Monday, December 28, 2020

Art of Accounting: The one resolution you must make | Accounting Today

I've often said that clients must have accountants, but they don't need to use you or me. We have to create that "must" for us, and that comes from coming up with new ideas that create value for our clients. No matter how good a job you do, you will only be as good as the next thing you do successfully. We are in a business that provides deliverables pretty much similar to those of any other accounting firm.

I suggest starting by reviewing your top 10 clients and determining if you provided any new services to them in the past two years. If not, then get started now. One way is to see what added services you provided to your newest clients. Usually, the new clients moved to you because of things they felt they should get that they weren't and of course were "promised" when they signed on with you. Then examine the totality of your services and capabilities and compare them to your clients' needs.

Publisher: Accounting Today
Date: 2020-12-28T15:01:31.236
Author: https www accountingtoday com author edward mendlowitz
Twitter: @AccountingToday
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Other things to check out:

Conagra Brands Issues Sustainability Accounting Standards Board (SASB) Disclosure for Fiscal Year

CHICAGO , Dec. 28, 2020 /PRNewswire/ -- Conagra Brands (NYSE: CAG ) today announced the publication of its Sustainability Accounting Standards Board (SASB) metrics for fiscal year 2020. The disclosure details Conagra's ongoing focus on environmental excellence, strong governance, and safe operations.

SASB is an independent, standards-setting organization dedicated to improving the effectiveness and comparability of corporate disclosure on material environmental, social and governance factors. SASB's approach to standard-setting uses a process that is evidence-based and market-informed.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Conagra Brands Inc
Twitter: @PRNewswire
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KNSI Radio :: Dollars and Sense with Landwehr Tax & Accounting

Listen for Dollars and Sense with Cherie Landwehr of Landwehr Tax & Accounting Monday morning at 7:23 and Thursday morning at 8:35! Get the latest important and relatable tax information for both business and individuals!

Publisher: KNSI Radio in St. Cloud
Date: 1F4AAE76C60217BF1E18D67B6D722C35
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Tax Fraud Blotter: Better never than late | Accounting Today

District Heights, Maryland: Tax preparer Renita Jenifer has been sentenced to two years in prison for aiding and assisting in the preparation of a false return.

In 2016, after the IRS searched RAJen's office and revoked Jenifer's EFIN, she operated a new business in Maryland called DS Professional Tax Service. She used the name of a different individual to obtain an EFIN for DS Pro and listed this individual's name on returns she prepared. She again prepared false returns for clients then and after moving the business to D.C. in 2018.

Publisher: Accounting Today
Date: 2020-12-29T00:52:31.803
Author: https www accountingtoday com author jeff stimpson 1641
Twitter: @AccountingToday
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Quite a lot has been going on:

RPM, chief compliance officer to pay $2M for accounting violations | Article | Compliance Week

RPM International and its general counsel and chief compliance officer have agreed to a $2 million settlement with the Securities and Exchange Commission for accounting and disclosure rules violations relating to a prior Department of Justice investigation.

RPM is a specialty coatings, sealants, and building materials manufacturer. According to the SEC's complaint, from 2011 through 2013, the company was under investigation by the DOJ concerning whether it overcharged the government on certain contracts. RPM estimated it overcharged the government by material amounts on the contracts at issue in the first and second quarters of fiscal year 2013 and had planned to settle with the DOJ in the second quarter, the SEC said.

Publisher: Compliance Week
Date: 2020-12-29 05:14:35.938
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LPL Financial names chief accounting officer | Article | Compliance Week

LPL Financial, believed to be the largest independent broker-dealer in the United States,  announced  Brent Simonich has joined the firm as executive vice president, chief accounting officer and treasurer.

In this role, Simonich will be responsible for shaping the forward-looking strategy, business objectives, and corporate goals for LPL's controllership, treasury, and procurement functions. He will be based at the firm's Carolinas campus and will report to Matt Audette, LPL managing director and chief financial officer.

Publisher: Compliance Week
Date: 2020-12-29 05:14:39.434
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Invoiced releases connector for on-premise software to cloud | Accounting Today

Invoiced, which makes accounts receivable automation, has released ERP Connect, a new solution for connecting on-premise ERP and accounting software with the Invoiced A/R Cloud.

"Our new ERP Connect application makes it easier than ever for businesses who rely on on-premise ERP and accounting software to automate and accelerate their accounts receivable function," said Jared King, co-founder and CEO of Invoiced, in a statement.

Publisher: Accounting Today
Date: 2020-12-28T16:47:41.858
Author: https www accountingtoday com author ranica arrowsmith
Twitter: @AccountingToday
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HVAF Hires VP For Finance, Senior Accountant For Finance Department – WBIW

(INDIANAPOLIS) – Helping Veterans And Families announce two new hires for its Finance Department Sunny Reed as Vice President for Finance and Patrick Daskol as Senior Staff Accountant.

Sunny comes with a deep knowledge of nonprofit finance and accounting principles and methods. She has extensive experience in general accounting functions, creating and analyzing financial reports, applying systems of internal controls, managing cash flow, ensuring compliance, and leading process improvement. She has served in various leadership, management, finance, and customer service roles plus she has taught business and accounting at the post-high school level.

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