Accounting

October 9, 2018 

A company has had a good year, and wants to make sure investors know it. In the press release reporting its annual results, the headline announces “earnings per share up 16.5%,” which is a record. What could be more natural for a firm than to headline this impressive earnings number? Natural it may be. But,...…

October 9, 2018 

New rules more than a decade in the making will “bring leases to balance sheet,” marking a major change in how companies have historically accounted for leases.

October 9, 2018 

While 2017’s Tax Cuts and Job Act (Act) passed Congress on December 22, 2017, many entities are continuing to assess the Act’s impact on their income taxes not only on a going forward basis but also on the deferred tax amounts which they had recorded at that date. Recently issued and forthcoming Internal Revenue Service...…

October 9, 2018 

The accelerator, launched last year, focuses on early-stage companies in two categories: technology and financial information, and professional competency innovation. Successful applicants can tap the expertise and insight of senior leadership and ...

October 9, 2018 

Cortex is a cloud-based data platform that harnesses the power of data by securely and seamlessly integrating data acquisition with data preparation and analytics. Combining advanced technology with business processes, Cortex can generate meaningful ...

October 8, 2018 

The Business Planning Cloud’s powerful engine ensures users can model their workforce with virtually no limits—on dimensions, dimension values, or number of scenarios. Self-service reporting and dashboard capabilities enable finance, HR, and business ...

October 8, 2018 

In this fiercely competitive economic climate, companies are increasingly aware of the importance of managing and reporting on their financial, social and environmental risks and opportunities – often referred to as the triple bottom line.

October 8, 2018 

Making a difference in their local communities was the main mission for accounting and financial professionals who participated in The Illinois CPA Society’s 9th annual CPA Day of Service on Friday, September 28th. A record total of 1,474 volunteers ...

October 8, 2018 

Late payments can be catastrophic: In the U.S. more than 100,000 small businesses close down every year because of delayed invoices. For freelancers and microbusinesses, late payments can be even more painful.

October 8, 2018 

The American Institute of CPAs (AICPA) has announced the four recipients of the 2018-19 AICPA/Accountemps Scholarship Award. The recipients were selected for their leadership skills from more than 580 talented undergraduate and graduate students ...

October 1, 2018 

As we enter the beginning of Fall, accountants everywhere are preparing to navigate the upcoming budget and forecasting season. The fast pace and extended hours can be difficult even for the most seasoned accountants. To get ahead, employees should be ...

October 1, 2018 

As cybercrime becomes increasingly sophisticated, security breaches at major corporations around the world are becoming quite commonplace. Just last year, the private information of 143 million Equifax consumers was compromised.[1] And if a major corporation cannot protect its information, how does a small or mid-sized corporation stand a chance? Most modern organizations, whether large or...…