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
New Payroll Rates and State Deadlines for W-2s in 2017
Additionally, here’s a rundown of the changes in the most commonly used rates and limits. We highly recommend exploring the payroll guidance solutions provided by Checkpoint, as rates constantly change.
Thomson Reuters Launches Solution for Common Reporting Standard for Automatic Exchange of Information
Thomson Reuters has launched the new Thomson Reuters ONESOURCE AEOI, an enhanced solution designed to help financial institutions manage the significant regulatory compliance burden of the common reporting standard (CRS) for the automatic exchange ...
2016 Review of W2 Mate from Real Business Solutions
W2 Mate is an easily affordable product from Real Business Solutions that provides accountants and businesses with the ability to prepare, import, file and print both W-2’s and 1099 forms. The vendor also offers a long-list of add-on modules to ...
Private Companies, Financial Technology and a Winning Opportunity for CPAs
We live in an era of rapid innovation in financial technology that is transforming how banks, private equity firms and other investors evaluate business opportunities and quantify risk. Yet the prevailing methods for exchanging private company ...
Fraud Examples Demonstrate Need for RIVIO Clearinghouse
The new RIVIO Clearinghouse (see accompanying article) is a solution to a problem of financial hijinks with which you might not be familiar. After all, most CPAs perform their services ethically and expect their clients to represent their financial ...
Workers Want To Know How They Affect Their Company’s Bottom Line
The findings uncovered different sentiments among age groups. Fifty-nine percent of professionals 55 years of age and older consistently see how their work contributes to the company's bottom line, but just 38 percent of those 35 to 54 years old agreed.
New FASB Update to Enhance Tax Disclosure Requirements
The proposed ASU is part of the FASB’s broader disclosure framework project to improve the effectiveness of disclosures in notes to financial statements by clearly communicating the information that is most important to users of a reporting ...
New Financial Instruments Impairment Standard Poses Challenges
Under the new model, there is no trigger event before booking expected credit losses; rather, they are recognized on day one. This day-one recognition of expected credit losses is likely the most controversial provision of the new guidance.