Financial Reporting
Latest News
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
Workday Sees Growth in Q3
In its third fiscal quarter that ended October 31, 2022, Workday Financial Management continued to gain traction with new and newly deployed customers...
BlackLine Debuts Tax Hyperautomation Capabilities for Intercompany Financial Management
The extension to BlackLine’s intercompany solutions comes in response to organizations facing increasing intercompany tax scrutiny globally, including cross-border reporting...
The Technology Lab Podcast – Review of Nett-Tracker – August 2022
Randy Johnston and Brian Tankersley, CPA.CITP, CGMA review Nett-Tracker, a tool to automate recurring journal entries and simplify financial reporting.
DFIN and FloQast Announce Partnership to Transform Financial Reporting
Through the partnership, companies utilizing both FloQast and DFIN’s new ActiveDisclosure will be able to streamline the record-to-report process. Working together, this integrated approach will save time and mitigate risk by improving accuracy and ...
GASB Requests Input on Proposal to Improve Guidance on Compensated Absences, Amend Certain Disclosures
The proposed Statement would supersede the guidance issued by the GASB in Statement No. 16, Accounting for Compensated Absences, which was issued in 1992. The proposal is in keeping with the Board’s commitment to periodically reexamine its standards to...
Organizations Still Face Challenges in Forecasting
As uncertainty persists, it’s important for organizations to continue to improve and strengthen their cash and liquidity management abilities so as not to provide a false sense of security.
Whatever You Do, Do NOT Forecast!
I resigned recently from the role as a VP on a NASDAQ listed company. We spent our lives forecasting. Wall Street wanted to know exactly what we were going to do the next quarter and year and preferably the next ten years! They were ruthless.
IFRS Taxonomy Guide for Companies Now Available
The IFRS Taxonomy facilitates the digital creation and consumption of financial information. It improves investors’ access to financial information by listing and defining specific codes, or elements, that can be used to tag items of data.