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.
Financial Reporting November 25, 2024
CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps
The Consumer Financial Protection Bureau (CFPB) has finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps.
Accounting November 19, 2024
FASB Looks to Add New Guidance on How Businesses Account For Government Grants
The proposal would establish rules on the recognition, measurement, and presentation of a government grant received by a business.
Financial Reporting November 15, 2024
AICPA Has Grave Concerns with BOI Reporting Requirement Timeline
According to the AICPA, there is a worrisome lack of awareness surrounding the reporting requirements for BOI and they have raised these concerns about the complexities around the rule with FinCEN.
Accounting November 15, 2024
Survey Shows Half of Organizations Are Lagging in Tax and Finance Automation
Challenges such as a lack of IT support (34%), budget constraints (31%) and talent shortages (28%) are cited as the main barriers to transformation.
Financial Reporting November 15, 2024
Payhawk Adds Integration with Mastercard Transaction Notifications for Spend Management
Additionally, financial controllers can monitor, and control card purchases for compliance and set up policies for supported merchants and categories.
Accounting November 14, 2024
FASB Seeks Comment on Financial KPIs
An invitation to comment was issued on Nov. 14 as part of the FASB's research project on financial KPIs for business entities.
Accounting November 13, 2024
FASB Rolls Out Plan to Improve Interim Reporting Guidance
A proposal issued on Nov. 13 is intended to provide stakeholders some clarity on the current interim reporting requirements.
Small Business November 13, 2024
SaaS is Up, Ads Are Down and OpenAI Purchases Grow by 600%
The survey found that while broader economic conditions may not seem favorable to consumers, employees are continuing to rely on these tools to do their jobs, even going so far as to pay out of pocket for what they need and submitting them for reimbursement.
Accounting November 4, 2024
FASB Adds Standard on Income Statement Expenses
The FASB listened to investor requests by requiring public companies to disclose more information about certain expenses.
Accounting Technology Lab Podcast November 1, 2024
Review of Syft Analytics – The Accounting Technology Lab Podcast – Oct. 2024
Hosts Brian Tankersley, CPA, and Randy Johnston review Syft Analytics, which lets professionals generate everything from reports through integrated forecasts and consolidations, to make better business decisions with their financial data.
Accounting October 31, 2024
Accounts for Federal Contracting Compliance: Key Requirements and Recommendations
Here are some insights to consider when developing and organizing a government contractor's chart of accounts.
Accounting October 29, 2024
FASB Tackles Plans to Update Software Cost Accounting Guidance
The updated rules would enhance the transparency of an entity's cash flows related to internal-use software costs, the FASB says.