IMA's Count Me

FEBRUARY 28, 2020

She spoke with IMS manager of brand content and storytelling, Margaret Michaels Kelly presented on pink collar crime at IMA's 2019 annual conference and expo in San Diego and she was nice enough to sit with Margaret after her presentation to share some additional insights as we approach our 2020 annual conference. It's the main street crime.

Auditing 40

Auditing Accounts Payable Accounts Payable CPA 40

IMA's Count Me

APRIL 11, 2021

I know that, actually I was the co-author of I believe what was the last agenda request item to the FASB back in 2019, specifically on this issue. And I do know that in 2019 and 2020, FASB has come out and basically said, that it's not material enough yet for them to be bothered basically.

Accounting 40

Accounting Accounting AR / AP AR 40

IMA's Count Me

JULY 29, 2019

And what they do is they take three major classes of fraud, which is the fraudulent financial statements, so just fudging the numbers in effect, a misappropriation of assets. Because one of the things that your, your financial statement data is always going to be what's getting manipulated when you're trying to cover up a fraud.

CPA 40

CPA QuickBooks Financial Statements General Ledger 40

IMA's Count Me

MARCH 20, 2022

in 2019, I wasn't working for Rembrandt at the time. When I first go out here at Rembrandt I always ask for three years of financial statements before I accept a job offer. I'll take it back to the very beginning. I was working for a company called Oregon Freeze Dry in Oregon in Albany, Oregon.

Collections 40

Collections Financial Statements Accounting Accounting 40

Future Firm

SEPTEMBER 1, 2023

AutoEntry was acquired by Sage in 2019, so expect to see some nice synergies if you’re on Sage. But deep financial reporting on income and expenses, double-entry, and analytics of a business is not one of them. They can handle the basic financial reports well (ex: financial statements, accounts receivables reports, etc.),

Accounting Software 98

Accounting Software XERO QuickBooks Accounting 98

Cloud Accounting Podcast

MARCH 30, 2020

Under 30-minute set-up template - you've got a three-way financial statement forecast for the next 12 months. So, if they filed 2019 tax returns, and they have direct deposit turned on, Steven Mnuchin is saying you're gonna get your money in three weeks. percent for the entire year compared with 2019.

Accounting 40

Accounting Accounting Payroll Billing 40

Cloud Accounting Podcast

JULY 7, 2020

Blake Oliver: [00:14:14] While the police are searching for Jan Marsalek, the spotlight is on Ernst & Young now, as the auditor that signed off on Wirecard's financial statements for three years before this was finally revealed. David Leary: [00:15:45] This is starting to. Until this gets funded, I don't know.

Tax 40

Tax Auditing Deposits Accounting 40

Cloud Accounting Podcast

JULY 28, 2020

They're starting to figure out that instead of producing financial statements, they basically found out that it's not AI or software doing it, it's dozens of accountants doing it manually- Blake Oliver: [00:34:20] In The Philippines. Like a café, it's like a coffee shop.

Bookkeeping 40

Bookkeeping Accounting Accounting QuickBooks 40

Cloud Accounting Podcast

JUNE 8, 2020

It's called, "People Killed by Police Forces - Annual Rate per 10 Million People." [00:09:30] The author of this chart looked at a police shooting database from 2019, compared it to U.S. This one rose to the top.

Tax 40

Tax XERO Payroll QuickBooks 40

Cloud Accounting Podcast

MAY 18, 2020

carat diamond ring for himself, a 2019 Rolls-Royce Wraith, $40,000 in child support. carat diamond ring for himself, a 2019 Rolls-Royce Wraith, $40,000 in child support. Blake Oliver: [00:00:23] The best part about this, David, is what he spent the money on. Apparently, he spent $1.5 Apparently, he spent $1.5

Payroll 40

Payroll Billing Deposits Accounting 40

Cloud Accounting Podcast

AUGUST 25, 2020

This is lowest perceived value and the most common service, and that is bookkeeping, and financial statement closures - closing the books, low value, very common. [00:43:53] Now, you move up. You have financial reporting, and advisory/consulting, and tax prep. They labeled them funny, too. All this and much more!

Accounting 40

Accounting Accounting QuickBooks XERO 40

Cloud Accounting Podcast

MAY 26, 2020

So, you can say, "Let me look at April 2020 versus April 2019." According to generally accepted accounting principles, you have to eliminate those transactions when you present your financial statements. Now, you can compare periods when creating a custom chart.

XERO 40

XERO Accounting Accounting QuickBooks 40

Cloud Accounting Podcast

OCTOBER 1, 2020

million at the same point in 2019, according to the U.S. It could be perhaps a set of financial statements, a tax return, whatever you want. Blake Oliver: [00:09:38] Or get a PPP loan [crosstalk] Yeah, that could be distorting things. I don't know. But let's keep it positive here. We have passed 3.2 Census Bureau.

Accounting 40

Accounting Accounting QuickBooks XERO 40

Cloud Accounting Podcast

AUGUST 17, 2020

I wonder how Revolut is doing in the pandemic, because I spotted a story this week about how their losses tripled in 2019 due to their rapid expansion. The most basic audit technique in the book is send a letter to the bank, make sure that those accounts are real, and the amounts are accurate, as of the date of the financial statements.

Payroll 40

Payroll Tax Accounting Accounting 40