Accounting

In accounting, the term "familiarity threat" refers to the threat to auditor independence that arises when a CFO or other top executive of a company being audited was formerly employed by the accounting firm conducting the audit. In the years leading ...

Poll respondents report that the biggest benefits of implementing a digital controllership strategy include: improved talent resource allocation toward higher value, strategic work by reducing manual, repetitive work (40.5 percent); improved internal ...

With a new year comes new resolutions, disruptors and trends. This will especially ring true in the payments space, which boasts one of the biggest growth markets in the world - fintech. Research estimates that global fintech solution usage is ...

The ITC, Revenue and Expense Recognition, discusses two models: an exchange/nonexchange model, and a performance obligation/no performance obligation model.

Looking to the year ahead, the organization WomenCorporateDirectors convened top global corporate directors in its EMEA and Asia Institutes this fall, and, from those and other discussions, identified ten ways boards are seeking to mitigate risk today.

Xero, a provider of small business accounting and management solutions, has partnered with Stripe, enabling Xero customers to accept Automated Clearing House (ACH) bank transfers. With the availability of ACH payments, Xero’s more than 1.2 million ...

According to a new study conducted a professor in the Department of Design and Environmental Analysis at Cornell, workers in daylit office environments reported an 84 percent drop in symptoms of eyestrain, headaches and blurred vision symptoms, which ...

On-site auditing has been the customary default since the dawn of accounting. It’s worked reasonably well, though time and cost considerations – both from the company and firm’s vantages – typically took secondary focus to successful audit completion, ...