Accounting
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AICPA Submits Comments Regarding ‘Once Out, Always Out’ Pillar 2 Rule
IRS Proposes Regs to Exempt Tribal-Owned Companies From Income Tax
Talking About Money is More Taboo than Politics or Religion, According to Survey
Floridians Evacuate Gulf Coast Cities Ahead of Hurricane Milton
Venture Capital Investment Hit $136.5 Billion in 2019
Heading into 2020, VC investment in the U.S. is expected to remain strong in areas related to artificial intelligence, robotic process automation and fintech. Corporate VC investment is also expected to remain robust. VC investor interest in ...
FASB Proposes Improvements to Accounting for Contributed Nonfinancial Assets by Not-for-Profit Organizations
The proposed ASU would require a not-for-profit organization to present contributed nonfinancial assets as a separate line item in the statement of activities, apart from contributions of cash or other financial assets. It would also require a not-for-pro
Bill Coen Appointed Chair of IFRS Advisory Council
The Advisory Council supports the Trustees by providing strategic advice. Mr Coen has been appointed to chair the Council and consider how to improve its effectiveness.
Coronavirus Causes Drop in Retail Imports
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are expected to see a sharper-than-usual drop this month, according to the Global Port Tracker report released today by the ...
IPSASB Offers Guidance on Social Policy Expenditures
This new guidance complements IPSAS 42 by providing requirements for accounting for collective services (such as defense at national-levels and street lighting at sub-national levels) and individual services (such as healthcare and education).
Demand for Fast Deployment and Ease-of-Use Drives AP Automation to the Cloud
Everyone wants and expects instant access to information. People demand the ability to conduct business at any time and from any location. Just as importantly, they want this capability now: Solution implementations must be quick and easy. These expectations ring true across the business spectrum, from end customers all the way to back-office teams such […]
AICPA Issues Statement on Accounting and Review Services
SSARS No. 25 converges AR-C section 90, Review of Financial Statements, with International Standard for Review Engagements 2400 (Revised), Engagements to Review Historical Financial Statements.
Do You Have a Clear Technology Vision
Most impressive at CES this year were hardware solutions to real world problems. We’ll discuss each of them, but I was particularly impressed by new generation laptops, monitors (including a second portable monitor), scanners, keyboards and mice.