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Financial Reporting

riskmanagement1

Financial Reporting June 5, 2026 

Compliance Policies Need Tools Sophisticated Enough to Enforce Them

Your written supervisory procedures are more sophisticated than your supervision technology. For most firms, that gap is where the real compliance risk lives.

Jamie Hoyle

Featured Articles

June 4, 2026  

Oscilar Launches Agent Hub

June 4, 2026  

Expanded Section 4960 Rules Create New Financial Planning Challenges for Nonprofits

June 1, 2026  

Why Review Delays Are Becoming a Bigger Problem for CPA Firms

May 29, 2026  

Gartner Says CFOs Gain a Competitive Advantage From Strategic AI Deployment, Not AI Spending Levels

May 29, 2026  

Gartner Says CFOs Risk Falling Behind Without a Scalable AI Strategy
FASB Not-for-Profit Advisory Committee Meeting Recap

Accounting April 17, 2025 

FASB Not-for-Profit Advisory Committee Meeting Recap

The FASB Not-for-Profit (NFP) Advisory Committee (the Committee) held its semiannual meeting on Thursday, March 20, 2025. The topics discussed included the following.

Isaac M. O'Bannon

Some Texas and California Counties Now Have $200 Threshold for FinCEN Reporting

Accounting April 17, 2025 

Some Texas and California Counties Now Have $200 Threshold for FinCEN Reporting

Although cash transactions over $10,000 have long been reported under current law, now many transactions of as little as $200 will have to be reported in 30 ZIP Codes along the border with Mexico.

Sage and Wipfli Team Up for New Tech Innovations for Healthcare

Accounting April 16, 2025 

Sage and Wipfli Team Up for New Tech Innovations for Healthcare

Sage Intacct Clinical eProcurement and Sage Intacct EMRConnect were developed in partnership with Wipfli and are designed to address the unique needs of healthcare finance leaders.

Isaac M. O'Bannon

Auditors Once Feared AI Would Take Their Jobs, Now They Need it to Save the Profession

Accounting April 15, 2025 

Auditors Once Feared AI Would Take Their Jobs, Now They Need it to Save the Profession

The widespread growth of GenAI-powered tools for audit firms has made it possible to scale quickly. For firms that have not yet committed to adapting, however, the performance gap with firms that have will soon start to reveal itself.

Dave Wyle

Acumatica Product Update Focused on Performance, Resiliency and Growth

Accounting April 11, 2025 

Acumatica Product Update Focused on Performance, Resiliency and Growth

This latest update furthers Acumatica’s commitment to drive ERP modernization beyond strictly back-office functions to become a comprehensive strategic business platform.

Isaac M. O'Bannon

Vertex Adds Integration with Coupa for Total Spend Management Platform for SMBs

Financial Reporting April 9, 2025 

Vertex Adds Integration with Coupa for Total Spend Management Platform for SMBs

Customers benefit by extending the capabilities of their spend management platform and solve unique business challenges, while reducing the cost of third-party software integrations.

Isaac M. O'Bannon

69% of CEOs Say Tariffs Will Hurt Business: Survey

Financial Reporting April 9, 2025 

69% of CEOs Say Tariffs Will Hurt Business: Survey

Small and midsize business CEOs' confidence in the economy decreased significantly in Q1 2025, according to the latest CEO Confidence Index from CEO coaching and peer advisory organization Vistage.

Isaac M. O'Bannon

EY Invests $1B to Integrate AI into Accounting and Audit Platform

Financial Reporting April 9, 2025 

EY Invests $1B to Integrate AI into Accounting and Audit Platform

The capabilities include EYQ Assurance Knowledge, which uses generative AI (GenAI) to help with detailed searches and summarization of accounting and auditing content.

Isaac M. O'Bannon

Xero and Sumday Partner to Give Users 12 Months of Free Carbon Accounting Tools

Accounting April 4, 2025 

Xero and Sumday Partner to Give Users 12 Months of Free Carbon Accounting Tools

This offering also provides small businesses and their accounting and bookkeeping partners with valuable training, templates and resources to enhance their carbon accounting skills. 

Isaac M. O'Bannon

Solver Releases xFP&A Nonprofit Industry Solution Models to Meet Industry Challenges

Financial Reporting April 3, 2025 

Solver Releases xFP&A Nonprofit Industry Solution Models to Meet Industry Challenges

Solver, a cloud-based xFP&A (extended financial planning and analysis) software company, has launched a new solution designed to improve planning, reporting, consolidation, and analysis in nonprofit organization.

GASB Seeks Input on Disclosures for Severe Financial Stress and Probable Dissolution

Accounting March 31, 2025 

GASB Seeks Input on Disclosures for Severe Financial Stress and Probable Dissolution

The Governmental Accounting Standards Board issued a preliminary views document on March 31 regarding proposals associated with accounting and financial reporting for severe financial stress and probable dissolution disclosures.

Jason Bramwell

insightsoftware Announces Global Expansion of JustPerform Financial Platform

Accounting March 31, 2025 

insightsoftware Announces Global Expansion of JustPerform Financial Platform

The financial performance platform is now available in APAC, North America, the UK, and Ireland. (The company instentionally spells it's name in lower case.

Isaac M. O'Bannon

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