Violation Of State Accountancy Act

RIVERSIDE CPA PAYS $25,000 PENALTY FOR VIOLATING STATE ACCOUNTANCY ACT Hartford – Secretary of the State Susan Bysiewicz’s office announced today that the Connecticut State Board of Accountancy has accepted a settlement agreement with Michael Smeriglio, a certified public accountant (CPA) from Riverside, Connecticut, practicing in Greenwich, which requires Smeriglio to pay a $25,000 civil […]

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The Changing Role of Accountants in the 21st Century

A number of reports by academicians and practitioners all over the world have called significant change in the accounting methods and research and their relevance in the 21st century. Many believe that the accounting model is outdated with little relevance to the changes taken place in the wider world. Both the academicians and practitioners agree […]

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Kim Fuller Case Study

Question 1 Before Kim Fuller start to manage his business, he need to identify two kinds of information which is can categorized to accounting information and non-accounting information. Accounting Information Accounting Information is a set of financial data indicating an organization’s resources, revenues, debts or expenses. Information about accounting information system is responsible for providing […]

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Accounting conventions are the basic rules of accounting which have become acceptable procedures over time. They are the basic rules of accounting. Accounting standards are laws for members of the professional bodies to follow. These are the different accounting conventions and regulations, and how they ensure that the financial statements meet their users’ needs. Going […]

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