Tag Archives: Accounting

Blockchain is Already Changing Accounting

Two of the “Big Four” accounting firms – Ernst & Young and Price Waterhouse Cooper – have already started to accept Bitcoin as payment. Even for those firms that do not yet accept this type of cryptocurrency, the digital ledger… … Continue reading

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Accounting 101: What is Depreciation?

In my mind, depreciation has two meanings – the common sense definition most people know intuitively, and the financial accounting definition which dictates how costs of fixed assets are spread out over many years. Note – if you are CPA, feel free to call … Continue reading

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Crotts to Speak at Probate Inventory and Final Accounting CLE

Attorney John Crotts has been invited to speak at the Probate Inventory and Final Accounting CLE in Charlotte, North Carolina on Thursday, February 15, 2018.  Mr. Crotts will present on “Preparing for the Final Accounting.”  His focus will be on … Continue reading

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G.E. Reports $9.8 Billion Loss and Discloses S.E.C. Accounting Inquiry

General Electric’s quarterly results showed how far the company has fallen, with big charges and sliding sales in its power generation business. G.E. also said the S.E.C. was examining its accounting. Read more detail on Recent Business Law posts – … Continue reading

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Accounting firms and industry groups comment on proposed Reg. S-K modernization

By Jacquelyn LumbThe SEC’s comment period on proposals to modernize and simplify disclosures under Regulation S-K closes January 2, 2018, with letters recently submitted by accounting firms Deloitte & Touche, PricewaterhouseCoopers, BDO USA, the Council of Institutional Investors, and the … Continue reading

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