Tuesday, August 18, 2020

AICPA Foundation grants 2020 high school scholarships | Accounting Today

The American Institute of CPAs Foundation has granted $20,000 in academic scholarships to 10 high school students across the country.

The AICPA Foundation High School Scholarship will provide $2,000 to 10 high school students who have taken Advanced High School Accounting and will continue their accounting studies at an accredited college or university.

The Advanced High School Accounting course is part of the AICPA's Accounting Program for Building the Profession, in which high school educators teach a more intensive accounting curriculum to students in order to better prepare them for college.

Publisher: Accounting Today
Date: 2020-08-18T15:19:24.755
Author: https www accountingtoday com author sean mccabe
Twitter: @AccountingToday
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Other things to check out:

South Africa's biggest cement maker PPC finds accounting errors | Accounting Today

PPC Ltd., South Africa's largest cement maker, plunged deeper into crisis after reporting accounting errors and delaying the release of full-year earnings for a second time.

Mistakes were made in valuing operations in Ethiopia and Zimbabwe in the year through March 2019, the Johannesburg-based company said in a statement on Tuesday, while it also miscalculated the accounting of a foreign-exchange transaction in the Democratic Republic of Congo. These errors have now been corrected, PPC said.

Publisher: Accounting Today
Date: 2020-08-18T15:49:53.545
Author: https www accountingtoday com author john bowker
Twitter: @AccountingToday
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Managing process accounting on Linux | Network World

Process accounting is a method of recording and summarizing commands and processes. It's an option on Linux systems, but you have to enable it and use a particular command to view the details collected. This post covers the commands involved and offers some suggestions on making the views even more useful.

To start, understand that process accounting is different than what you see when running the ps command. It shows details on commands that have completed –- not those that are currently running. It also shows a lot more details than you would see by looking at your users' command history files and keeps all the collected data in a single file on the system.

Publisher: Network World
Date: 2020-08-18T03:00-05:00
Author: Sandra Henry Stocker
Twitter: @networkworld
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Meet the 2020 Best Firms to Work For | Accounting Today
Publisher: Accounting Today
Date: 2020-08-18T15:50:34.937
Twitter: @AccountingToday
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This may worth something:

Virginia National Bank Local Business Spotlight: Accounting Solutions PLLC -

CHARLOTTESVILLE, Va. (CBS19 NEWS) -- Personal finance can be extremely time-consuming, but one local accounting firm can help alleviate that stress. Accounting Solutions PLLC offers services such as bookkeeping, accounting, and tax preparation for its clientele.

"The goal is to provide financial services to local communities of Charlottesville and surrounding counties," said Devyani Goradia, owner of Accounting Solutions PLLC. "We try to provide services where clients can grow their business, and we grow with them."

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IMA And CalCPA To Collaborate On Advancing The Accounting Profession

"Having a diverse, equitable, and inclusive talent management process is critical to the future of the accounting profession," said Jeff Thomson , CMA, CSCA, CAE, IMA President and CEO. "Organizations need to attract and retain diverse talent for the long term. This should be a priority of CFOs and their teams beyond the need for technological upskilling.

Although the demographics of the U.S. population and accounting graduates are racially and ethnically diverse, there is a gap in diversity of the accounting workforce, especially at higher leadership levels. According to the Bureau of Labor Statistics, 23 percent of accountants and auditors are non-white and according to the National Association of Black Accountants (NABA), less than 1 percent of CPAs in the U.S. are Black.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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Innovative growth accounting | VOX, CEPR Policy Portal

There is much concern that the Covid-19 crisis may be particularly tough for relatively young firms to survive. Given that much innovation is attributed to young firms, this could then harm overall productivity. This column uses the dynamics of various firms' market shares in order to infer their growth contributions. Compared to studies focusing on patents and R&D spending, the authors find a much bigger role for new and young firms in terms of accounting for productivity growth.

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Employers wait for guidance on payroll tax deferral | Accounting Today

In what amounted to an end run around Congress, President Trump signed a series of executive memorandums and an executive order on Aug. 8, 2020, to address issues left unresolved by the congressional failure to agree on additional bipartisan stimulus legislation.

"It's actually a memorandum rather than an executive order," observed Mark Luscombe, CPA and principal federal tax analyst for Wolters Kluwer Tax & Accounting. "The difference is not legally significant. An executive order gets published in the Congressional Record ."

Publisher: Accounting Today
Date: 2020-08-18T14:11:08.808
Author: https www accountingtoday com author roger russell
Twitter: @AccountingToday
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