KyCPA offers members the opportunity to create a dynamic recruitment video designed to showcase your company’s culture and highlight career opportunitites to potential new accounting talents.
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Corporate CPAs play a pivotal role in their companies’ success, helping to drive business forward and contribute to its profitability. This is especially true when the CPA is in the position of chief financial officer (CFO). How does a corporate CPA/CFO enhance their skills in the C suite and/or on the board of directors? How do they develop long-term career-building relationships? Whether the employer is a for-profit or nonprofit organization, there are several attributes and qualifications that define (and can elevate) that professional’s value to an organization.
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The Financial Accounting Standards Board (FASB)’s Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606), applies to all contracts with customers unless the contract is within the scope of another standard (e.g., leases, insurance, financial instruments). The standard became effective for public companies for the first interim period beginning after Dec. 15, 2017, and nonpublic companies in the years beginning after Dec. 15, 2018. Businesses can apply this ASU retrospectively, or they can elect to recognize the cumulative effect of applying the new standard to existing contracts in the opening balance of retained earnings on the effective date (with proper disclosures).
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The Internal Revenue Service wants small business taxpayers and the self-employed to know that, starting May 13, 2019 an important change will affect the way it issues employer identification numbers, or EINs.
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HB 354 changed the due date for the first estimated tax payment for corporations and limited liability pass-through entities. Under the old rule, the first payment wasn’t due until June 15. That due date is now April 15. The subsequent due dates are June 15, September 15 and December 15.
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“I have learned so much about leadership, presentation skills, and professionalism during my volunteer time; it has served me well and will continue to serve me in the future.”
—Elizabeth Rankin, CPA, owner of ANEW 401K TPA, LLC | Member since 1998
