I was not a good accounting student . Despite trying hard, always showing up to class, and doing most of the homework, my brain just didn't seem wired to be a great accountant. Regardless, I still think everybody should major in accounting, whether they work in the field or not. Let me explain.
To clarify, I didn't struggle in accounting classes and then throw in the towel because of that. I actually struggled about the same amount as friends of mine who went to midsize or Big 4 firms. A lot of them have been successful and earned their CPA license since we graduated in June 2017. The main reason was that I worked in two internships during college—one was sales and marketing for a startup, and the other was in accounting with a large company.
While you're here, how about this:
Former Hertz CEO Agrees to Settle Claims Tied to Accounting Misconduct - WSJ
The former chief executive of Hertz Global Holdings Inc. agreed to pay nearly $2.2 million to settle claims that he pressured subordinates to "find money" to meet financial targets, causing employees to violate accounting rules, according to regulators.
Mark Frissora neither admitted nor denied the Securities and Exchange Commission's allegations but will refund Hertz nearly $2 million in incentive compensation and pay a $200,000 penalty to the government. The deal was announced Thursday and is subject to court approval.
Klausmeier makes accounting solutions a dream | The Colorado Springs Business Journal
"I love helping them get to know their finances, understand their financial statements, and really helping them be successful," Klausmeier said. "I grew up in Colorado Springs, and this community has grown a lot since then, but we are still very community-minded and small-business-focused. So many of our businesses are still family owned, and I have a passion for helping them continue to make their business successful."
Klausmeier owns Dream Accounting Solutions. Through her company, she serves as a digital bookkeeper and accountant, helping business owners keep track of their finances.
Merger to make Baker Tilly a top 10 accounting firm
Baker Tilly US, after doubling in size over the past five years, is set to become a top 10 accounting firm by revenue via a merger announced today.
Baker Tilly's deal with Irvine, Calif.-based Squar Milner is to create a firm with nearly $1 billion in annual billings and almost 4,500 professionals. The merger is to take effect Nov. 1.
Industry consultant Allan Koltin, who advises both firms, says the deal gives Baker Tilly access to the vast California market and more financial resources to develop tech resources, a key to survival in a consolidating industry.
And here's another article:
Baker Tilly merges in Squar Milner | Accounting Today
Two major CPA firms, Baker Tilly and Squar Milner, are joining forces, with the combined firm likely to become one of the 10 largest accounting firms in the U.S. when the deal takes effect on Nov. 1.
Baker Tilly, based in Chicago, ranked No. 12 on Accounting Today 's 2020 list of the Top 100 Firms. Its annual revenue for the fiscal year ending May 31, 2020 was $789.6 million. The firm has 42 offices, 374 partners and 3,704 employees. Squar Milner, headquartered in Irvine, California, ranked No. 40 on Accounting Today 's list, with $130 million in annual revenue last year, 72 partners and 550 employees.
Interview with Brian Silver of Silver Accounting Group - Kingwood
American Express, Fifth Third Cited for Accounting Moves
Wall Street's watchdog is making good on its promise to crack down on companies that use unofficial earnings measures to strip out the effect of the biggest change to bank accounting in decades.
The Securities and Exchange Commission has warned American Express Corp. and Fifth Third Bancorp to refrain from touting earnings metrics that essentially undo the current expected credit loss (CECL) accounting standard, according to comment letters the regulator released recently.
IRS Clarifies Utilities' 'Normalization' Accounting Requirements
A new IRS revenue procedure clarifies for regulated utility companies an accounting method for determining the tax treatment of depreciable public utility assets.
Happening on Twitter
Why are cinemas in Nigeria still closed when pretty much everything else is open? This is a major source of income… https://t.co/draWwsTN3y Omonioboli (from Lagos, Nigeria) Fri Aug 14 18:36:36 +0000 2020
Analysis: The final 15 seconds of the documentary pretty much sums up why the whole endeavour fails to launch: "The… https://t.co/EuDEzAMC03 smh (from Sydney, Australia) Sun Aug 16 12:01:41 +0000 2020
I haven't done much chirping about the general election (by my own standards), and this is pretty much why. The sta… https://t.co/KGkgeIuaZi priaribi (from Los Angeles, CA) Wed Aug 12 21:59:01 +0000 2020
No comments:
Post a Comment