and real estate firms. Chew's four-year-old son attends the TOBAY Day School for pre-kindergarten located at 140 Syosset Woodbury Road in Syosset.

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Publisher: Syosset Advance
Date: 2020-02-06T19:00:29Z
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Other things to check out:

MSCPA hosts bi-annual Educators Conference | Accounting Today

The Massachusetts Society of CPAs held its biannual Educators Conference at Bentley University, with a theme of "Perspectives on a Changing Profession."

Last week's event featured more than 60 members of academia, accounting faculty and college advisory boards to discuss how modern technology is impacting the accounting industry and how to best prepare students entering the profession.

Attendees heard about how to best integrate technology into an accounting curriculum, as well as feedback from local employers and young professionals on what skill sets firms are currently seeking.

Publisher: Accounting Today
Date: 2020-02-06T18:08:26.353
Author: https www accountingtoday com author sean mccabe
Twitter: @AccountingToday
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LeaseAccelerator Publishes Research Study on Lease Accounting Centers of Excellence | Business |

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200206005650/en/

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The new lease accounting standard was adopted by public companies throughout 2019. Called by some experts, "the biggest accounting change ever," the new leasing standards are moving trillions of dollars of leases onto corporate balance sheets and require significant changes to accounting systems, business processes, and financial controls.

Publisher: Olean Times Herald
Twitter: @othnews
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City-hired accounting firm finds no inaccuracies, errors in Edmond water bills after residents

EDMOND, Okla. (KFOR) – An audit of Edmond water bills – performed after numerous complaints of exorbitantly high bills – found no evidence of water bill inaccuracy or interference.

The City of Edmond selected and hired Arledge & Associates, an accounting firm, to complete an independent audit of water billing accuracy and procedures from summer 2019, according to a City of Edmond news release.

Publisher: KFOR.com
Date: 2020-02-06T23:35:19 00:00
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Quite a lot has been going on:

Americans quarantined for coronavirus on military bases share experiences - The Washington Post

Twice a day, the evacuees have their temperatures checked by medical staff in protective gear. They are forbidden to stray from a small patch of land on a base filled with armed military personnel. So they have found creative ways of filling the days.

"When people hear quarantine, they think of the zombie apocalypse, movies like 'World War Z,' " said Matthew McCoy, 55, another evacuee. "But the reality is it's what you make of it."

On Wednesday, two planes chartered by the State Department delivered 178 people to Travis Air Force Base outside Sacramento and 170 to the Marine Corps Air Station Miramar in San Diego. Two more planes carrying about 300 passengers departed Wuhan on Thursday and were scheduled to arrive at unspecified locations in the United States on Friday morning, State Department officials said.

Publisher: Washington Post
Date: 2020-02-07T02:26:48.660Z
Twitter: @WashingtonPost
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More Companies Are Opting for Hedge Accounting

Early adopters of the new hedge accounting standard that took effect for public companies' 2019 fiscal years drove an uptick in the use of hedge accounting in 2018, new research shows.

Chatham Financial's analysis of corporate hedging in 2018, the latest year for which hedging data can be compiled, indicates that 53% of U.S. public companies with commodities hedging programs applied hedge accounting to them.

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Publisher: CFO
Date: 2020-02-06T18:13:53 00:00
Author: David McCann
Twitter: @cfo
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The name is the easy part | Accounting Today

We receive a fairly steady stream of press releases from accounting firms announcing that they are rebranding themselves to varying degrees, and I often wonder whether there is much point behind these exercises. How much difference can a new color scheme, or a new logo and tagline, or even an entirely new name make?

I still can't answer those questions, but I had occasion to think of them in a different light when Accounting Today 's parent company launched its own new brand in mid-January, announcing our new name: Arizent. As part of the rollout, our management team explained in great depth how the new brand was built to support the new strategic direction that the company is taking, and how it was drawn from the same values that informed that strategy.

Publisher: Accounting Today
Date: 2020-02-06T16:08:00.58
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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Gig work growing inside companies | Accounting Today

Forget Uber and TaskRabbit: A growing cohort of the gig workforce is actually working long-term inside traditional companies — and they're pretty happy about it, according to new research from ADP.

The number of these gig workers has grown 15 percent over the last decade, at a rate faster than the overall workforce, and they've increased their share of the workforce by 2.2 percentage points.

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"Only 10 percent of respondents say they're doing it because they can't find traditional work. So it's really a choice," Yildirmaz told Accounting Today . "I was surprised — I wondered if they were doing it because they can't find jobs, but that's not the case. These are really highly skilled people who don't need benefits."

Publisher: Accounting Today
Date: 2020-02-05T22:08:08.35
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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