In many ways, this statement is exactly what I call for—except such allegiance to racial justice has been uttered decades before. Theresa Hammond notes that the very first pronouncement on race made by the AICPA in 1969 included the much the same rhetoric, refuting discrimination based upon race, sex, or national origin in accounting firms. Specifically, the AICPA Council passed the following three-point resolution to ameliorate the situation:
VSCPA awards $59K in college accounting scholarships | Accounting Today
The Virginia Society of CPAs Educational Foundation announced its college scholarship recipients for the 2021–22 academic year.
The foundation awarded a total of $59,250 in undergraduate, graduate and doctoral scholarships this year to 26 accounting college students across Virginia. The foundation also awarded a VSCPA Minority Scholarship this year, bringing the total number awarded to four.
Virginia Tech student Elizabeth Michalowicz also received the inaugural Samuel A. Derieux, CPA, Memorial Scholarship this year. Derieux, who passed away March 8, 2020, was a Richmond-based retired CPA who was a VSCPA past president and longtime member, as well as the only CPA to serve as both president and chair of the AICPA.
Quick Tips to Help Your Bookkeeper with Dental Corporate Tax Accounting - LA Progressive
Of course, you will not be managing your accounts on your own. That's what bookkeepers are for. So how can you make sure your bookkeeping goes as smoothly as possible?
No more papers and ancient methods of keeping your accounts in check. This is the 21st century and that means there’s software for practically everything. That being said, choosing the right one for you can be tough.
ON THE HORIZON: NEW LEASE TREATMENT UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES - Westfair
Over the past few years, professional services firms worked diligently to understand and implement the new revenue recognition standards which had minimal impact on recognition, but did enhance the notes to their U.S. Generally Accepted Accounting Principles ("GAAP") basis financial statements.
WHO
Professional services firms who is-sue audited, reviewed or compiled fi-nancial statements under GAAP who have existing operating leases in place that exceed twelve-months in dura-tion (i.e., true month-to-month leases will not be impacted).
SEC stance on SPAC warrant accounting demands closer look | Accounting Today
The "Replacement of Securities upon Reorganization, etc." section in many SPAC warrant agreements contains a seemingly never-ending sentence that stretches three quarters of the page, and the associated accounting guidance is equally challenging to interpret. Therefore, the technical complexities have led many to understand that there are issues, but they're not always able to easily articulate exactly what these issues are.
EU Considering Tighter Biomass Carbon Accounting | CleanTechnica
In response to evidence that it may be worse for the climate than burning coal and gas, the EU is considering tightening rules governing the classification of wood and wood pellets as "renewable energy."
About 20% of EU energy comes from renewable sources, and biomass, including wood pellets, accounts for nearly two-thirds of renewable energy generated in the EU under current rules.
Biomass has been considered climate neutral because trees will eventually grow back, but that accounting fails to address the complexity of the carbon cycle and reality of the timber industry. It's a calculation Asbjørn Torvanger, a senior researcher at the Centre for International Climate Research in Oslo, Norway, described to Energy Monitor as "a simplification of greenhouse gas accounting, [based on] limited knowledge of the timing and permanency of carbon storage in forests and soil."
Major accounting firm moving to downtown Dallas from LBJ Freeway
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On the move: EY appoints San Juan office MP | Accounting Today
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Accounting firms slowly return to offices while giving employees flexibility | Accounting Today
Accounting firms, like many businesses, are reopening their doors as the COVID-19 pandemic recedes thanks to wide availability of vaccines in the U.S., but they're trying to avoid alienating staff.
Firms have been welcoming back employees who have been working from home for over a year, but giving them options to keep working remotely, if they choose, to avoid losing talented staff and partners to the competition.
Happening on Twitter
ICYMI: Last week we dropped our *ninth* episode of the @CPSolvers Antiracism in Medicine! Led by @ChiomaOnuoha, th… https://t.co/4P9zX9ZiVn UREssien (from NYC | BOS | PGH) Thu Jun 17 13:29:19 +0000 2021
ICYMI: 'We're going to be able to support 170 athletes, Olympians and Paralympians across the Pacific in their Toky… https://t.co/Q2wZlJmqmb Reuters (from Around the world) Sun Jun 13 15:05:00 +0000 2021
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