Accounting

May 27, 2020 

Nearly four in ten Americans (37 percent) admit they do not have a good sense of how much recovering from a natural disaster would cost their family financially. And seven in ten (71 percent) say that such an event would have a major or moderate ...

May 27, 2020 

Suspect cures and price gouging on short supplies have become a game of Whac-A-Mole for state and federal regulators and some businesses during the pandemic.

May 27, 2020 

But just 14% of respondents said they expected their incomes to increase in the next six months, the smallest share since 2013. “Consumers remain concerned about their financial prospects,” Franco said.

May 26, 2020 

The long-held idea that credit cards encourage overspending isn’t necessarily false. A journal article by University of Toronto Researcher Dilip Soman found that those who have a history of using credit cards as a form of payment tend to overspend ...

May 26, 2020 

The annual report theme is “Standards That Work for Everyone.” It provides an outline of how the Financial Accounting Standards Boards (FASB) and the Governmental Accounting Standards Board (GASB) work together to obtain fresh ...

May 26, 2020 

This latest GET API will allow XCM customers to access their engagement task information, including key dates and acceptance detail, typically captured throughout the lifecycle of an audit engagement, used to create a number of unique reporting needs ...

May 26, 2020 

The Illinois CPA Society (ICPAS) is pleased to award $84,000 in scholarships to 43 accounting students as part of its Accounting Scholarship Program, which supports accounting students at Illinois colleges and universities who demonstrate strong ...

May 26, 2020 

Teampay’s platform eliminates the need for retroactive expense reports by providing finance teams with real-time visibility into spend across an organization, and enabling employees to request and get purchases approved instantly, directly in their ...

May 22, 2020 

Accounting Broker Acquisition Group has successfully promoted and negotiated hundreds of accounting practice acquisition transactions representing hundreds of millions of dollars in value for sole practitioners, small partnerships, and larger firms.

May 21, 2020 

The Mall of America, the largest U.S. shopping center, missed two months of payments for a $1.4 billion commercial mortgage-backed security, the latest sign of the devastating impact of pandemic-related shutdowns on the retail industry.

May 21, 2020 

With the COVID-19 pandemic impacting small businesses around the world, Xero has accelerated the rollout of the expanded reporting pilots and introduced new features so businesses and their advisors can quickly see crucial financial metrics and manage ...

May 21, 2020 

While the intent of the PPP was to create simplicity and security in uncertain times, an unintended effect of the statute and forgiveness application has been to complicate borrowers’ processes and create further questions.