Financial Reporting

The financial information and analysis company Sageworks has made several enhancements to its flagship ProfitCents platform, a suite of web-based financial analysis solutions used by thousands of accountants and business consultants.

The Financial Accounting Standards Board (FASB) has issued new guidance that improves U.S. Generally Accepted Accounting Principles (GAAP) by more faithfully representing when a company or other organization discontinues its operations.

79 percent of companies with a business plan say they are better off financially compared to a year ago, while only a third of small businesses without a business plan can say the same thing.

A decade after scandals at Enron, Worldcom, and other companies dramatized the need for improved corporate financial monitoring, this critical regulatory challenge remains in essential ways unmet, new research suggests.

Following earnings restatements, companies lose credibility with investors for 3 years, much longer than previously believed

PNC Bank. is partnering with Bill.com to enhance the bank's Cash Flow InsightSM, a suite of online tools specifically designed to help small businesses better manage incoming and outgoing funds. The enhanced technology automates the payables and receivables processes, taking paper out of the equation when sending invoices, making payments and tracking approvals.

Financial analysis developer Sageworks has released a new web-based business valuation system called PinPoint. The program is designed to help accounting, private equity and valuation firms determine an accurate and legally-defensible value for private companies.

The International Accounting Standards Board (IASB) today issued an interim Standard, IFRS 14 Regulatory Deferral Accounts. The aim of this interim Standard is to enhance the comparability of financial reporting by entities that are engaged in rate-regulated activities.