accountingfly
NOVEMBER 21, 2024
TAX CANDIDATES FTE Senior Tax Accountant | Candidate ID #23560436 Certifications: EA in process Education: BBA Accounting Experience (years): 7+ years in public accounting Work experience (detail): Tax manager with a CPA firm Client account clean up Prepared 500+ returns in 2024 tax season Reviewed 200+ returns Client niches: Manufacturing, Hospitality, (..)
Accounting Tools
APRIL 12, 2023
An alternative method for recording transactions is the accrual basis of accounting , under which revenue is recorded when earned and expenses are recorded when liabilities are incurred or assets consumed, irrespective of any inflows or outflows of cash. The accrual basis is most commonly used by larger businesses.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Blake Oliver
NOVEMBER 27, 2024
Happy to contribute the CPA perspective to The New York Times' coverage of Macy's Thanksgiving Week Accounting Error. Here's my take: This sort of accrual journal entry mistake is easy to make. But was it a mistake? The account from Macy's doesn't quite add up.
Accounting Tools
JUNE 20, 2023
This skill set can be used to reconstruct the records of a destroyed business, to reconstruct fraudulent records, to convert cash-basis accounting records to the accrual basis , and so forth. Related Articles Continuing Professional Education CPA vs. CMA - Which Certification is Better? This career tends to attract auditors.
Less Accounting
NOVEMBER 18, 2022
January through April can feel like an all-out scramble to collect and track down information for your CPA. Prep for your CPA Reports to Run When you want to prepare for tax season, you’ll need to know how to run reports for your accountant. You can give your CPA this information in a spreadsheet or something similar.
Accounting Tools
JULY 18, 2023
For more complex journal entries, it is best to obtain the advice of the company's auditors or a CPA. Related Articles Accounting Journal Entries Accrual-Type Adjusting Entries Deferral-Type Adjusting Entries How to Write an Accounting Journal Entry Reversing Entries Types of Adjusting Entries
Future Firm
JULY 21, 2022
Engagement letters for your accounting or CPA firm is a legal document agreement sent to your clients that describes the overall business relationship with your client, clearly defining: Services included and how they’ll play out. Here is an example section for an Accrual Bookkeeping Service. Bookkeeping Services (Accrual).
Expert insights. Personalized for you.
52 
Let's personalize your content