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Financial Reporting

Group Audits: Why Complexity Persists and Why Judgment Still Matters Most

Auditing May 15, 2026 

Group Audits: Why Complexity Persists and Why Judgment Still Matters Most

Under new, risk-based standards, group auditors still face critical judgements about complex matters.

Navneet Sharma

Featured Articles

May 7, 2026  

CFOs Keep Moving on Growth, Despite Concerns on Iran and Inflation

April 28, 2026  

How the Best-Run Accounting Firms Measure Performance (Hint: It’s Not Just About Revenue)

April 28, 2026  

NetSuite Brings AI-Powered Speed and Precision to SuiteCloud Development

April 26, 2026  

MYCPE ONE Introduces Benchmarking Reports for CPA and Accounting Firms with AI-Powered Peer Comparison

April 23, 2026  

FASB OKs New Guidance on Paid-in-Kind Dividends
IASB Issues Revised Practice Statement on Management Commentary

Accounting Standards June 23, 2025 

IASB Issues Revised Practice Statement on Management Commentary

The revised Practice Statement supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.

Rightworks OneSpace Platform Wins 9 Badges in G2 Spring 2025 Reports

Accounting June 18, 2025 

Rightworks OneSpace Platform Wins 9 Badges in G2 Spring 2025 Reports

This recognition marks a milestone for Rightworks, as the company celebrates four years earning top honors in G2’s quarterly reports.

Isaac M. O'Bannon

AICPA Seeks Comment on Proposed Criteria for Stablecoin Controls

Accounting Standards June 16, 2025 

AICPA Seeks Comment on Proposed Criteria for Stablecoin Controls

The American Institute of CPAs (AICPA) is reinforcing its role as a leading voice in the treatment of digital assets by providing a framework for controls over stablecoins.

Isaac M. O'Bannon

Virtual Cards: A Game Changer for B2B Payments 

Small Business June 16, 2025 

Virtual Cards: A Game Changer for B2B Payments 

Payments remain one of the most overlooked levers for improving control, efficiency, and financial outcomes. Yet today, it's one of the easiest to modernize thanks to virtual cards.

Financial Cents Launches New Reporting Suite to Help Accounting Firms Operate Smarter and Scale Faster

Financial Reporting June 6, 2025 

Financial Cents Launches New Reporting Suite to Help Accounting Firms Operate Smarter and Scale Faster

These newly launched reports aim to help firm owners drive profitability, allocate resources effectively, and make better-informed business decisions.

Isaac M. O'Bannon

Business Executives’ Optimism About U.S. Economy Sinks as Recession Fears Loom, AICPA and CIMA Survey Finds

Financial Reporting June 5, 2025 

Business Executives’ Optimism About U.S. Economy Sinks as Recession Fears Loom, AICPA and CIMA Survey Finds

The survey polls chief executive officers, chief financial officers, controllers and other CPAs in U.S. companies who hold executive and senior management accounting roles.

Isaac M. O'Bannon

Smarsh Unveils Major Platform Innovations, Next-Gen AI and Robust APIs for Smarter Financial Oversight

Accounting June 4, 2025 

Smarsh Unveils Major Platform Innovations, Next-Gen AI and Robust APIs for Smarter Financial Oversight

Smarsh Capture provides compliance teams with enhanced tools to securely govern Microsoft 365 Copilot and significantly enhance productivity.

Isaac M. O'Bannon

Pivot Payables Announces Availability of its Accounting Automation Application on Amazon Business App

Financial Reporting June 3, 2025 

Pivot Payables Announces Availability of its Accounting Automation Application on Amazon Business App

This integration gives Amazon Business account holders the ability to issue scenario-based virtual credit cards directly within PivotLynx, enabling pre-approved purchases and eliminating the traditional post-purchase reconciliation process.

Isaac M. O'Bannon

paycheck-Pixabay-Shutterbeg75-g61aae17fc_1280

Financial Reporting June 3, 2025 

Checks are Surging Again and Causing Cash Flow Challenges

A 2025 AFP survey found that 91% of U.S. businesses still use checks, up from 75% the year before.

Sage Acquires Anvyl for Supply Chain Technology Solutions

Financial Reporting June 2, 2025 

Sage Acquires Anvyl for Supply Chain Technology Solutions

Anvyl’s end-to-end supply chain software will allow Sage to deliver a cost-effective Supply Chain Execution (SCE) solution that provides SMBs with complete visibility across their entire supply chains

Isaac M. O'Bannon

Sage Scales Embedded Services to North America and Europe

Accounting May 29, 2025 

Sage Scales Embedded Services to North America and Europe

Embedded Services aims to equip platform partners with capabilities that deepen customer engagement, drive loyalty, and unlock sustainable growth through enhanced user experiences.

Isaac M. O'Bannon

Media Agencies Turn to AI to Strengthen Financial Health and Cash Flow, AvidXchange Survey Reveals 

Accounting May 28, 2025 

Media Agencies Turn to AI to Strengthen Financial Health and Cash Flow, AvidXchange Survey Reveals 

Agencies cited revenue growth (92%), data protection (91%), and fraud prevention (88%) as vital to financial stability. Cash flow, improved invoicing, talent management, and operational efficiency also ranked as important contributors.

Isaac M. O'Bannon

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