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Private sector added 192K jobs in April

The number of jobs in the private sector grew by 192,000 last month, while annual pay increased 5.0% year over year, payroll giant ADP reported Wednesday. The service-providing sector added 145,000 in April, including 22,000 in professional and services such as accounting and tax preparation, 16,000 jobs in the financial

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NASBA chooses Daniel Dustin as next president and CEO

The National Association of State Boards of Accountancy board of directors selected Daniel J. Dustin, CPA, as NASBA’s next president and CEO.  Dustin’s tenure as president and CEO will start Aug. 1, 2024, after Ken Bishop, the current president and CEO, retires. “I was fortunate to meet Dan more than

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NASBA chooses next president and CEO

The National Association of State Boards of Accountancy board of directors selected Daniel J. Dustin, CPA, as NASBA’s next president and CEO.  Dustin’s tenure as president and CEO will start Aug. 1, 2024, after Ken Bishop, the current president and CEO, retires. “I was fortunate to meet Dan more than

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Lights, camera, taxation! Accountants on screen

With the announcement that “The Accountant” is getting a sequel (while the original 2011 Ben Affleck-helmed action thriller tops the Netflix charts), we at Accounting Today got to thinking about the most memorable on-screen accountants.  Fortunately, despite the urge to stereotype members of the profession, this list represents some diversity

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Master the art of timekeeping for government contracting compliance

U.S. government contracts account for over $700 billion annually, a significant portion of which hinges on the ability of contractors to “establish and maintain an acceptable accounting system,” which includes “timekeeping” and “labor distribution.” Failure to maintain an acceptable accounting system may result in the withholding of payments from the

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FASB limits project on accounting for software costs

The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model. During a meeting Wednesday, board members and staff discussed research done by the staff and the direction of the project, which had initially set

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