Thursday, January 26, 2023

An accounting firm's secret weapon: better workflow | Accounting Today

Workflows are what make a firm run — smoothly or not. A poor workflow will impede growth and make an otherwise efficient person or group less effective at their jobs.

Simply put, an accounting workflow is how you keep track of projects. It enables everyone within a firm to know what tasks are in progress, who is working on them, and the timelines associated. An efficient workflow allows accountants to:

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Publisher: Accounting Today
Date: 2023-01-26T15:32:12.012
Author: https www accountingtoday com author jonathan timothy
Twitter: @AccountingToday
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$4 Billion Accounting Scandal Exposes Supplier Finance Risks (1)

The accounting scandal that led to a $4 billion hole in the balance sheet of major Brazilian retailer Americanas SA centers on a common funding tool with notoriously opaque reporting: supplier finance.

Americanas, which nosedived into bankruptcy protection last week, is an extreme example of how the arcane practice, also called supply-chain finance or reverse factoring, can take advantage of loose accounting rules to flatter a company's balance sheet.

Twitter: @BLaw
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Iredell Health System Announces New Director of Accounting

Eaton has worked in the accounting department at Iredell Health System for more than 11 years and has over 23 years of accounting experience.

Prior to her arrival to Iredell in 2011, Eaton worked in the furniture industry. Her personal interactions with medical professionals made her consider a job in healthcare.

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Date: A6F1F610D65EE1B259C1C6A86840ABA0
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N.C. A&T Center for Accounting Diversity Announces HBCU Graduate Accounting Fellows

The online bachelor's degree programs offered by North Carolina Agricultural and Technical State University now rank among the top 55 such programs in America, reports U.S. News & World Report's new "Best Online Programs" listings.

The acclaimed Chancellor's Speaker Series will feature the Emmy and Golden Globe-winning star of "This Is Us" and such films as "Black Panther" and "The People vs. O.J. Simpson."

Twitter: @ncatsuaggies
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Dubai-based accounting and financial compliance startup, Wafeq, raises $3M • TechCrunch

In 2016, the Gulf Cooperation Council (GCC) member states signed the Value Added Tax (VAT) agreement paving way for the introduction of the general levy on consumption across the region.

Wafeq is now exploring new growth opportunities in Egypt while doubling down on its existing markets as businesses comply with evolving accounting and financial requirements.

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Publisher: TechCrunch
Date: 2023-01-25T05:05:35 00:00
Author: Annie Njanja
Twitter: @TechCrunch
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Accounting Top 100 Social Media Leaderboard - Jan. 18, 2023 - CPA Practice Advisor

We are proud that Avalara's Accounting Top 100 social media leaderboard is made up of a diverse group of accounting industry professionals.

Moving on up: Landing within the top 100 at #91 is Jennifer Bauldic ( @jenniferbauldic on Twitter), after an impressive leap of 131 spots from #222! Jennifer is President and Cash Coach of Jetstream Administration Inc ., based out of Winnipeg, Manitoba, Canada.

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Publisher: CPA Practice Advisor
Date: 2023-01-24T19:28:05 00:00
Author: Maureen Salahshoor
Twitter: @cpapracadvisor
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Hindenburg shorts India's Adani citing debt, accounting concerns; shares plunge | Reuters

BENGALURU, Jan 25 (Reuters) - Hindenburg Research said it held short positions in India's Adani Group, accusing the conglomerate of improper use of offshore tax havens and flagging concerns about high debt that eroded $11 billion in investor wealth on Wednesday.

The group, which is led by Gautam Adani, the world's third richest person according to Forbes, dismissed the U.S. short-seller's claims as baseless, saying it was timed to damage its reputation ahead of a large share offering.

Publisher: Reuters
Date: 2023-01-25T21:18:46Z
Author: Chris Thomas Aditya Kalra
Twitter: @Reuters
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Three Accounting Concepts Every Startup Founder Should Know

While finance and accounting can seem daunting to those without a financial background, you don't ... [+] need to dive too deep into those fields as an early-stage startup founder.

Learning some basic accounting principles will not only help startup founders to manage their projects effectively but also make informed decisions that will benefit the company's growth and success in the long run.

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Publisher: Forbes
Date: 2023-01-23
Author: Abdo Riani
Twitter: @forbes
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No easy answers: A look back and ahead at accounting  | Accounting Today

After a decade at the helm of the Illinois CPA Society and as a major voice shaping the profession, Todd Shapiro shares valuable insights into the current and future state of the accounting profession on the verge of his retirement.

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Publisher: Accounting Today
Date: 2023-01-23T14:10:00
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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Trance Party Event Tickets

A Concert Like No Other


Hop aboard a shuttle to Kepler-1649c. Be there to welcome new lifeforms into the universe. All passengers must have a verified event ticket. There are 10,000 tickets in circulation so no need to panic. Limited seating available per trip. There will be multiple flights each hour shipping off from the NORAD Space Port in Iceland.

Event tickets are non refundable & non transferable (except on the black market. Call Sal with questions.) An event ticket can be reused for up to 9900 yearly transactions.

No sandals allowed on flight. Adults only. Kittens must show a custodian's ID at the gate. You are not allowed to get married while aboard the shuttle. Please arrive early if you are wearing jeans.

NB: EVENT TICKETS CONTAIN A PRIVATE ANONYMOUS DIGITAL IMPRINT.

Reserve your spot. Click here.




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