Accountant Charged In Multi-Million Dollar Insider Trading Scheme

July 12, 2019

In a chain of events worthy of its own movie, the Securities and Exchange Commission indicted a San Diego Investment fund owner over a $6 million insider trading scheme. The scheme involved the genetics research solutions provider, Illumina, Inc., and a former accountant of the company. Through the help of Martha Patricia Bustos, 31, a …

How Much Does An Accountant Cost?

July 3, 2019

Setting up a business is similar to high roll gambling. It costs a lot of money with no guaranteed returns. For this exact reason, most companies tend to limit their expenses as much as possible. A lot of the small business owners I know usually prioritize spending on operations, marketing, and management in that order. …

When Should I Get An Accountant For My Small Business?

June 28, 2019

Hiring an accountant can be a big step for businesses. This fact is most especially true to those still in their early stages. For some, it seems like an unnecessary expense that can push their financial numbers to red. In some cases, however, this fear is understandable. Hence, it is essential for business owners like …

5 Things Businesses Need To Know About The New House Tax Bill

November 5, 2017

Trump, early on his 2016 presidential campaign, gave the treasury department a run for their money after promising to cut taxes for both businesses and middle-class citizens. Fast forward a year later, the reformed House Tax Bill was born. Businesses across the States were cheering after hearing that the president will deliver on his promise …

How Can I Improve My Business Cash Flow?

October 24, 2017

Cash is king. Accountants know it; every business should accept it. Entrepreneurship is not about how much popularity you get, or how much inventory you can shell out every minute. It’s all about how much cash you have at the end of the day. Cash is like drinking water to businesses. It needs it to …

Will AI Soon Replace Accountants?

October 16, 2017

AI or artificial intelligence has been a growing study in the past few years. Although we won’t be having any terminators walking around soon, the advancements scientists have recently been making are enough to make a lot of employees worry. Unsurprisingly, accountants are no exception to this paranoia. Artificial intelligence, as its name presupposes, is …

IFRS 9: The Price Of The 2008 Housing Bubble

October 3, 2017

After the enormous housing bubble in 2008, the financial sector has never been more paranoid in every decision and guidelines they make. Hence, when the accounting industry created the latest and one of the most significant restructurings in the past few decades, many were still skeptical if it was the right decision or not. This …

What Are The Benefits Of Getting A CPA Degree?

September 24, 2017

It’s a well-known fact that getting those three letters appended on your surname is an uphill battle. However, we still see thousands and thousands of hopefuls lining up to spend almost half a decade of their lives only to be allowed to take the Uniform CPA Examinations of the United States. With more than half …

How Can I Apply Accounting In My Personal Life

September 15, 2017

Accounting is one of the fundamental activities of any business. Without it, a company would be similar to a blind person driving a high-speed car. They may know how to do business, but they would be blind to important signals that Accounting can give them. However, it is not only businesses that need Accounting for …

What are the Most Common Accounting Software Used?

September 8, 2017

Most accountants train to work with the simplest tools that generations of accountants before them used. However, There may come the point in your career that you will work for a company that too large or too complicated to stick by this traditional means of accounting. Luckily, modernization has innovated most of the jobs around …