In a unanimous decision that marks a significant shift in the financial landscape, the Financial Accounting Standards Board (FASB) has voted to implement a new rule on cryptocurrency accounting and disclosure. This change is expected to offer a more accurate...
The Internal Revenue Service (IRS) has recently announced an interest rate increase effective from October 1, 2023. This decision will have a ripple effect across various sectors, impacting everyone from individual taxpayers to small businesses, corporations, CPAs,...
As an accounting and financial professional, you work tirelessly to keep your clients’ finances in order. However, there are days when the “BLAHS” set in, and you need some inspiration to keep putting one foot in front of the other. Here are some...
Are you tired of hourly billing and the constant pressure to track your time? Have you considered switching to a value-based pricing model that focuses on delivering the best possible results for your clients? If so, you’re not alone. Many accounting firms are...
As a CPA, you want to take care of your clients and provide them with everything they need to make prudent financial decisions. Financial reports are at the top of the list of how you provide vital information to your clients. You have a lot of knowledge to offer, but...
Whether you like it or not, networking is vital to being in the business world. It can be the most effective and least expensive way to promote yourself and grow your business. This is especially true if you mostly conduct business in your local area. Networking is...