GASB_logo_0_1_.5474ba8bd3dda

July 16, 2017 

GASB Sets Single Approach for Lease Financial Reporting

The Governmental Accounting Standards Board (GASB) has issued guidance that establishes a single approach to accounting for and reporting leases by state and local governments. This single approach is based on the principle that leases are ...

 KPMG and Microsoft Partner for Digital Solutions and Audit

July 10, 2017 

KPMG and Microsoft Partner for Digital Solutions and Audit

KPMG International and Microsoft have announced two important strategic initiatives that will expand the scope of their global alliance: providing clients with a portfolio of digital solutions, and enabling KPMG's smart audit platform, KPMG Clara ...

Financial_apps_tablet_55d62086ab656

June 27, 2017 

Businesses Expect New Challenges on Lease Accounting

Most companies anticipate challenges to operationalize the required changes to comply with the new lease accounting standard, which will bring onto the balance sheet operating leases for assets such as real estate and transportation, IT and ...

intacct 54f4ab2603f8a

June 27, 2017 

Intacct and OANDA Extend Partnership

Intacct and OANDA have extended their partnership on foreign exchange data services. The terms of the new agreement renew the trust in OANDA’s Exchange Rates API and solidify the OANDA Exchange Rates as the default rates in the Intacct cloud ERP system.

 Public Company CPAs Alliance Formed

June 27, 2017 

Public Company CPAs Alliance Formed

The accounting firm Thayer O’Neal Company, LLC of Houston, Texas has banded together with three other firms to form the basis of the Public Company CPAs Alliance (PCA). PCA is a nationwide network of CPA firms devoted to serving small and medium sized...

SOC2 Logo Revised 3  591b2ae4dbc8a

June 27, 2017 

June 2017 Accounting & Audit Channel

A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...

Mark Hurst

landing page 592c3ca684c3f

June 22, 2017 

Intuit Rolls Out Enhanced Reconcile

Intuit recently launched a new Reconcile experience within QuickBooks Online, allowing users to reconcile their bank transactions with a few clicks and improving workflow for small businesses and their accountants.

Firm Automation

June 20, 2017 

Unraveling the Late Payment Challenge Through Automation

Businesses across all industries work with multiple partners, vendors and suppliers to support the need to serve customers. One-third of the businesses in the United States, Canada, Mexico and Brazil report that 20 percent of their client invoices value is more than 90 days overdue, according to the Payment Practices Barometer Americas. [1] Late payments...…

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June 19, 2017 

2017 Review of Chrome River

Chrome River Mercury is the latest version of Chrome River’s expense management application that is well suited for larger businesses and global organizations. Along with expense management, Chrome River also offers Invoicing, Auditing, and ...

Mary Girsch-Bock