Accounting

Intuit Inc., the business and consumer tech company behind brands like QuickBooks, TurboTax, Mint and Lacerte, has signed an agreement to acquire TSheets, a platform that small and medium businesses, self-employed, and accountants use to automate ...

This may come as news to accounts payable professionals: You need a payment strategy, and I don’t just mean getting rid of checks. Everybody's been trying to do that for a long time, with only moderate success. But, that’s not a complete strategy. It’s on

According to the 2017 Bill Payment Trends Survey from Bill.com and CPA.com, 77% of large accounting firms wish their clients would eliminate paper checks, and 75% recommend that their clients pay their bills online. Yet, only 25% require clients to ...

One of the key advantages of hedge accounting is that it helps to smooth earnings over time. For firms dealing with FX and interest rate swaps, or who are heavily exposed to physical and financial commodity markets, hedge accounting reduces the ...

Insurance companies, including healthcare payers, appear much more likely to make de-risking moves, with cost concerns and a lack of internal expertise to evaluate vendor controls cited as other primary reasons. The study, now in its fourth year ...

Foreign entrepreneurs who want to build innovative companies in the U.S. received good news last week when United States District Judge James E. Boasberg of the U.S. District Court for the District of Columbia ruled in favor of a lawsuit filed by the ...

The researchers also investigate investors’ response to four explanations companies give on Form NT for late 10-Q or 10-K filings – accounting reasons (the ones most frequently offered); corporate events, such as mergers or CEO incapacity; multiple ...

The AICPA Auditing Standards Board (ASB) has released three exposure drafts for comment that seek to enhance the relevance and usefulness of the auditor’s report.