Accounting
Latest News
Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
Sovos Introduces 1099 Professional For SMBs
Vero AI Launches Iris GRC
New Features Added to Abila MIP Advance and True Fund Accounting
Highlights of the new release include a revamped dashboard user experience to support visual reporting across a variety of charts and key performance indicators (KPIs), intuitive data entry and new integrations for improved cash receipt management, ...
New System Uses AI to Automate Invoices and AP
Tipalti scans invoices from emails and then automatically populates the required fields such as invoice number, supplier, quantity, and rate - including data in 27 languages. Once an invoice is added to Tipalti, the optical character recognition (OCR) ...
BillingPlatform Raises $18 Million to Grow Agile Monetization Business
BillingPlatform, the agile monetization company, has drawn an initial $4 million from the funding commitment provided by Columbia Capital. The investment comes at a time of rapid growth for BillingPlatform and widespread interest in agile monetization ...
Wolters Kluwer Wins Top Honors in 2017 Golden Bridge Awards
In addition, Wolters Kluwer Tax and Accounting CEO Karen Abramson earned Silver and Bronze leadership recognition and two Bronze wins were awarded to CCH AnswerConnect for new product/service innovation.
Only One in Five Financial Risk Professionals Fully Comprehend FASB’s Hedge Accounting Updates
The Financial Accounting Standards Board (FASB) has issued guidance on hedge accounting that will better align accounting with the economics of strategies used by companies. The guidance is also expected to ease administrative burdens related to ...
High Retail Sales Send Imports to Monthly and Annual Records
Boosted by continuing sales growth, August is expected to be the busiest month on record for imports at the nation’s major retail container ports and 2017 is on track to set a new annual high, according to the monthly Global Port Tracker report ...
4 New Members Appointed to FAF Private Company Council Board
The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed four new members of the Private Company Council (PCC) to three-year terms that begin on January 1, 2018.
New FASB Update Focuses on Hedge Accounting Rules
The Financial Accounting Standards Board (FASB) has issued a final Accounting Standards Update (ASU) that will improve and simplify accounting rules around hedge accounting. The ASU is effective for public companies in 2019 and private companies in 2020.