Accounting News




The Latest: Accounting error pauses World Series of Poker
An accounting error paused play for a few minutes at the final table of the no-limit Texas Hold `em main event of the World Series of Poker in Las Vegas. Organizers were forced to recount chips Saturday after a hand in which Daniel Ott doubled up to ...

Inspector general report dings Dugway — again — for chemical accounting and oversight
Dugway Proving Ground continues to face issues with its accounting and oversight of chemicals, including the deadly nerve agent sarin, according to a recent Department of Defense Inspector General report. The Army facility in west Utah drew ...

Baker School of Business announces new accounting program
The Tommy and Victoria Baker School of Business at The Citadel is readying principled business leaders of tomorrow with a new accounting program. The South Carolina Commission on Higher Education recently approved the Baker School of Business's ...

Arvato positioned as a Leader in IDC MarketScape: Worldwide Finance and Accounting BPO Services 2017 Vendor ...
Arvato positioned as a Leader in IDC MarketScape: Worldwide Finance and Accounting BPO Services 2017 Vendor ...

Setting the Standard: Top Accounting Firms Win Inavero's 2017 Best of Accounting(TM) Award for Superior Client ...
Setting the Standard: Top Accounting Firms Win Inavero's 2017 Best of Accounting(TM) Award for Superior Client ...

Accounting and Auditing Highlights week ending July 14, 2017
July 11: Potential accounting rule changes to debt classification could result in more debt being determined as current, possibly boosting costs and creating operational issues for the construction industry, according to discussions of the Financial ...

Investors need to watch out for revenue recognition changes
With the new revenue recognition standard taking effect next year, companies and their investors are bound to see some dramatic changes in the topline numbers being reported. The Financial Accounting Standards Board and the International Accounting ...

Point Park University hosts Accounting Career Awareness program for local high school students
PITTSBURGH—Completing its fifth year, the Accounting Career Awareness Program at Point Park University continues to engage high school students in the accounting field through visits to public accounting firms, hands-on workshops and presentations ...

M&A Roundup: Sax acquires Sterling; Cruise adds AC Tax & Accounting
Financial terms of the deal were not disclosed. Sterling founder Gregory Duffy has grown his firm to nearly $40 million in assets under management. With the new acquisition, Sax Wealth Advisors now advises clients who have approximately $850 million in ...

Can I get some guidance on cloud accounting setup?
I provide full charge accounting and tax services to my clients. I am trying to move to cloud accounting and I am having some difficulty setting up this new structure. As with clients that I might attract, that handle the day to day recording of data ...

Consultant Christie Scanlon shares best practices for cost accounting
There are so many different priorities, and things like cost containment end up in the background because you don't get instant gratification with a cost accounting initiative the same way you might with a revenue cycle initiative. With cost accounting ...

The emotional side of firm M&A
While much has been written about the technical and financial aspects of mergers and acquisitions between accounting firms, one of the most important but often overlooked stages of the process involves the emotional side of an affiliation. This holds ...