Accounting

March 5, 2020 

Work to adopt the mandatory Governmental Accounting Standards Board (GASB) lease accounting standard (GASB 87) has not begun for half of those employed in state and local governments (51.4%) and public higher education institutions (50%), per a ...

March 5, 2020 

66 percent of U.S. business owners at this early stage say they are prepared should the virus become widespread. That's according to new research from Paychex, a leading provider of human resources, payroll, benefits, and insurance solutions.

March 5, 2020 

The Readers' Choice Awards give our readers the opportunity to help shine a spotlight on the technologies, services and vendors they use and trust — the ones that help them succeed in their profession, and those that they find valuable for their clients.

March 5, 2020 

Invoiced, an accounts receivable automation platform, and CollBox, a bookkeeping-integrated application that lets businesses collect on past due invoices, have announced a new integration that makes it virtually effortless to transmit overdue invoices to CollBox’s network of vetted collection agencies. While most Invoiced customers are able to get paid faster and significantly reduce bad debt,...…

March 5, 2020 

There were also signs of worry from bankers about increased competition from the fintech sector. More than three-fourths (76%) of bank respondents said they fear new payment and money transfer platforms, like ApplePay, PayPal, Stripe, and Venmo, ...

March 5, 2020 

Business executives’ outlook for the U.S. economy rose sharply in the past quarter, but concern is clearly growing about the potential global fallout from the spread of coronavirus, according to the first-quarter AICPA Economic Outlook Survey.

March 4, 2020 

Falling victim to fraud is much more likely to have a substantial emotional impact (68 percent) on the elderly than a substantial financial impact (32 percent). And phone and internet scams top the list of ways financial fraud is perpetrated against ...

March 4, 2020 

As part of an initiative called Net Zero @ Xero - announced in November 2019, Xero has now invested in carbon offset projects by purchasing carbon credits across three separate projects which are recognised under international standards.

March 4, 2020 

The cannabis industry is expected to see an increase in sales up to 374% until 2023. In only three years, a rise in demand for CBD-products will most likely result in a turnover of $23.7 billion in the United States.

March 4, 2020 

CFOs are Seeking Innovative Ways to Bring in New Revenue – Accomplishing more with the same or fewer resources is the highest priority challenge (18%) facing finance teams in 2020. Finance professionals are addressing this challenge by identifying ways to drive higher revenue through new products or services and reducing operating costs or capital investments...…

March 4, 2020 

As a founder who has spent most of my career in financial services, I intimately know the unnecessary hurdles that small business owners face when it comes to banking. Whether you’re trying to open a bank account, send payments and transfers, or simply separate your business and personal finances without incurring costly fees, almost everything...…

March 4, 2020 

Many state and local governments and some public higher ed institutions must comply by putting all leased assets on their balance sheets in 2020.