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Broker-dealer audit deficiency rates remain high

Accounting Today

And for evaluating audit results, firms did not sufficiently evaluate whether the broker-dealer financial statements were presented fairly in accordance with GAAP. Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here.

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Inside GASB's far-reaching agenda

Accounting Today

In late 2023, GASB issued Statement 102 , "Certain Risk Disclosures," requiring state and local governments to provide financial statement users with information about specific risks when circumstances make a government vulnerable to a heightened possibility of loss or harm. That is effective for 2025 financial statements."

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10 Best Multi-Currency Accounting Software

Invoicera

billion in 2031 at a CAGR of 25.40% , the demand for multi-currency accounting software is rising. In this blog, well explore the 10 best multi currency accounting software options that simplify global financial processes, providing businesses with the tools needed to stay ahead in a competitive market.

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North American Assisted Living & Aged Care Purchasing, Procurement, Finance and Accounting Best Practices.

Compleatable

Collection, digitization, verification, coding and approval of Invoices and Bills improves finance efficiency by up to 95%. See Compleat Software AP Automation Finance and Accounting Best Practices Every organization regardless of size need good, solid trustworthy finance practices.

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Essential Accounting Tips for Singapore’s F&B Industry

Counto

Key Financial Statements You Should Know: There are three primary financial statements you should focus on: Income Statement : Shows your business’s profitability over a specific period. Improve Invoicing : Use invoicing software to streamline billing and ensure payments are collected promptly.

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Navigating Success with the Best Accounting Software for CPAs and Accounting Firms

CapActix

That’s where the best accounting software for CPAs and accounting firms comes into play. Client interaction is improved via secure document exchange, real-time availability of financial information, and communication gateways built into the platform. million ( Source : Finances Online ).

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Where do accruals appear on the balance sheet?

Accounting Tools

It is an essential element of the accrual basis of accounting. It is nearly impossible to generate financial statements without using accruals, unless the cash basis of accounting is used. Accrued revenue situations may last for several accounting periods , until the appropriate time to invoice the customer.