Saturday, 11 November 2017 19:24

New FASB Not For Profit Standard

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The Financial Accounting Standards Board released its accounting standards update for not-for-profit financial reporting, early adaptation is encouraged but it will be required for the year 2017 reporting.

The update aims to improve how a nonprofit organization classifies its net assets and provides information in its financial statements and notes about its financial performance, cash flow, and liquidity.

Corporate governance reforms, an increasingly global business environment, and rapidly changing technologies are fueling the need for accounting and finance professionals with advanced skills in Information Technology. ~Accounting today 2016

Thursday, 23 April 2015 00:00

Why Consider cloud accounting?

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In recent years we have seen accounting software vendors transitioning from desktop to the cloud environment. Many small businesses and start-up are jumping into cloud accounting mainly due to no large initial investment and affordable monthly subscription fees. Here are 5 reasons to consider if you are thinking of making the transition.

The best thing for small business since the development of desk top accounting software software. Cloud computing can give you access to your business data and applications from anywhere at anytime from any mobile device, at a reasonable price. The cloud gives small businesses access to technologies that previously were out of their reach and lets them compete with both other small businesses and larger ones.

Thursday, 23 April 2015 00:00

What is Cloud Accounting

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Cloud accounting software is similar to traditional, on-premises, or self-install accounting software, only the accounting software is hosted on remote servers, similar to the SaaS (Software as a Service) business model. Data is sent into "the cloud," where it is processed and returned to the user. All application functions are performed off-site, not on the user's desktop.

About Us

JLVerar CPA, PLLC is not just your average Accountant. We are committed to providing close, personal attention to our clients. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training and technical experience. Our continual investment of time and resources in professional continuing education, computer technology, and business relationships is indicative of our commitment to excellence.

 

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