Editor's Note
We at AccountingWEB want to extend our thanks to all of our
loyal members and all of those sponsors who help support our site and e-newsletters.
As we approach the Thanksgiving holiday, it is our wish for all
of our members that you have an opportunity to share some
peaceful time with your family and loved ones.
Happy Thanksgiving from AccountingWEB!
Rob Nance, Diane Williams, Tony Pavich, Gail Perry, Adrian
Burcham, Kathy Costa, Anne Rosivach, Robin Burnham, Ericka
Tavares, Teresa Ambord, David Ringstrom
Questions & Advice
Accounting career uncertainty
I am a part time college student studying accounting and
working in physical security for a multi-state utility. I guess
with all of the uncertainty in the economy these days I am
wondering if accounting is still the degree to get. Do you
think there will always continue to be such a great demand for
accountants or am I too late?
Add your input! Add your input!
FSA reporting
I would like to hear some opinions on the proper way of
recording Medical and Dependent care Flexible Savings Account.
On a Medical FSA an employee is able to immediately use their
entire Plan amount. Should this amount be recorded as a
liability on January 1? If the employee quits or is terminated
the company is liable for the any amounts paid in advance. Also
is there a way for the employer to have the employee repay
advance amounts?
Share your suggestions today! |
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