Accounting November 19, 2024
FASB Looks to Add New Guidance on How Businesses Account For Government Grants
The proposal would establish rules on the recognition, measurement, and presentation of a government grant received by a business.
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
Accounting November 19, 2024
The proposal would establish rules on the recognition, measurement, and presentation of a government grant received by a business.
Firm Management November 19, 2024
The PE-backed top 60 firm has expanded its footprint in western Michigan by acquiring BHT&D, a full-service CPA firm.
Small Business November 19, 2024
The groups have formed the Small Business Tax Fairness Coalition, advocating for a tax code that prioritizes entrepreneurs' needs.
Firm Management November 18, 2024
The top 25 accounting firm has wrapped up a deal with investment firm Centerbridge Partners and VC firm Bessemer Venture Partners.
Firm Management November 18, 2024
The top 30 firm said the injection of funding will help back increased M&A activity, as well as new technology and service lines.
Taxes November 18, 2024
For the first time since 2020, interest rates for tax overpayments and underpayments will be lower than the previous quarter.
Firm Management November 15, 2024
The top 30 accounting firm has entered the Southern California market by adding KKB, a full-service CPA and advisory firm.
Accounting November 14, 2024
An invitation to comment was issued on Nov. 14 as part of the FASB's research project on financial KPIs for business entities.
Taxes November 14, 2024
EAs with a Social Security number ending in 0, 1, 2, or 3 must renew their status before their current enrollment expires March 31, 2025.
Technology November 14, 2024
In one platform, accountants can quickly onboard new clients, manage their cash and spend, and provision permissions across staff.
Firm Management November 14, 2024
This latest deal with Owings Mills, MD-based Clearview Group is top 20 firm Citrin Cooperman's eighth acquisition in 2024.
Auditing November 13, 2024
"Audit Focus" intends to provide easy-to-digest information to auditors, with critical audit matters as the first topic in the series.