Purchase Acquisition Accounting

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Purchase Acquisition Accounting

🖨 Print⏱ 3 min readShare by Purchase acquisition accounting is the commonly accepted method to document the acquisition of another business on the balance sheet of the acquiring company. The business’ assets that are being acquired are documented on the … Continue reading

Posted in Accounting News, Blog |

Raising the Debt Ceiling, Protecting Air Travel and Repealing the Iraq AUMF

🖨 Print⏱ 3 min readShare by Fiscal Responsibility Act of 2023 (HR 3746) – This Act represents a compromise reached by House Republicans and President Biden. Republicans negotiated concessions in exchange for voting to raise the debt ceiling to maintain … Continue reading

Posted in Blog, Congress at Work |

Understanding Modified Accrual Accounting

🖨 Print⏱ 4 min readShare by According to the Federal Register, there were about 90,000 local and state government entities throughout the country in 2022. This number is comprised of towns, counties, cities, special districts, and independent school districts. One … Continue reading

Posted in Accounting News, Blog |

Increasing the Federal Debt Limit, Improving Disaster Resources and Attempting to Reduce Government Waste

🖨 Print⏱ 3 min readShare by Limit, Save, Grow Act of 2023 (HR 2811) – This bill was introduced in the House by Rep. Jodey Arrington (R-TX) on April 26. It would authorize and increase the federal debt limit as … Continue reading

Posted in Blog, Congress at Work |

Upholding Human Agency in an Era of Evolving Digital Systems

🖨 Print⏱ 4 min readShare by Technology has greatly contributed to improving and streamlining everyday life. However, as technology advances, there is an increased reliance on digital tools powered by artificial intelligence and machine learning. Unfortunately, these technologies are also … Continue reading

Posted in Blog, What's New in Technology |

End of Covid Emergency Declarations Put Work from Home Benefits at Risk

🖨 Print⏱ 3 min readShare by The end of the federal emergency declaration for Covid-19 came on May 11. As a result, there are various public health policy changes. For example, vaccines and treatments will remain available, but at-home tests … Continue reading

Posted in Blog, Tax and Financial News |
 

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