Chapter

14.8. Trends in Accounting*

From IntroductionToBusiness OP 8D04gAa

Concepts

1. How does the debt-to-equity ratio measure a firm’s use of borrowed funds?

   "Debt Ratios Debt ratios measure the degree and effect of the firm’s use of borrowed funds (debt) to finance its operations. These ratios are especially important to lenders and investors. They want t

2. How has the post-SOX environment changed the accounting industry?

   "14.8 Trends in Accounting 8. What major trends affect the accounting industry today? The post-SOX business environment has brought many changes to the accounting profession. When the public accountin

3. How are cloud computing and automation changing accounting work?

   "Cloud-Based Services The internet and cloud technology continue to disrupt many industries, including accounting, and clients expect their accountants to be up to speed on how financial data and othe

4. How can accounting firms address staffing challenges and retain millennial CPAs?

   "Staffing Challenges As these and other disruptive technologies change the focus of accounting work, the challenge of hiring the right staff to use these new tools intensifies. With accounting process