Accounting
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Americans Claimed More Than $8 Billion in Clean Energy Credits Last Year, IRS Says
IRS Updates WISP Guide for Tax Pros
Sage Intacct Expands AP Automation to Support Businesses Globally
DraftKings Ditches Plan to Charge Extra Fees in High-Tax States
Helping Your Restaurant Clients Navigate Accounting Software
Running a restaurant presents a unique set of accounting challenges for many managers and owners. Issues such as transient staff, high transaction volume and theft are key concerns for restaurant owners, and having a robust system in place to handle these situations can go a long way. From general purpose accounting software to restaurant-specific accounting […]
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Green Finance Practices for Earth Day
Accounting firms looking to be a little greener have many ways to accomplish the goal. With Earth Day coming up (Saturday, April 22), Basware is offering some tips, starting with adopting paperless business processes throughout their financial ...
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Survey Shows Doubt on Value of Mandatory Auditor Rotation
Perhaps no issue in contemporary accounting has drawn more attention than that of mandatory auditor rotation – whether companies should be required, in the cause of sound financial reporting, to periodically change audit firms or audit-firm engagement ...
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Expensify Adds New Features to Partnership Program
In addition to these new features, Expensify has also introduced a new tier in the Approved! Program called the Champion tier, whereby firms that adopt Expensify internally get an additional 5% discount for both internal firm use as well as for their ...
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New Financial Close Analytics System Strengthens Management Oversight
The new module helps accounting organizations uncover bottlenecks in their month-end closes and identify trends to streamline and better manage the process. FloQast is a provider of close management software created by accountants for accountants.
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KPMG Dismisses Head of Audit Practice, 5 Others for Conduct
The firm learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG personnel.
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Venture Capital Funding Hits $17.3 Billion in Q1 2017
With much of the uncertainty from 2016 subsiding in the U.S., there are signs of optimism in the venture capital (VC) market as total investment in the first quarter of 2017 reached $17.3B across 1,809 deals, according to Venture Pulse, a quarterly ...
AICPA Proposes New ERISA Auditing Standards
This proposed SAS addresses the auditor’s responsibilities to form an opinion and report on the financial statements of ERISA plan financial statements, and the form and content of such reporting, including reporting on specific plan provisions ...