Thursday, August 19, 2021

Revenue, lease accounting still challenge private companies - Journal of Accountancy

Revenue recognition and lease accounting remain a challenge for private companies after a one-year, pandemic-related delay in effective dates provided financial statement preparers some relief.

Changes to accounting for revenue under Accounting Standards Update (ASU) 2014-09, Revenue From Contracts With Customers (Topic 606) , and leases under ASU 2016-02, Leases (Topic 842) , have been on private companies' radar for many years.

Publisher: Journal of Accountancy
Date: 2021-08-19T06:00:00.000-04:00
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Locally owned business among Accounting Today's 'Best Accounting Firms to Work for' | The Ponte

Pivot CPAs, the area’s largest locally-owned independent CPA firm, announced the firm was recently named as one of the 2021 “Best Accounting Firms to Work for” by Accounting Today.

“This is truly one of the best recognitions that an accounting firm — or any workplace — can achieve,” said Peter Reynolds, CPA, managing partner of Pivot CPAs.

Publisher: The Ponte Vedra Recorder
Date: Thu 19 Aug 2021 01:00:00 -0400
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Jennifer Haskins Accounting & Business Solutions Payroll, Bookkeeping, Tax Preparation |

Jennifer Haskins Accounting & Business Solutions Payroll, Bookkeeping, Tax Preparation, Business Consulting, Web Design 814-245-9220

Publisher: The Bradford Era
Twitter: @TheBradfordEra
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Accounting Changes When Reevaluating Real Estate Assets | GlobeSt

Nominations are available for GlobeSt. Real Estate Forum's Influencers in Healthcare Real Estate recognition. Submit an accomplished professional and/or company before the submission deadline on August 20!

Publisher: GlobeSt
Date: 2021-08-19
Author: Erik Sherman
Twitter: @GlobeStcom
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US military equipment left in Afghanistan needs full accounting, GOP senators say | Fox News

Fox News national security correspondent Jennifer Griffin summarizes the Joint Chief of Staff's update: 'The picture they painted was bleak.'

A group of GOP senators called Wednesday for a full accounting of U.S. military equipment that may have fallen into the hands of Taliban militants during the ongoing chaotic withdrawal from Afghanistan.

Publisher: Fox News
Date: 2021-08-18
Twitter: @foxnews
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AUM accounting senior Abigail Williams named 2021-22 PCAOB Scholar - AUM

Auburn University at Montgomery accounting major Abigail Williams learned early in her academic career that the field of accounting is more than crunching numbers.

"This was due in part by witnessing the passion, love and dedication that each of my professors possessed for the field," said Williams, a senior. "Their passion for this discipline motivated me to find my passion within accounting."

Publisher: AUM
Date: 2021-08-18T15:18:22 00:00
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Nagel on Finances: Make the resolution for better business accounting soon - Rio Rancho Observer
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Publisher: Rio Rancho Observer
Date: 2021-08-19T12:30:32 00:00
Author: Roger Nagel
Twitter: @RRObserver
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EY launches Career Path Accelerator Program | Accounting Today

Ernst & Young announced the launch of its Career Path Accelerator program Thursday, designed to give more accounting students an accessible path to the 150-credit-hour CPA licensure requirement.

The Career Path Accelerator program offers skills development training to EY interns who are on the road to CPA licensure, but who are not currently enrolled in a master's program or additional studies that will complete their 150-credit-hour requirements.

Publisher: Accounting Today
Date: 2021-08-19T13:24:42.849
Author: https www accountingtoday com author sean mccabe
Twitter: @AccountingToday
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Woodway water budget accounting for lower water use this summer

CENTRAL TEXAS — As our wet summer continues, the gloomy skies have managed to bring a little sunshine to the wallets of homeowners.

The rain has helped to keep away some of the typical August heat, but the benefits haven't stopped there. The excess water has saved homeowners the trouble of turning on the spigots to water the lawn. Round Rock resident Marcia Rogers has been pleased with the results.

Publisher: KXXV
Date: 2021-08-19T01:48:59.281
Author: https www kxxv com caleb chevalier
Twitter: @25NewsKXXV
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Alzheimer's Association Accounting Industry Leadership Council expands nationwide | Accounting

The Alzheimer's Association Accounting Industry Leadership Council was established in Jan. 2020, immediately before the COVID-19 pandemic was about to unfold worldwide.

As federal tax credits and incentives practice leader for Prager Metis, I co-founded the Council with Rob Lucas, director of corporate initiatives for the Alzheimer's Association.

Publisher: Accounting Today
Date: 2021-08-19T13:50:57.001
Author: https www accountingtoday com author peter j scalise at317
Twitter: @AccountingToday
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