You don’t need a business degree to know the importance of a strong bottom line. A good bottom line drives revenue, fuels growth and leads your company to long-term success. It’s only natural that you’ll want to defend it when it is threatened by something such as invoice fraud. For
Senior citizens often fall victim to elder financial abuse, even at the hands of their closest relatives, but accountants can help protect them. Seniors lost over $3.4 billion to elder fraud in 2023, according to the FBI, an 11% increase from 2022. Other estimates, attributed to the Better Business Bureau,
Regulators said BF Borgers failed to abide by accounting rules that its public company clients are required to follow.
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
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
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
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
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
Opinions expressed by Entrepreneur contributors are their own. I’m not going to name names, but over the past 25 years of practicing accounting, I’ve run across a fair number of business owners who are tax cheats. These are the people that are playing what I call “audit roulette.” They are
Whom does it belong to? How did it get there? Why? The more legislators dig, the murkier things seem to get.