In order to thrive, accounting professionals needs to transition their businesses to a model that meets the needs of today's clients — and quickly. I recommend bookkeepers and accountants start with a needs assessment in order to understand what knowledge, abilities, and processes they will require to
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ELMHURST – An accounting error has led Edward-Elmhurst Health to overstate its accounts receivable by about $92 million. The error accumulated over more than six years based on recommended accounting practices at each hospital, according to an Edward-Elmhurst Health statement. Nearly half of
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If you or someone you know is thinking about blowing the whistle on some shady behavior, forget about reporting it internally; take your tip to the Securities and Exchange Commission if you want anti-retaliation protection under Dodd-Frank. Naturally, this came out of a case of accounting shenanigans:.
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The Internal Revenue Service said Thursday it's prepared to handle three of the recently extended tax breaks that had expired for 2017. This month, as part of the bipartisan budget deal, Congress revived 36 tax extenders that had expired at the end of 2016 and weren't previously included in last
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The Union County Sheriff said he has requested that the State Law Enforcement Division investigate a recent discovery. Sheriff David Taylor said his office recently found “accounting irregularities” and after a preliminary review, he made the decision to request an independent investigation by SLED.
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