Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
January 28, 2019
Venture Capital Investment in U.S. Hits Record $41.8 Billion in Q4 2018
The top 10 U.S. deals in the quarter accounted for more than $18 billion, including the mammoth $12.8 billion private investment in electronic smoking device maker Juul and a $1.25 billion raise by entertainment software Epic Games.
January 28, 2019
Superbowl Watch Parties: Americans Expected to Spend $14.8 Billion
The average spending is virtually unchanged from last year’s $81.17 and is the second-highest in the history of the survey after a record of $82.19 set in 2016. The total amount is down from last year’s $15.3 billion, primarily because fewer people ...
January 27, 2019
U.S. Financial Satisfaction Drops for the First Time in 2 Years
Market volatility has taken a bite out of Americans’ personal financial satisfaction. With a reading of 30.9, the AICPA’s Q4 2018 Personal Financial Satisfaction Index (PFSi) declined for the first time in seven quarters, ending its five-quarter run ...
January 27, 2019
Avalara Now Offers Over 700 Integrations Into Business Applications
Avalara, Inc. now offers more than 700 prebuilt integrations into business applications across accounting, ERP, ecommerce, point-of-sale, mobile commerce, and CRM software. For businesses competing in an omnichannel marketplace, these integrations ...
January 24, 2019
Maryland CPAs Converge on State Capitol to Press Legislators
Maryland Lt. Gov. Boyd Rutherford also made a brief appearance at the event, telling attendees that the state’s improving economy means more businesses are launching in or moving to Maryland as a result — and that’s good news for the state’s CPAs.
January 23, 2019
Avalara Expands into Alcoholic Beverage Compliance
The regulatory maze governing the production, distribution, and sale of beverage alcohol is complex and therefore represents a significant burden to businesses. Since Compli was established in 1997, it has earned a reputation as a leading supplier of ...
January 23, 2019
No More Hitting the Snooze Button on Revenue Recognition
Public entities are well underway with adoption of the new revenue recognition standard, as the new guidance is effective for interim and annual periods in 2018. Private companies still have some time as the guidance is effective in 2019 for annual ...
January 23, 2019
5 Ways to Fail a Sales Tax Audit
All businesses relish a good sales tax audit. After all, what’s not to like? And did you know it’s possible to spend more time, money, and resources than absolutely necessary during an audit? It’s true. Simply follow the five tips below and you’ll ...
January 23, 2019
IFRS Foundation Updates the IFRS Taxonomy Preparer’s Guide
The IFRS Foundation has published an updated guide to using the IFRS Taxonomy, to help companies with the electronic tagging of their financial statements. The IFRS Taxonomy facilitates the creation and use of IFRS financial statements in an electronic format by defining specific codes, or elements, that companies can use to tag information. Such tagged...…
January 23, 2019
GASB Issues Proposed Implementation Guide on Fiduciary Activities
The Governmental Accounting Standards Board (GASB) has issued a proposed Implementation Guide that contains questions and answers about the GASB’s new standards on accounting and financial reporting for fiduciary activities.
January 23, 2019
FASB Issues Staff Q&A Document on Estimating Credit Loss Reserves
The credit losses standard issued in 2016 requires organizations to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts with ...
January 23, 2019
Grant Thornton Sees Record Revenues of $5.45 Billion
Particularly strong growth from tax (14.8%) and advisory (10.4%) service lines across the network.