Accounting
Latest News
Avalara Announces New AI-based Tariff Code Classification Solution
AICPA Urges FinCEN to Extend Automatic Disaster Filing Relief to FBAR and BOI Reporting
Pending Home Sales Rose 0.6 Percent in August
Healthcare Costs Hit Post-Pandemic Highs
Wharton Accounting Professors Recognized for Risk-Based Research
Christopher D. Ittner and Jeremy Michels of The Wharton School, University of Pennsylvania, were named recipients of the 2019 Greatest Potential Impact on Management Accounting Practice Award.
Investors Still Want Sarbanes-Oxley
Since its enactment in 2002 in response to notorious financial scandals at Enron, WorldCom, and other corporate behemoths, the Sarbanes-Oxley Act, or SOX, has been a continuing target of criticism. And probably no provision of the law has provoked ...
John H. Evans III, CPA, Ph.D Honored with AAA Lifetime Achievement Award
The award recognizes professionals who have made a significant contribution to management accounting education, research and practice. It is sponsored by the Association, the global accounting organization formed by members of the American Institute ...
BKD Partner Appointed to Financial Accounting Standards Advisory Council
According to FASB, the board establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations. Public financial reporting by U.S. corporations must conform to the principles established ...
FASB Proposes Changes in Accounting for Not-for-Profits
In this proposed ASU, instead of testing goodwill for impairment annually at the reporting unit level, a not-for-profit organization that elects the accounting alternative would ...
Accounting Predictions for 2019
December has come again, and it’s time to predict the big stories for 2019. Here are the seven trends I think will have transformational impact on practitioners and their firms in the coming year:
6 Reasons Small Business Owners Should Hire a Tax Pro
For individuals with more complex incomes, such as revenue from businesses, income from interest and dividends, capital gains on a home sale or foreign assets, seeking the expertise of a professional can save time, money and potential legal complications.
48% of CFOs Lack Succession Plan
Research suggests small businesses (20-49 employees), in particular, may be less prepared to deal with potential leadership changes, with only 37 percent of financial executives at those companies citing they have an heir apparent.