Monday, August 10, 2020

Ambulance accounting practices questioned | News, Sports, Jobs - Leader Herald

JOHNSTOWN — City Internal Control Officer Darryl Purinton related a lack of accounting data available regarding the city’s ambulance service in his July report to the Common Council.

A lack of documentation among city offices in general has also “significantly increased the risk of misappropriation of the city’s assets,” Purinton wrote city officials.

As part of his monthly report to the council, he discussed the status of the Johnstown Fire EMS unit’s accounting.

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In case you are keeping track:

Accounting firms rank among tops for AUM - Grand Rapids Business Journal

Accounting Today included a pair of financial firms with West Michigan locations to its 2020 list of Top Firms by Assets Under Management (AUM).

Southfield-based Plante Moran, which has locations in Grand Rapids and Kalamazoo, was ranked No. 1 on the list's Billion Dollar Club with $17.27 billion in AUM. Troy-based Rehmann, with locations in Grand Rapids, Grandville, Battle Creek and Muskegon, took the No. 18 spot, with $2.5 billion in AUM.

Publisher: Grand Rapids Business Journal
Date: 2020-08-10T15:00:34 00:00
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Virginia Beach-based accounting firm makes calculated adjustments during pandemic - The

VIRGINIA BEACH — Stewart & Company was in the midst of relocating its Virginia Beach-based accounting firm when COVID-19 hit.

The 43-year-old, second-generation business had outgrown its 6,600-square-foot building on North Lynnhaven Road after more than 15 years.

"We were busting at the seams," said Kevin Stewart, partner in the firm alongside his father and company founder, Bill Stewart.

Publisher: pilotonline.com/inside-business
Date: 5BD4D8882CFBE697785FCAC5BBA5F612
Author: Sandra J Pennecke
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Accounting for the Coronavirus | Law.com

Pitches by K&L Gates and a combo team of Perkins Coie, Greenberg Traurig and Davis Wright Tremaine exemplify the broadening services and skill sets clients expect from their outside providers.

* * *

"Twenty percent of the time spent on unplanned work is wasted," said Vidhya Balasubramanian, managing vice president in Gartner's legal and compliance practice. "That's over a thousand work hours in a year at a typical $1 billion company with 10 full-time employees in the legal department."

Publisher: Law.com
Date: 2020-08-06
Author: John Drum and Melissa Rutzen
Twitter: @lawdotcom
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This may worth something:

The 5 talent management shifts firms need post-COVID | Accounting Today

When firms shifted to remote work in the spring, one of the first sets of priorities focused on their people.

Before the coronavirus pandemic, many firm leaders believed that their firms were only as good as their people, so it wasn't a surprise that areas related to talent management (hiring, training, engagement, careers, retention and culture) became an area of concern.

Five months in, and many of those challenges remain or have become more pronounced. Firm leaders are saying things like:

Publisher: Accounting Today
Date: 2020-08-10T13:00:11.52
Author: https www accountingtoday com author jen margolis
Twitter: @AccountingToday
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Boeing Wins Revival of Accounting Dispute Over Navy Contract

Boeing won revival of its attempt to recover $1 million the U.S. is withholding in a dispute over a U.S. Navy contract after the Federal Circuit said Monday the company didn't waive a challenge to an accounting rule.

The U.S. Court of Federal Claims erred when it said Boeing waived its breach of contract claim by failing to object to a Federal Acquisition Regulation provision covering accounting practices before entering into a Navy contract, the U.S. Court of Appeals for the Federal Circuit ruled.

Twitter: @BloombergLaw
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USAO named among nation's Top 101 Most Affordable Accounting Schools | Community |

Oklahoma's only public liberal arts college, the University of Science and Arts of Oklahoma , was recently ranked 29th in Discover Accounting's annual survey of the Top 101 Most Affordable Accounting Schools, the highest ranking of any college in the state.

Featuring small classes that ensure a close personal relationship with faculty, USAO offers a bachelor's degree in business with an accounting emphasis. With one of the lowest tuition rates in the state, the program is not only eminently affordable, it also gives students real-world experience working with organizations in the area to hone what they have learned in the classroom.

Publisher: Chickasha Express Star
Author: Zachary McGrew USAO News Bureau
Twitter: @ExpressStarNews
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From essential to indispensable: The 5 stages of navigating COVID-19 | Accounting Today

We often tend to think of change as gradual. And sometimes it is. But think for a moment about tectonic plates … those slow-moving plates under the earth's surface.

Most of the time, they move slowly. At other times, they press up against each other and the pressure builds and builds until there's a dramatic tectonic shift … an earthquake. That's what we've all experienced. On the Richter scale, it was off the charts. And the aftershocks will continue to reverberate.

Publisher: Accounting Today
Date: 2020-08-10T13:00:50.057
Author: https www accountingtoday com author tom hood cpa citp at26
Twitter: @AccountingToday
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