Blogs

at Illumeo

Illumeo Customer Success
(Blogs at Illumeo)

Auditing Revenue Recognition in a Pandemic

Auditing Revenue Recognition in a Pandemic The COVID-19 pandemic has thrown many curveballs at the accounting industry, one of which is how to properly perform revenue recognition tests in accordance with the latest authoritative guidance while also adjusting testing for the pa

Illumeo Customer Success
(Blogs at Illumeo)

Corporate Tax

Corporate Tax A corporate tax is imposed by the government on a business’s profit. The amount that is collected from corporate taxes is used as a source of income spent on the nation.

Illumeo Customer Success
(Blogs at Illumeo)

Single Audit Guidance

Single Audit Guidance A single audit is an audit of a federal award that is expended by state and local governments and non-profit entities.  The audit is performed to ensure that the entity expending the funds is following all of the rules and regulations of the award.  A federal award p

Illumeo Customer Success
(Blogs at Illumeo)

Ethics and The Accounting Profession

Ethics and The Accounting Profession Accounting professionals are bound to adhere to the rules of the organizations and professional standards of the accounting industry.

Illumeo Customer Success
(Blogs at Illumeo)

What is CPE (Continuing Professional Education)?

What is CPE (Continuing Professional Education)?CPE is ongoing training for certified professionals to remain certified in certain fields.

Illumeo Customer Success
(Blogs at Illumeo)

A Basic Understanding of Forensic Accounting

A Basic Understanding of Forensic AccountingForensic accounting is a newer accounting specialty that has become more popular in the last several years but many professionals don’t have a strong understanding of what a forensic accountant does.  In this post, we wil

Illumeo Customer Success
(Blogs at Illumeo)

The Sarbanes-Oxley Act 2002 Summary

The Sarbanes-Oxley Act 2002 SummaryThe Sarbanes-Oxley Act of 2002 is a law passed by U.S. Congress on July 30, 2020 protect investors from corporate fraud.

Illumeo Customer Success
(Blogs at Illumeo)

New Requirements for Reporting Contributed Non-financial Assets

New Requirements for Reporting Contributed Non-financial AssetsThe Financial Accounting Standards Board (FASB) recently released a new accounting standard requiring additional disclosure information when reporting contributed nonfinancial assets on financia

ArLyne Diamond
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Back to Work Business as usual– Sorta!

Back to Work  Business as usual– Sorta!It’s so mixed up.  More and more employees are working from home.  Programs like Zoom are helping us connect and pressing zillions of buttons on our telephone actually gets us transferred to the “right” person who is

Illumeo Customer Success
(Blogs at Illumeo)

Levels of Payroll Certification

Fundamental Payroll CertificationThe American Payroll Association is the national certification body for payroll specialists, representing more than 21,000 members.