Randy Carswell

Imagine reclaimimg hours of your day and cut down on costs, all while ensuring your your FS's are flawless. Sounds like a dream? With Validate, it’s a reality. ❌ NO MORE MANUAL CHECKS ✔ Just ACCURATE & EFFICIENT financial statement reviews that let your audit teams focus on what truly matters. Our clients have seen significant time savings and reduced expenses by transforming their processes with Validate. Why waste time and money when you can automate your workflow and boost your bottom line? Discover how Validate can make your operations more efficient and cost-effective today. Ready to revolutionize your auditing? Let’s start saving. 💡💰 #ValidateRevolution #EfficientAuditing #CostEffectiveSolutions #AuditInnovation

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Gain valuable insights at the AICPA® & CIMA® Conference on Credit Unions, with expert guidance on topics like industry economic outlook, cybersecurity, derivatives, AI support, and CECL post-implementation behavior. Join industry leaders to drive credit unions forward with expert guidance and discussion. https://bit.ly/4eU5CXd

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Audits don’t have to be just about meeting requirements. They can offer a clear view of your business’s financial health, helping you find opportunities for improvement and long-term growth 🔍 Learn how to use audit findings to refine operations, enhance efficiency, and strengthen your financial foundation for the future. Ready to make your next audit work for you? 👉 https://lnkd.in/exGUnrJF #Audit #BusinessFinance #AuditSupport #BKPlus

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After the second wave of CECL adoption, credit union auditors need to establish an effective and efficient process to audit the CECL models that are fit for the size and complexity of the organization. Explore crucial CECL components at the 2023 AICPA & CIMA Conference on Credit Unions. Be part of our 2024 event for more insights. https://bit.ly/3P1iRdc

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After the second wave of CECL adoption, credit union auditors need to establish an effective and efficient process to audit the CECL models that are fit for the size and complexity of the organization. Explore crucial CECL components at the 2023 AICPA & CIMA Conference on Credit Unions. Be part of our 2024 event for more insights. https://bit.ly/3P1iRdc

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Many new accounting standard updates and SEC regulations are going into effect in 2024. Learn more in RSM’s annual effective date reminder. https://rsm.buzz/41do7Bz

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After the second wave of CECL adoption, credit union auditors need to establish an effective and efficient process to audit the CECL models that are fit for the size and complexity of the organization. Watch key highlights from the 2023 AICPA & CIMA Conference on Credit Unions. Join us in 2024 for more insights. https://bit.ly/3P1iRdc

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After the second wave of CECL adoption, credit union auditors need to establish an effective and efficient process to audit the CECL models that are fit for the size and complexity of the organization. Watch key highlights from the 2023 AICPA & CIMA Conference on Credit Unions. Join us in 2024 for more insights. https://bit.ly/3P1iRdc

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The Financial Accounting Standards Board published new rules Monday that will require public companies to break out more details related to certain expenses in tabular-style notes to financial statements. The long-anticipated rules could be a relatively big, costly lift for public companies, requiring a large amount of company resources to source the data required for the disclosures. However, while the rules carry a cost, "the demand from investors was so strong that we did need to recognize that and move forward with the standard,” FASB board member Frederick Cannon told CFO Dive. #accounting #gaap #publiccompanies #financialstatements https://lnkd.in/efbQENy9

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Another great article from Mike Jacka, this time on the importance of the word "no." Great read for a Friday! How would you take the risk of saying "no" to create the right boundaries for your Internal Audit shop? As the article states... sometimes it makes all the difference between EVALUATING controls... and BECOMING the control! Read here -> https://lnkd.in/gstGMcM2

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CPAs, CVRs, CPCs, and all the other acronyms starting with C are great, but... If you're prioritizing short-term, top-of-funnel metrics like CPC at the expense of longer, more sustainable metrics like LTV, pull up a chair. Better yet, crank up your standing desk -> turn on your little walking treadmill -> and join us as we journey down the path of how to plan, run, and measure high-performing holiday campaigns for this season. Link in comments. 👇

