Saturday, April 24, 2021

GrowthForce™ Launches Guide To Outsourcing For Bookkeeping and Accounting | State | elpasoinc.com

KINGWOOD, Texas, April 22, 2021 /PRNewswire/ -- Today, GrowthForce™ — a leading accounting advisory services provider of advanced bookkeeping, management accounting, controller and CFO support services — announced the launch of its 'Guide to Outsourcing Your Back Office: Bookkeeping and Accounting.

GrowthForce provides outsourced, cloud-based bookkeeping, management accounting, and controller services for small to mid-sized businesses and nonprofits. In addition to reliable and consistent accounting compliance and audit readiness, GrowthForce delivers timely, accurate financials, management reporting, and KPIs to help small businesses and organizations make data-driven decisions that drive performance and profitability. (PRNewsfoto/GrowthForce)

Publisher: El Paso Inc.
Author: GrowthForce
Twitter: @ElPasoInc
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Netflix funds accounting program through CNM, NM Film Office » Albuquerque Journal

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Keyes said the New Mexico Film Office is partnering with CNM Ingenuity to train New Mexicans to work as payroll clerks, accounting clerks, and payroll accountant and second assistant accountant positions upon completion of the training.

Author: Adrian Gomez Journal Arts and Entertainment Editor
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IPSASB proposes changes in public sector accounting | Accounting Today

The International Public Sector Accounting Standards Board released four proposals Thursday for improving various aspects of government accounting around the world.

The exposure draft documents deal with changes in the measurement of assets and liabilities in financial statements; measurement; property, plant and equipment; and non-current assets held for sale and discontinued operations.

The IPSASB, which is affiliated with the International Federation of Accountants, tries to improve financial reporting in the public sector with standards that can be applied in governments across the world. While the U.S. has its own standard-setter for this area in the Governmental Accounting Standards Board, the IPSASB standards can be influential in improving government accounting, especially in countries without their own local standard-setter.

Publisher: Accounting Today
Date: 2021-04-22T21:35:44.928
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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Technology's growing impact on accounting | Accounting Today

Technology and accounting are two of my favorite things. Both have changed dramatically in recent years, but nothing has changed the profession quite like the cloud, automation and all its related technologies. We do have COVID-19 to partially thank for the rapid industry-wide adoption of cloud technology, but there's so much more to it than that.

Recently, I had the opportunity to speak with two industry leaders who are pioneering a technology revolution: Joris Van der Gucht, co-founder and CEO of Silverfin, and Enrico Palmerino, founder and CEO of Botkeeper. Each deals with opposite ends of the accounting spectrum, pre- and post-accounting.

Publisher: Accounting Today
Date: 2021-04-22T17:13:34.083
Author: https www accountingtoday com author jody padar
Twitter: @AccountingToday
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South Africa Accounting Sector Report 2021 with Profiles of 18 Companies, Including the Big Four

This report focuses on the accounting sector in South Africa and includes information on the state of the sector, recent developments and influencing factors.

There are profiles of 18 companies including the big four, PwC, Deloitte, EY and KMPG, as well as other prominent companies including BDO and Mazars, and a number of smaller firms.

The accounting sector is the guarantor of financial reporting standards and performs a critical function in the economy. Although well-established and anchored by the world's largest accounting firms, the auditing profession has been mired in controversies relating to fraud and financial irregularities involving its clients.

Twitter: @Yahoo
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Financial statement shouldn't obscure - StarTribune.com

Since the 19th century, consistent principles of financial reporting have enabled investments in businesses run by strangers. This, in turn, has led to the rise of publicly traded corporations.

Public company accounting assesses the financial health of a business as an ongoing concern, not how much money it has. That philosophy can cause some confusion, but like a photo taken from a moving car, each "snapshot" of a company's financial status will incrementally describe different facts, assumptions and realities.

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Publisher: Star Tribune
Twitter: @StarTribune
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Hedge accounting and Negative Interest Rates | ICAEW

Negative interest rates continue to persist in Europe and look an increasing possibility in the UK. Stacey Howard, a Director in KPMG's Financial Sector Assurance Services practice considers the potential impact on hedge accounting.

The economic effects of the pandemic have made the prospect of negative interest rates a reality across the Eurozone.

It now looks increasingly likely that the same may happen in the UK with the Bank of England warning banks and other financial institutions to prepare.

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Date: 637548777066202882
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UPDATE -- Nonprofit Whole Family Health Center uses Sage Intacct to boost accounting efficiency

ATLANTA, April 23, 2021 (GLOBE NEWSWIRE) -- Sage (FTSE: SGE), the market leader in cloud business management solutions, today shared the financial management efficiencies and insights Whole Family Health Center gained by moving its financial software to the cloud. Migrating from Sage 50 to Sage Intacct – just as the COVID-19 pandemic struck in March 2020 – Whole Family's finance team has been able to absorb new workloads and demands triggered by the pandemic.

Improved efficiency and capacity have been critical as Whole Family added 10 new providers during COVID-19 at clinics in Fort Pierce and Vero Beach. As a Federally Qualified Health Center (FQHC) Look-Alike, Whole Family Health Center provides services to underserved communities and clients regardless of their socio-economic status.

Publisher: GlobeNewswire News Room
Date: 4/23/2021 1:43:29 PM
Author: Sage
Twitter: @globenewswire
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Vault Accounting 50: Get a Load of These New 1- and 2-Star Reviews About Working at PwC (2022) -

A lot of bouquets were thrown PwC's way in the 2022 Vault Accounting 50: best overall accounting firm to work for ; most prestigious firm ; and the best firm for formal training, hiring process, audit and assurance, forensic accounting, and tax accounting. Not to mention PwC was ranked highest among the Big 4 in diversity, specifically for women, LGBTQ+ individuals, and racial and ethnic diversity.

Based on all that, you'd think that every warm body that has walked through PwC's doors (or wore their favorite PwC swag in Zoom meetings during the pandemic) the past year or two would be #PwCProud. But PwC isn't some country club; it's an ultra-competitive business that, at the end of the day, only really cares about the almighty dollar. If you can't cut it, PwC (like every other Big 4 firm) will chew you up and spit you out.

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Publisher: Going Concern
Date: 2021-04-22T18:37:02 00:00
Twitter: @going_concern
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