10 reasons why accountancy is a great career

 You've taken the first step and committed to changing your future but might be wondering what will happen after you qualify.  You should feel confident in knowing that you’ve chosen a career that’s in demand with opportunities to work in a variety of roles or become your own boss. Here are just some of the reasons why accountancy is a great career. 1. Employers always need accountants According to a report by recruitment company Robert...

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8 Questions Your Financial Statements Won't Answer

Our CPA firm teaches free training classes to Napa Valley Winery owners and their teams. We just completed a class called Making Sense of Winery Financial Statements in which we asked attendees to review the above (red neck winery case study) financial statements. This was done at the beginning of class, before we gave them any instruction. We asked them two questions: What can you learn from these financial statements? What do you need to know but can't answer from these statements? Based on our decidedly unscientific survey, there is more...

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You may be busy, but you probably aren’t as productive as you think — and you’re definitely working yourself to death

How do we measure professional success? Is it by the location of our office or the size of our paycheck? Is it measured by the dimensions of our home or the speed of our car? Ten years ago, those would have been the most prominent answers; however, today when someone is really pulling out the big guns, when they really want to show you how important they are, they’ll tell you all about their busy day and how they never had a moment to themselves. With the use of modern technology, what we could once accomplish in the average 40-hour work...

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10 Ultimate Guides To Getting Out Of Debt

The Ultimate Guide To Getting Out Of Debt Five years ago, when I was in my mid-30s, I opened my first adult savings account. I was attending a friend’s wedding in India and wanted to make sure I had enough money to go. What I didn’t consider but later realized was that, at that time, I had $6,500 of credit card debt and $18,500 of student loan debt. Looking back, I can see that a more practical person would have said that going to India for...

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Happy Birthday to Me

I remind myself every year on this special day how blessed I am to have been given another year to experience the wonders of this beautiful world! God is good! My birthday is a day I cherish and love. Happy birthday to me!!!!....

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Forbes: When It's Time To Dump Your Career And Pursue Your Passion

Perhaps you have been through aquarter life crisis or maybe you are even in one right now. It’s possible you have questioned your career path and choices, wondering if you should have pursued your passion instead of the route you took. It’s well known that millennials are loyal to their values and morals, as published by the 2016 Deloitte Millennial Survey, where 55% of millennials said their personal values or morals had the highest level of influence on decision making at work. Since it’s common for millennials to defer their passion...

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5 Reasons Why You Should Start That Business

2017: REASONS WHY YOU MUST START THAT BUSINESS THIS YEAR Some months ago the Federal Government released a report that the Nation is in recession. Forthwith, things began to deteriorate both financially and economically for "some" individuals because of the different fiscal and monetary policies of the federal government which were geared to rescue the Nation's Economy from the chronic disease called "Recession". As a result of these emergency surgical operations the Forex law became more tight, importation of certain items were banned, companies...

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IAASB Appoints New Technical Director

The IAASB is pleased to announce the appointment of Matthew Waldron as Technical Director.  In this role, Mr. Waldron works closely with the IAASB Chair to engage senior members of the global accountancy profession, the regulatory community, and other key stakeholders in support of, and to enhance, global public trust; and to manage the international audit and assurance standard-setting program. Mr. Waldron leads and develops a dynamic...

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5 Ways to Be Financially Free During and After the Recession

5 Ways to Be Financially Free During and After the Economy Recession It is no longer a news that there is a general economic downturn all over the world. Companies are laying off staffs, countries are facing increasing inflation rate, unemployment rate is on the increase, and immigration policies are getting tight. It is evidently clear that things are quite difficult economically and financially. Despite all these, we can see individuals (young...

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The Artists' Accountant with millions of dollar worth of Arts Collections

The Artists’ Accountant How a gentle nudge towards culture turned into an art collection worth millions. Working as an accountant in the early ’70s, Tom Lowenstein’s wife turned to him one day and affectionately told him he wasn’t cultural enough. In an effort to change this, they began visiting art galleries on weekends. Fast-forward 40 years and the Lowensteins have one of the most important collections of Australian modern and contemporary art...

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Auditor General Uncovers #2bn fraud in the National Assembly

The Auditor-General’s report has exposed a N2 billion financial scandal in the National Assembly expenditure, according to document seen by Daily Trust. The revelation came at a time the National Assembly has been under increasing pressure to make its budget expenditure open. Details of the lawmakers’ annual budget of over N100 billion have been shrouded in secrecy since 2010. The AGF’s annual report, exclusively obtained by our correspondent,...

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