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What makes a GAAP audit a smart move for #Entertainment companies? #TeamGHJ Audit Partner Dan Landes, CPA explains that a GAAP audit not only meets compliance requirements but also bolsters a company’s financial credibility and risk mitigation efforts. With the high-value transactions common in entertainment, having a robust audit from an experienced firm like GHJ can be the key to future growth, investment and strategic partnerships. Learn more about the value of a tailored audit approach. https://bit.ly/3Bb8lvV #YourHomeTeamAdvantage

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CECL (Current Expected Credit Loss) is reshaping how nonprofits manage and report financial losses. It’s not just for big corporations—nonprofits now need to evaluate their financial instruments for potential credit losses too. Want to learn more? Click here: https://bit.ly/4gEoQkG

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What are the top 3 reasons clients hire CU Books? 1. Emergency response: When you unexpectedly lose an employee, you have to act fast to recruit, hire, and train the specialized talent needed to maintain your books. CU Books streamlines this process by giving you access our team of experienced CU accounting pros. We take the stress out of a challenging situation. 2. Team Expansion: When it’s time to strengthen or expand your accounting department, we’re just a phone call away. 3. Succession planning: When planning for the retirement, promotion, or reassignment of a long-time employee, thorough and organized knowledge transfer is vital. CU Books manages this process for you, ensuring all accounting tasks, processes, and responsibilities are documented and handed off seamlessly. Whatever situation you find yourself in, CU Books can help you continue serving your members well. Call today to find out more.

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👀📃It's time to dust off those P&Ps! Tune in to #InsightInIndianCountry to learn the impact of outdated #policiesandprocedures on Tribal organizations. REDW's #InternalAudit team is here to help you cross the finish line. 🏁 #InternalAuditAwarenessMonth

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FASB issues new, long-anticipated income statement expense rules   The Financial Accounting Standard Board published a new update effective for annual reporting periods beginning after Dec. 15, 2026. The new rules create transparency for investors by requiring public companies to detail relevant expense line items on their income statements. This includes purchases of inventory, employee compensation, depreciation and intangible asset amortization.    https://lnkd.in/efbQENy9   #BermanAdvisory #FASB #Audit #advisory Berman Audit & Advisory, P.A

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Interesting news aiming to address the talent pipeline challenges for CPAs. The AICPA and NASBA are proposing a competency-based experience option for CPA licensure. This new pathway could provide more flexibility while maintaining the rigorous standards of the profession. Key points: - Candidates would demonstrate professional and technical competencies - Still requires a bachelor's degree, 1 year of experience, and passing the CPA exam - Aims to address talent pipeline challenges in accounting What do you think about this potential new pathway? How might it impact talent acquisition and development in your firm? #Accounting #CPALicensure #AccountingProfession #ProfessionalDevelopment https://hubs.ly/Q02Qg6RP0

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Urgent call for accountants in public sector AICPA and the National Association of State Auditors, Comptrollers and Treasurers, (NASACT) have released a report highlighting a critical shortage of accountants in state and local governments. AICPA chief executive of public accounting Susan Coffey stated: "We have a talent shortage in accounting that affects business as a whole." The report suggests remedies such as competitive salaries for CPAs, educating legislative bodies on the value of accountants, and reviewing audit thresholds. It emphasizes the need for specialized expertise in public sector accounting, as government salaries often lag behind the private sector. The report also calls for increased educational initiatives and support for internships to attract young talent into the profession. R. Kinney Poynter, CPA, NASACT executive director, urged for renewed investment in public-sector accounting, stating: "Trust in government requires governments to prepare clear, consistent financial data." The report advocates for aligning accounting standards and reviewing audit requirements to enhance accountability. Subscribe to Accountancy Slice to get your daily slice of Accountancy intelligence direct to your inbox ➡️ https://lnkd.in/emfepVdu #AICPA #CPA #finance #accounting #AccountantShortage #accountants

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