Small Businesses Inventory

September 5, 2018 

Small Businesses Inventory

Managing inventory properly is a critical function for retail-based businesses, as well as for service-based businesses, like plumbers and electricians, who may sell products along with the services. This is because inventory costs reflect affect actual profit, and inventory in stock affects is considered an asset for balance sheet, business valuation and taxation purposes.

Isaac M. O'Bannon

 Small Business Optimism Hits New Highs

September 5, 2018 

Small Business Optimism Hits New Highs

Confidence in the economy was reflected in small business owner attitudes about their current and future financial situation. In the July Wells Fargo/Gallup Small Business Index, 78 percent of small business owners reported their financial situation ...

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September 5, 2018 

Xero Adds Machine Learning, New Features to Small Business Accounting

Xero, the global small business platform, has added major new products and features that allow owners and their advisors to build more efficient and profitable operations. Announced in front of 3500 attendees at the largest ever Xerocon in Brisbane, the new features make it easier to collate information from hundreds of sources, gain a single...…

Uniform CPA Exam Logo 1  55e5ac96621a0

September 5, 2018 

U.S. CPA Exam to be Offered in Europe Starting in October

The international administration of the exam, which is offered in English, is the same as the exam administered by the AICPA, NASBA, and Prometric in the United States. The content of the exam is closely aligned with the work a newly licensed ...

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September 5, 2018 

EisnerAmper Joins Accounting Blockchain Coalition

The ABC is dedicated to educating businesses and organizations on accounting matters relevant to digital assets and distributed ledger technology, including blockchain. As an ABC member, EisnerAmper will collaborate with other industry leaders to ...

 These Financial Terms Leave Many Americans Baffled

September 5, 2018 

These Financial Terms Leave Many Americans Baffled

We can’t all be financial wizards, that is unfortunately and undoubtedly true. But as we navigate through different life stages, the urgency to acknowledge and grasp what numerous financial terms mean becomes ever apparent when making tough financial ...

 REG A+: A Risk/Reward Perspective for CPA Firms

September 4, 2018 

REG A+: A Risk/Reward Perspective for CPA Firms

With GDP now hovering around four percent and consumer confidence reaching highs not seen since before the dot-com crash, the economy is finally starting to look favorable for accounting firms. Tempering this enthusiasm is the constant concern that increased computing power will continue to make inroads, and eventually automate, the traditional practice areas such as...…

Michael Whitmire 5b8f00e363d2d

September 4, 2018 

Mike Whitmire – 2018 20 Under 40 Vendor Superstar

Mike Whitmire CPA (Inactive)CEO & FounderFloQastwww.floqast.com Career Highlights: Three years in audit at Ernst & Young, Los Angeles Practice Joined Cornerstone onDemand as fifth member of its pre-IPO accounting team; rapidly growing team that grew to over 40 to take the company public. It was in this role that Mike experienced the pain firsthand of...…

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September 3, 2018 

4 of 5 Millennials Can’t Answer Basic Financial Questions

Americans age 25-40 were asked five basic financial literacy questions from the MassMutual Foundation’s FutureSmart Digital program, developed for middle and high school students in partnership with education technology leader EverFi.

startup ceo salary 5b8d42999fb9d

September 3, 2018 

Average Startup CEO Salary: $130,000

The average CEO at technology startup businesses earns a base salary of $130,000 per year, according to a new study by Kruze Consulting, a CPA, tax and consulting firm to venture and seed backed startups. This study looked at the salary of over 125 funded companies, and compared CEO pay based on the startup’s industry...…