Accounting

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December 16, 2019 

AICPA Issues Guidance on Accounting for Digital Assets

In response to a rapidly changing digital assets ecosystem, the American Institute of CPAs (AICPA) has issued nonauthoritative guidance in the form of a Practice Aid on how to account for digital assets. It is based on professional literature and ...

Credit Card Mercator

December 16, 2019 

Americans Prefer Using Credit Cards Over Cash or Debit

Consumers report that merchants are trying to influence their method of paying. For example, this year 59% report that they have seen signs posed by merchants stating credit card minimums, up from 52% in 2018. Also, 46% report stores offering ...

QB Pro Advisor Dec 2019

December 15, 2019 

AI-Driven Innovations All the Talk at QuickBooks Connect 2019

QuickBooks Live was designed specifically for small businesses who are not currently connected with an accountant or bookkeeper and feel they only require a light level of ongoing assistance. Several informational breakout sessions were held during ...

Automation_technology _.5558c5b706074

December 12, 2019 

Do Your Best Emerging Technology

From the December 2019 Issue. I my columns last year, I explored the details of various emerging technologies. For this column, I’d like to re-visit and update changes in emerging technologies for the profession. The frenzy continues around several emerging technologies, and some of the hype is starting to be true. Startups and traditional providers...…

Randy Johnston

Automation_technology _.5558c5b706074

December 11, 2019 

Accounting Profession “Thriving in Age of Innovation”

Artificial intelligence and other transformative technologies have ushered the accounting profession into an age of innovation, and the momentum of change continues to build, the chief executive of CPA.com said in a morning keynote at the Digital CPA Conference. “While technology is enabling these changes, CPA firms must align their business strategies and skills and...…

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December 11, 2019 

AICPA Offers $650,000 in Accounting Scholarships

Several Legacy Scholarships, funded by the AICPA, the AICPA Foundation, and partners, offer $3,000 to $10,000 per student, with more than $650,000 in total scholarships available. These scholarships provide support to students with a variety of ...

CPA_dot_com

December 11, 2019 

CPA.com Partners with Expensify’s Smart Business Card

Small and medium-sized businesses have long been underserved by traditional corporate cards. Small businesses in particular often lack the credit history and growing revenue required for corporate card approval, which limits the number of options ...