by edwin | Dec 19, 2019 | Accounting Industry, Accounting News
Accounting standards are the DNA of every financial statement of every business in the US. Hence, just like DNA, a single change can affect the growth of the whole entity. For leasing standards, unfortunately, these changes are coming to light slower than expected....
by edwin | Dec 19, 2019 | Accounting Industry
Accounting has always been one of those careers with dismal retention rates. The stress attributed to the job often results in accountants and CPAs shifting around different career paths until they find the one that suits them best. Unfortunately, a pattern of...
by edwin | Dec 19, 2019 | Accounting Industry
Leaders in the accounting profession are adamant that accounting is both art and science. However, it is undeniable that accounting follows many rules and principles that machines can easily replicate. Hence, the obsolescence of accountants and CPAs is a growing...
by edwin | Dec 19, 2019 | Accounting Industry, Accounting News
Small businesses, in one way or another, experience some losses during their existence. One of the most common kinds of these losses is casualty loss. Casualty losses are a negative movement in the value of a company due to unexpected, unusual, and sudden events....
by edwin | Dec 19, 2019 | Auditing, Small Business
A business audit decides the reliability of your business records. It can affect how your investors perceive your company. For example, a negative audit review can tell your stockholders that they cannot trust you in handling your finances. Seattle Bookkeeper Other...
