Monday, November 7, 2022

Bridging the gap between accounting and management | Accounting Today

Graham Stanton and Edgar Thomas — the founders of Avise, a provider of cloud-based accounting and finance software aimed at startups — look at how the information business leaders need from their accountants changes as a business grows — and why accountants and management aren't always speaking ...

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Publisher: Accounting Today
Date: 2022-11-07T14:10:00
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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EisnerAmper Earns 2022 "Best of Accounting" Award for Client Service Excellence for Sixth ...

NEW YORK , Nov. 7, 2022 /PRNewswire/ -- EisnerAmper—a global accounting, tax and business advisory firm—has earned ClearlyRated's Best of Accounting Award for excellence in client service for the sixth consecutive year.

Twitter: @YahooFinance
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Eight ways accounting advisers can help minimize confusion, restore confidence for businesses | ...

The field of accounting is far from black-and-white. There are complicated questions and often a high degree of judgment required when applying the rules.

Documenting complex transactions and the related accounting conclusions can be challenging given today’s standards for internal controls over financial reporting.

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Publisher: Crain's Detroit Business
Date: 2022-11-02T09:07:21-04:00
Author: https www facebook com
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Net at Work's Heskiel: Outcome based pricing is coming to accounting | Accounting Today

In a crowded field, how do accountants differentiate themselves from one another? Today there are a number of answers to this question.

Gail Heskiel, chief operating officer of accounting solutions reseller Net at Work, says that pricing structures will be another method of standing out from the competition — specifically, a shift away from billable hours to outcome-based pricing that relies on a certain result being achieved.

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Publisher: Accounting Today
Date: 2022-11-07T15:22:48.635
Author: https www accountingtoday com author chris gaetano
Twitter: @AccountingToday
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FASB accounting changes for cryptocurrency will also change accounting | Fortune

"Accounting is the language of business," said Warren Buffett. "You have to be as comfortable with that as you are with your own native language to really evaluate businesses."

Buffett is right. Modern accounting is so important that some consider double-entry bookkeeping one of the great innovations of all time.

Publisher: Fortune
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Artificial intelligence needs more intelligence to unlock potential | Accounting Today

Artificial intelligence promises a revolution in the way we work, and already there is a growing number of software solutions marketed to accountants touting its use.

Yet the degree of attention received by these ostensibly AI-powered solutions over the years has led some observers in the accounting technology arena to wonder just how smart these products are, concerned there is more hype than sense in this area. 

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Publisher: Accounting Today
Date: 2022-11-07T15:17:41.987
Author: https www accountingtoday com author chris gaetano
Twitter: @AccountingToday
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Berkshire Hathaway could boost earnings after Occidental accounting change | Reuters

In its quarterly report on Saturday, Berkshire said it adopted the equity method of accounting for its 20.9% stake in Occidental, which is worth more than $14 billion.

Berkshire plans, starting in the fourth quarter, to report its share of the Houston-based company's results with its own, with a one-quarter lag.

Publisher: Reuters
Date: 2022-11-05T17:21:35Z
Author: Jonathan Stempel
Twitter: @Reuters
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SEC's Munter warns of potential decline in accounting 'professionalism' | CFO Dive

Paul Munter, acting chief accountant at the Securities and Exchange Commission's (SEC), expressed concern Thursday about what he called recent signs of a decline in the level of "professionalism" among employees at some of the largest accounting firms.

Publisher: CFO Dive
Date: 2022-11-03
Author: _____
Twitter: @CFODive
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Carbon accounting startup Planetly shuts down and lays off 200 employees

Why it matters: Planetly is among the first carbon-software companies to shut its doors amid a broader swath of layoffs affecting tech companies and startups.

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Publisher: Axios
Date: 2022-11-04T19:18:49.433000Z
Author: Megan Hernbroth
Twitter: @axios
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