No one in charge of their company’s annual 401K Audit has ever used the words “easy” or “fun” to describe the annual 401K audit process. However, with the proper guidance and knowledge the process can be smooth and stress free. Offering a 401K plan to employees is a great way….
Accountants have relied on calculators for over a century, underlining the important of technology’s role in reducing errors and streamlining financial reporting. So, it’s no surprise that the advancement of technology is trending towards a virtual workforce. As progressive software and robots trickle their way into our daily lives, the….
Technology has a way to infiltrating almost everything in today’s modern world. While sometimes frustrating, the truth is that companies who fail maintain a finger on the pulse of technology trends end up losing out in the long-run. The accounting industry, while always remaining true to its roots, inevitably falls….
Ethical issues surround almost every aspect of accounting, forensic accounting, and valuation engagement. The American Institute of Certified Public Accountants (AICPA) plays a critical role in outlining the rule-making and standard-setting for which all CPAs must adhere to. In doing so, AICPA commits to serving the public interest through a….
Choosing the right accounting firm can make or break an organization. For small businesses, using accounting software like QuickBooks or Quicken may seem like the logical solution. However, as public and private companies expand, the need for the right accountant or accounting firm becomes indispensable. While every company’s needs are….
This article was written to help understand what the changing interest rates mean. The Federal Reserve Board has the power to change interest rates and uses this power to affect consumer spending. When interest rates are low, borrowers are more likely to take out a loan to make big purchases. ….
The title of a certified public accountant, or CPA, is one that many view as having a great deal of competence, experience, and being a trusted business advisor. This is due to the fact that becoming a licensed CPA requires the individual to possess these characteristics. There are 3 essential….
In recent years, Florida State University’s accounting program has consistently ranked among the top in the country. With a dedicated staff of professors who are experts in their respective fields, students have a wealth of knowledge available to them in the classroom. However, in order to progress beyond concepts and….