The Balancing Act

Weinstein Spira Blog

Weinstein Spira’s blog, The Balancing Act, provides helpful information on technical accounting and CPA firm culture.

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QuickBooks: Tips for New Users

QuickBooks: Tips for New Users

QuickBooks is one of the most popular accounting software programs used by small businesses to keep track of their income and expenses. It is also used inside of many large companies by the bookkeeping department for everyday accounts receivable (AR) and accounts...

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Making Powerful Connections

Making Powerful Connections

Throughout my career in public accounting, I have been a big fan of networking and it paid off enormously in both my professional and personal life with a long list of business connections and friends. But recently, I found it more challenging to make new connections,...

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Demystifying the Cash Flow Statement

Demystifying the Cash Flow Statement

The cash flow statement is an important part of a company’s overall financial statements. It provides a close look at the actual cash inflows and outflows for the period presented (typically one year). Simply put, it summarizes the changes in cash and cash equivalents...

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Why I Chose a Career in Public Accounting

Why I Chose a Career in Public Accounting

Background The process of choosing a career path in the field of public accounting can be daunting. Sometimes it is a conscious decision and other times it may be something you fall into by chance. For me, I had little understanding of how my degree would materialize...

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How to Find the Right Mentor in College

How to Find the Right Mentor in College

Having a meaningful mentor when starting college will help smooth your path to becoming the accountant you want to be. But this does not mean finding a mentor just to be able to say you have one, or to tick off an item on your to-do list. It’s about finding the...

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8 Ways to Become a Powerful Networker

8 Ways to Become a Powerful Networker

Networking is an important aspect of doing business in the accounting world, where personal, authentic relationships really do count. It does not have to be formal networking, per se, as connections can be made anywhere, anytime you are around other people (virtually...

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Insider Tips on Passing the CPA Exam

Insider Tips on Passing the CPA Exam

Taking the CPA exam at any time is a huge challenge, as those who have been through the process will attest. It can be a challenge trying to work full-time while studying, so most people want to take the exams as quickly as possible upon graduation. In light of the...

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American Rescue Plan Act

American Rescue Plan Act

The American Rescue Plan Act (ARPA) of 2021 is a $1.9 trillion economic stimulus bill signed into law on March 11, 2021. Some of the highlights of the business provisions include: Employee retention credit – Extended for quarters through December 31, 2021 The...

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