Archive: Accounting

Corpay Payments: How to Turn Your Accounting Department into a Revenue Generator

Download presentation slides Picture your bank’s bill pay – only smarter, with built-in bookkeeping and approval workflows that work for your team. Corpay provides an effortless platform, designed to save you time, money, and to help you focus on what counts. As a Sage Integration Partner since 2010, Corpay has helped Sage Intacct, Sage 300 […]
April 21, 2022

A Construction Customer’s Perspective to Accounting in the Cloud

  Download the presentation slides. Cloud technology is revolutionizing the Construction and Real-Estate industry and is gaining momentum, emerging as the solution to numerous business challenges for many construction and real-estate customers. Construction and Real-Estate Companies are able to leverage cloud accounting software because the cloud knows no boundaries, opening up endless possibilities. You can […]
March 9, 2022

Are You Ready for ASC 842: Leases? Webinar

Download presentation slides In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). The objective was to increase transparency and comparability in financial reporting by requiring balance sheet recognition of leases and disclosing information about lease arrangements. This update provided much-anticipated new guidance for lease accounting through the release of ASC 842, a […]
November 17, 2021

How to Account for Joint Activities

Determining whether an organization conducts joint activities and properly accounts for these activities can be challenging at times, as it can be subjective depending on the fundraising activity. Not-for-profits have two categories to allocate expenses. That includes: Program—money spent on the organization’s mission. Supporting Services: Fundraising – the costs of raising money for the mission. […]

Cryptocurrency’s Potential Effect on Real-World Financial Transactions

In the last few months, cryptocurrency, particularly Bitcoin, has been at the forefront of discussion in the world of finance. Morgan Stanley became the first large bank to allow clients to invest in three funds that enable ownership in bitcoin. Elon Musk and Tesla showed their support for Bitcoin by announcing that they would accept […]
April 7, 2021

Who Should Your First Accounting Hire Be: Controller, Senior Accountant, or CFO?

Congratulations on successfully establishing your business and beginning operations! Now that you’re up and running, you may be considering your first accounting hire. But, how do you know what position to fill first? How can you be confident that your course of action is the right one? At Aronson, we are often asked, “Do you […]
February 15, 2021

Mark Robins to Lead “Nonprofit Accounting for Contributions and Pledges” Webinar

Calling all nonprofits! Learn how to stay compliant when accounting for contributions and how to overcome its unique challenges. Accounting for contributions under GAAP can be challenging and keeping up with changes in accounting standards, while performing your daily responsibilities, can add to that challenge. This topic will help you understand the differences between contributions […]
December 10, 2020

Common Accounting Impacts Post-COVID-19

Download presentation slides. Aronson partners Mark Robins and David Semendinger discussed the significant GAAP accounting impacts that have occurred due to COVID-19. In this presentation, our presenters discuss: PPP Recap – How to account for loan forgiveness Going Concern considerations – What does this mean and what is management required to do Asset impairments  – […]
September 10, 2020

COVID-19 Pandemic Impact on Lease Concessions

The impact of the Coronavirus pandemic (COVID-19) on entities continues with a lot of unknowns related to its future effects. Entities need to monitor how they are affected and evaluate the accounting and reporting implications on their businesses, financial condition, operating results, and cash flows. Entities are encountering office and facility closures due to businesses […]

Firm Mattresses? Yes. Firm Financials, Not So Much.

Steinhoff International Holdings NV (Steinhoff), which owns well-known mattress retailer Mattress Firm, was recently recognized as one of the worst fraud cases of 2019 in an article from the Association of Certified Fraud Examiners’ Fraud Magazine. The situation first came into view in December 2017 when Steinhoff announced an investigation into accounting irregularities identified during […]
February 5, 2020