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.
August 6, 2017
FASB Proposes Improvements to Not-for-Profit Accounting for Grants and Contributions
The proposed ASU helps organizations decide if transactions should be accounted for as a contribution or an exchange. Organizations would accomplish this by using clarifying guidance to evaluate whether a resource provider is receiving value in ...
August 3, 2017
Three Characteristics of Higher-Quality Single Audits
The single audit is a rigorous, organization-wide financial and compliance audit of an entity that expends $750,000 or more of federal assistance (e.g., awards, grants, loans and loan guarantees).
August 2, 2017
Accounting and Tax Firms Top List of Most Profitable Industries
This year, accounting-related services (accounting, tax preparation, bookkeeping and payroll service companies) are the highest ranking, with net profits amounting to 18.4 percent of sales, on average for the 12 months ended June 30th, 2017.
August 1, 2017
Research Reveals Predictive and Prescriptive Analytics Best Practices
New research shows how companies can best incorporate advanced analytics into their business planning process. When integrated with traditional legacy data trends and analysis, predictive and prescriptive analytics enable holistic business plans ...
August 1, 2017
ICPAS Member Joshua Lance Selected for 2017 AICPA Leadership Academy
The Illinois CPA Society (ICPAS) has announced that Joshua Lance, CPA, CGMA and ICPAS member, has been selected as one of only 38 nationwide participants in the American Institute of Certified Public Accountants (AICPA) 2017 Leadership Academy.
August 1, 2017
CFPB Warns Companies Against Tricking Consumers Into Pay-By-Phone Fees
Most financial service companies give consumers several options to make payments. Some consumers may choose to pay bills by phone using an automated system or speaking with a live customer representative. Companies may charge different pay-by-phone ...
August 1, 2017
CEO Outlook Shows How Innovation Comes of Age
According to KPMG’s 2017 CEO Outlook, 57 percent of U.S.-based CEOs revealed they lack sufficient processes to sense disruption in their respective markets. From startups and new competitors to emerging technologies to shifts in political, regulatory ...
August 1, 2017
Should Your Business Be Worried About Cyber Crime?
Cyber crime is more prevalent in healthcare than any other industry. Scott Mariani, Practice Leader of Withum’s Healthcare Services group, discusses the impact of cyber crime in the healthcare industry and how Withum can help. For more on Scott, please visit https://www.withum.com/partner/scott-j-mariani/
August 1, 2017
Michael Bloomberg Speaks on SASB
Michael Bloomberg, Founder of Bloomberg LP and Chair of the SASB Board, speaks on the need for standardized sustainability disclosure.
August 1, 2017
Accounting Execs Concerned About New Lease Standards
A year and a half after the issuance of the Financial Accounting Standards Board’s (FASB) and International Accounting Standards Board’s (IASB) respective new lease accounting standards and a year and a half before compliance begins for U.S.-based ...
August 1, 2017
Free Accounting Education Platform Integrates CPA Exam Materials Into Coursework
Research indicates that while the volume of accounting graduates has reached a record high, the number of new candidates and exam sections taken annually remains flat. The ACT platform is designed to provide accounting students early exposure to the ...
August 1, 2017
BDO Partners with AI Firm MindBridge for Audit
BDO and MindBridge Analytics Inc., have formed a strategic relationship augmenting BDO’s existing data analytics and global forensics capabilities through the use of the MindBridge Artificial Intelligence platform. MindBridge’s AI technology enables ...