In response to the coronavirus pandemic, the St. Mary's University community has adapted — faculty stepping up to deliver quality education to students from a distance.
Robbie Bishop-Monroe, D.B.A. , Assistant Professor of Accounting, shared takeaways from her spring classes in a Q&A. Bishop-Monroe, also a CPA, joined St. Mary's in 2019. She specializes in accounting, auditing and governmental accounting. In Spring 2020, she taught Introduction to Accounting, Governmental Accounting and Auditing.
Many things are taking place:
How Resolving Accounting Issues Can Push Blockchain Closer To Mainstream Adoption
Blockchain is the future of financial reporting, but several issues stand in the way of wider utilization and adoption.
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A large part of the blockchain and cryptoasset conversation, at least in accounting and financial reporting circles, has been how blockchain is going to influence and change the reporting and disclosure process. Conferences, podcasts, and articles have been populated with different takes and versions on a common theme; how blockchain will both revolutionize the reporting process as well as how it might lead to the demise of the audit and accounting profession.
Healthcare Financial Management Association Releases Lease Accounting Guidance
Washington, D.C., June 24, 2020 (GLOBE NEWSWIRE) -- The Healthcare Financial Management Association (HFMA) has published an issue analysis , "Current Issues and Considerations in Accounting for Leases," to clarify certain accounting and reporting issues resulting from the Financial Accounting Standards Board (FASB) Accounting Standards Update 2016-02, " Leases (Topic 842), " and the Governmental Accounting Standards Board (GASB) Statement No.
Accounting Today accepting 2020 MP Elite submissions | Accounting Today
The MP Elite report, which will be published in August, identifies and profiles approximately a dozen of the best leaders of public accounting firms of all sizes across the country. In a series of portraits of the most successful managing partners from small, midsized and large firms, the list identifies the qualities and characteristics that make a cutting-edge leader.
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Candidates for the MP Elite must fulfill the role of firm leader, whatever their title — managing partner, managing shareholder, chief executive, president, etc. — of a U.S.-based public accounting firm with at least 15 staff members, and must have been in their position for at least four years.
Many things are taking place:
British accounting firms face new setback as FRC opens probe | Accounting Today
Britain's audit industry faces another dent to its reputation as the nation's accounting watchdog ordered a probe into PricewaterhouseCoopers LLP, Ernst & Young and Oliver Clive & Co.'s work for defunct London Capital & Finance Plc.
The Financial Reporting Council said in a statement on Wednesday that its enforcement unit will look at the audits of now defunct mini-bond lender London Capital & Finance for the periods ending April 30, 2015, the year ending April 30, 2016 and for the year ending April 30, 2017.
Online Accounting Courses - The CPA Journal
Professors and students alike are feeling the impact of this transition. Although technology has provided a way to stave off school interruptions and closures, there have been unexpected issues. Seasoned professors may feel like novice instructors when undergoing training on the technology needed to teach online. They must rapidly adapt proven teaching techniques to a virtual class setting in a manner that bridges the gap between instructor and student.
In light of the above, it is interesting that there is no uniformity regarding formats for online learning. Colleges and universities are recommending synchronous offerings (i.e., to every student in the class at once), asynchronous offerings, or blended versions of both. The crisis has highlighted the lack of agreement that exists regarding best practices in this new area.
What's in your accounting firm's social media policy? | Accounting Today
Social media is one of the most powerful and easy ways to market your firm, and it is the rare accounting firm that doesn't have some sort of social media presence. But with great power comes great responsibility, and it is time for firms to either create, or update, their social media policies.
We all like to think that everyone who works for our firms is knowledgeable about what is, and is not, appropriate to share publicly. We also want to believe they are polite and thoughtful and would never say something threatening, disparaging or careless. But as one sad — and sometimes devastating — story after another proves, this isn't always the case.
Happening on Twitter
Team Bali recently paid our boom system in the Ijo Gading River a visit. The Ijo Gading River is Bali's largest… https://t.co/uI8M7jaboM 4ocean (from Global) Wed Jun 24 16:02:08 +0000 2020
There are no accounting frauds in Bitcoin. winklevoss Tue Jun 23 17:13:44 +0000 2020
Use the money funneled to @MentalHealthNYC for food. How was that spent again? Has your wife provided any accountin… https://t.co/wqrYbWv1Hw MelissaAFrancis (from New York City, baby!) Wed Jun 24 14:22:57 +0000 2020
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