Utah brings to three the total number of states that now have new laws on the books aimed at easing the path to CPA licensure and solving the accounting talent shortage.
https://www.cfodive.com/news/utah-becomes-third-state-new-cpa-licensure-paths/743651/ #CPA #Accounting #Finance #Compliance #Legislation
Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing
https://electrek.co/2025/03/19/tesla-tsla-accounting-raises-red-flags-as-report-shows-1-4-billion-missing/
"Many #Tesla shorts and detractors have questioned Tesla’s #accounting for years...
Today, the #FinancialTimes has released a new report pointing to a $1.4 billion gap in assets...
The report also points to other red flags...
but with #Trump and #Musk kneecapping the #SEC, repercussions are unlikely."
DOGE Is Not Here to Help With Your Taxes
The financial #data of millions of #Americans is at risk as #Musk and his "team" bring their unlawful breaches of privacy to the IRS
https://contrarian.substack.com/p/doge-is-not-here-to-help-with-your
"the #Privacy Act and the #IRS tax privacy laws were enacted in the 1970s...
If a private sector #accounting or #tax preparation firm behaved this way, they would (rightly) get dragged into #court by their customers."
LOL I have an idea for an AI accounting startup, "COOKBOOK AI!" slogan: "We'll cook your books so you don't have to!" #ai #accounting
DOGE's disastrous accounting
https://www.muskwatch.com/p/doges-disastrous-accounting
"the #data was littered w/duplicate entries, data errors, & items that demonstrated a fundamental misunderstanding of the federal contracting process...
an analysis of the data... actual savings that #DOGE has documented is about $2.6 billion... less than 5% of the claimed total of $55 billion.
...What follows is a selection of the most egregious #accounting errors committed by DOGE."
While the #DOGE team has cut some number of dollars, its slapdash #accounting adds to a pattern of #recklessness, which has recently gained access to sensitive govt payment systems.
Some contracts…were double or triple counted. Another initially contained an error that inflated the totals by billions. In at least 1 instance, the group claimed an entire contract had been canceled when only part of the work was halted. In others, contracts it said it had closed were actually ended under #Biden.
Businesses worldwide are embracing real-time payments to cut costs and stay competitive in a digital economy.
https://gfmag.com/transaction-banking/cross-border-real-time-payments-revolution/
#Business #Finance #Banking #Accounting #Money #RTP #Digital #DigitalEconomy #Cashless
Question for those who are #Blind and have experience with quickbooks, where do I get the jaws scripts for it and I should also figure out where to get quickbooks. I'm taking a course on accounting and want to be fully prepared to win. Thank you. #Accounting, #BookKeeping, #Finance
Hello, peppol invoices 
.
I'm so happy the age of custom invoices is coming to an end 
. I used to obsess a lot about the layout and contents, but efficiency matters above else in such matters and a standard unified format helps a lot.
Haha @pluralistic has a 5 mins video to pitch for the latest Martin Hench book. At 1 minute I was like "yep, I'm definitely sold". At 1'40" I was like "OK ENOUGH ALREADY I'M HITTING THE 'SUPPORT THIS' BUTTON". Marty Hench is a hero for the(se) ages. And the religion angle? I had not seen THAT one coming.
I admire Cory not just for his novels, but also for his ability to build trust in his readers.
Heads up : A University Professor who had a declared side hustle as an #author was refused #CarInsurance in the #UK as he was considered a high risk.
But he doesn't write racy novels and hang out with celebs in London bars and drive some unusual vehicle - he wrote #nonfiction books about #tax and #accounting , and drives a modest Vauxhall / Opel Corsa!
@zdl @evacide that any the fact that @signalapp is incorportated in the #USA, making them susceptible to #GDPR & #BDSG-incompatible #cyberfacist bs like #CloudAct.
Remember: #KYC IS THE ILLICIT ACTIVITY when it comes to #Communication!
Compare that to @monocles / #monoclesChat which don't demand any PII or KYC and allow people to pay for their services with #Monero and #CashByMail besides #SEPA #WireTransfer, #Stripe & #PayPal whilst supporting both decentralization (#XMPP is not a #SingleVendor / #SingleProvider solution!), implementing real #SelfCustody (#OMEMO, #OTR & #PGP is supported out of the box) for all the keys, and proper #Anonymitiy (using @torproject / #Tor & @guardianproject #Orbot for #privacy), so in case they ever get a duely sumitted warrant by a court they'd have to comply with, they'll most likely have no data whatsoever on clients that could allow identification.
Also having no PII is a matter of reducing #liability in the sense of #DataProtection: All data requested and by #monocles is the bare minimum mandated for #accounting (i.e. only linking a payment like a #TxID / Transaction-ID to an account and then adding up validity/activation period).
The Fifth Circuit Court of Appeals reinstated an injunction blocking FinCEN's Beneficial Ownership Info Reporting requirement, halting compliance deadlines under the Corporate Transparency Act.
https://www.ca5.uscourts.gov/opinions/unpub/24/24-40792..pdf #Accounting #Finance #BOI #Regulation #FinCEN
Billy Long, Trump’s Nominee to Lead the IRS, Touts a Credential that #Tax Experts Say is Dubious
—
The former Congressman from #Missouri, who once pushed to abolish the #IRS, has marketed himself as a Certified Tax and Business Advisor after attending only a three-day seminar.
@mircoxi it should not be a fineable offense, because a fine means it's only illegal for small/"poor" corporations.
It's the #HR equivalent of #MarkToMarketAccounting...
#GnuCash 5.10 has been released!
GnuCash is free and open source personal and small-business financial-accounting software.
I use it for financial administration.
The #PCAOB could be defanged by the incoming #TrumpAdministration, potentially leading to a significant drop in financial regulation enforcement and oversight.
https://www.cfodive.com/news/pcoab-defanged-trump-administration-sec-gensler/735432/ #AuditOversight #SEC #Accounting #Finance #Business
Trump-related #accounting rule revamp is a likely ‘nonstarter’.
Daniel Tinkelman, a professor of accounting at Brooklyn College of the City University of New York, wants the #FASB to clarify #GAAP rules on personal financial statements.
https://www.cfodive.com/news/trump-related-accounting-rule-revamp-nonstarter-FASB/735427/ #Finance #Banking
