Wednesday, December 8, 2021

James and Jennifer Newman establish Endowed Accounting Scholarship - The University of Montevallo

The University of Montevallo is proud to announce the establishment of the James and Jennifer Newman Endowed Accounting Scholarship in the Michael E. Stephens College of Business, made possible by a generous donation from the Newman family.

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Publisher: The University of Montevallo
Date: 2021-12-07T17:04:52 00:00
Twitter: @Montevallo
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Local receives national award for accounting and bookkeeping business | Energeticcity.ca - Local

FORT ST. JOHN, B.C. – A Fort St. John accountant was recognized with a national award earlier this week after starting her business in June 2020, during the COVID-19 pandemic.

Jennifer Desiar, the owner of DESIAR Accounting & Bookkeeping Services, received the Rising Star of the Year at the third annual Sage Circle of Excellence Accounting Awards.

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Publisher: Energeticcity.ca - Local news from Northeast B.C.
Author: Energeticcity Staff
Twitter: @energeticcity
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Accounting for software in weapons systems -- FCW

Helmets with multi-input displays designed to work with the F-35 Lightning II (U.S. Air Force photo by Senior Airman Erica Webster)

The Defense Department is still trying to figure out the best way to buy software and track that spending – especially when it comes to software components of big-ticket weapons systems.

Publisher: FCW
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Gain the Accounting Skills All Entrepreneurs Need

If you don't have an accountant on staff, it's essential that you have accounting skills to help your business.

Accounting is one of the absolute most important skills that any entrepreneur can have. They're money people, after all. And managing your money right is key to business success.

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Publisher: Entrepreneur
Author: Entrepreneur Store
Twitter: @Entrepreneur
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FIFO Vs. Specific Identification Accounting Methods

BY DEFAULT, the IRS, brokerage firms, and most trade accounting programs use the First-In-First-Out (FIFO) accounting method. If you sell security A, its cost-basis is the first lot purchased — the first one "out" or sold.

But there is another option called the Specific Identification (SI) accounting method. Assume you bought several lots of security A over the year while the stock increased in price.

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Publisher: Forbes
Date: 2021-12-06
Author: Robert Green
Twitter: @forbes
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Investors want better disclosures on accounting for goodwill | Accounting Today

The CFA Institute released the results Tuesday of a global survey of investment professionals on accounting for goodwill, related disclosures, and how those issues are affecting analysis and investment decision-making.

The survey found that investors would prefer one consistent approach, focused on disclosures, instead of amortization.

Publisher: Accounting Today
Date: 2021-12-07T21:13:52.046
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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New Course: Accounting Data and Analytics | Lundquist College of Business
Date: 2021-12-07T10:51:07-08:00
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No accounting: How two scientists are balancing the planet’s natural carbon budget: New

A pair of researchers at the University of Massachusetts Amherst recently published the results of a study that is the first to take a process-based modeling approach to understand how much CO 2 rivers and streams contribute to the atmosphere.

Scientists refer to the total CO 2 circulating through the earth and the atmosphere as the carbon budget.

Publisher: ScienceDaily
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What Is The Difference Between Financial Accounting And Management Accounting? - Propmodo

Financial accountants typically follow the Financial Accounting Standards Board’s (FASB’s) generally accepted accounting principles and standards set by the International Financial Reporting Standards Foundation .

Financial accounting focuses on performance for a very specific time frame. Another major difference is that managerial reports are used internally, while financial reports are distributed to those outside the company, including regulators, investors, and financial institutions.

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Publisher: Propmodo
Date: 2021-12-07T14:43:14 00:00
Twitter: @propmodo
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China Court: No Accounting for Profit for Joint Patent Ownership

In decision no.

The Supreme People's Court explained that Article 15 of the Patent Law stipulates that if the co-owners of the patent right have an agreement on the exercise of the right, such agreement shall prevail.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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