Accounting

January 23, 2019 

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 

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 

Particularly strong growth from tax (14.8%) and advisory (10.4%) service lines across the network.

January 22, 2019 

To help public and private companies adjust to FASB’s new lease accounting standard, Grant Thornton LLP has introduced a web-based application called LeaseCom Analytics (LCA). LCA combines advanced analytics and machine learning to automate the ...

January 22, 2019 

Among the numerous federal departments and agencies that have been affected by the shutdown, the Small Business Administration has been closed since December 22. This has strong negative effects for companies using its 7A Guaranteed Lending Program ...

January 21, 2019 

To be eligible for the award, students must have completed AICPA’s Accounting Program for Building the Profession: Advanced High School Accounting course (APBP). The course is part of an AICPA program that trains high school educators to teach ...

January 21, 2019 

TaxToken, a blockchain-as-a-service (BaaS) company that helps taxpayers streamline their personal cryptocurrency accounting, has announced its official company launch. TaxToken combines blockchain and artificial intelligence to automate much of the ...

January 21, 2019 

A study in the current issue of the journal may very well reinforce that inhibition. The research finds that the complicated ploys that often characterize aggressive tax-planning sow uncertainty and even confusion not just about companies’ taxes ...

January 21, 2019 

Prior to joining Bill.com, Chung held multiple positions within eBay - most recently, Chief Product Officer for eBay Korea, running engineering, product and UX/UI design teams for the country’s leading e-commerce platform. Before that, she ...

January 21, 2019 

This is an amazing time for smaller organizations and startups, especially those in the high tech and IT spaces. Big enterprises need their innovation, and eagerly purchase their wares. This trend isn’t going to end anytime soon either.

January 21, 2019 

Fishbowl now meets the tracking and inventory management needs of people and companies authorized to provide legal cannabis services and products among the increasing number of states who have legalized marijuana for medical or recreational use.

January 17, 2019 

The survey results eBook, to be released in May 2019, will continue to remain a free resource delivered to practicing accounting, tax and bookkeeping professionals who complete the survey.