Earmark Accounting Podcast

JUNE 20, 2025

What if the foundation of financial accounting is fundamentally flawed? Tom Selling, author of The Accounting Onion blog, argues that historical cost accounting creates a "truth in labeling problem" that allows management to manipulate earnings while failing to capture economic reality.

Cost Accounting 40

Cost Accounting Accounting Accounting CPA 40

Accounting Tools

JUNE 20, 2023

There are several types of accounting that range from auditing to the preparation of tax returns. Accountants tend to specialize in one of these fields, which leads to the different career tracks noted below. There are several career tracks involved in financial accounting.

Accounting 75

Accounting Accounting Financial Statements Auditing 75

Intuit

SEPTEMBER 18, 2024

Overall, you need at least 120 semester hours or 180 quarter hours of education that includes the following: At least 24 semester hours or 36 quarter hours of upper-division accounting, including: At least 3 semester or 4 quarter hours of financial accounting, based on U.S. CPAs must renew their licenses every two years.

CPA 130

CPA QuickBooks Customer Service Bookkeeping 130

Accounting Tools

SEPTEMBER 7, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals How to Audit Inventory What is a Cost of Goods Manufactured Schedule? The cost of goods manufactured schedule is used to calculate the cost of all items produced during a reporting period.

Financial Statements 75

Financial Statements Cost Accounting Auditing Financial Accounting 75

SMB Accounting and Consulting

DECEMBER 2, 2020

Many small business government contractors are exempt from complying with cost accounting standards (CAS) and defined by the code of federal regulations (CFR). However, compliance with generally accepted accounting principles (GAAP) is required. What exactly is GAAP? All publicly traded companies are required to follow GAAP.

Accruals 87

Accruals Financial Records Accounting Accounting 87

Accounting Tools

OCTOBER 11, 2023

There are numerous more advanced topics that fall under the umbrella of accounting, as noted below. Cost Accounting Cost accounting involves the review of product costs, examining operating variances, engaging in profitability studies, bottleneck analysis, and many other operational topics.

Accounting 75

Accounting Accounting Record Keeping Purchase Order 75

Accounting Tools

NOVEMBER 1, 2023

Areas of Accounting Specialization There are many sub-fields within accounting in which a person can specialize. For example, there are tax accountants , cost accountants , payroll clerks , billing clerks , general ledger accountants , and collection clerks.

General Ledger 75

General Ledger Accounting Accounting Financial Statements 75