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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
Simplifying Bank Statement Conversions for Accountants

February 28, 2024  Sponsored

Simplifying Bank Statement Conversions for Accountants

Kiss manual data entry goodbye thanks to our leading bank statement conversion tool. It’s fast, secure, and simple to use. The bank statement converter that’s won the world’s heart!

FinQuery Launches FinQuery Contract Management to Transform Post-Signature Contract Management

Financial Reporting February 27, 2024 

FinQuery Launches FinQuery Contract Management to Transform Post-Signature Contract Management

FinQuery Contract Management offers a range of features to empower businesses with contract and spend intelligence:

Isaac M. O'Bannon

State of Accounting Workflow Automation Report Shows Challenges of Profession

Accounting February 6, 2024 

State of Accounting Workflow Automation Report Shows Challenges of Profession

A new report from Financial Cents that delves into the experiences and challenges faced by accounting, bookkeeping, and tax firm owners.

Isaac M. O'Bannon

electronic payments 1  55c4ba9a115cc

Accounting January 31, 2024 

Corporate Card Spending is Up, But Adoption of Expense Management Software Lags

Other findings show perennial expense management pain points such as laborious month-end closes, minimal user support and policy confusion reemerging YoY amidst a dynamic work landscape and increase in corporate travel.

Isaac M. O'Bannon

Financial-Data-and-Mag-Glass1

Accounting January 30, 2024 

Nearly 40% of CFOs Don’t Completely Trust Their Financial Data

When asked what would help their company respond to business disruption, CFOs said one of the most important factors would be the ability to access and analyze financial data in real time.

Isaac M. O'Bannon

FAF Redesigns FASB Website

Accounting January 23, 2024 

FAF Redesigns FASB Website

Revamped websites for the Financial Accounting Foundation and the GASB will also be going live in the coming weeks.

Jason Bramwell

ADM Stock Plunges After Placing CFO on Leave During Accounting Probe

Accounting January 22, 2024 

ADM Stock Plunges After Placing CFO on Leave During Accounting Probe

Vikram Luthar, who had been its CFO since 2022, was put on administrative leave and Ismael Roig will step in on an interim basis.

Revolutionizing Lease Accounting: Using Technology and Software to Streamline Business Efficiency

Accounting January 17, 2024 

Revolutionizing Lease Accounting: Using Technology and Software to Streamline Business Efficiency

At this crucial turning point, a shift from beloved spreadsheets to dedicated lease accounting software has become imperative.

wolters-kluwer-logo

Accounting January 4, 2024 

Wolters Kluwer Launches Beneficial Ownership Reporting Solution

The CTA requires that small businesses and entities subject to the new rule collect, document, and submit previously unreported beneficial ownership information (BOI) to the Financial Crimes Enforcement Network.

Isaac M. O'Bannon

AICPA_new 2019_1_.5b1fd9ff31925

Financial Reporting December 18, 2023 

AICPA Says EIN Process Takes Too Long

The AICPA is particularly concerned that, as a result of the new BOI reporting requirements, it will be very difficult, if not impossible in some cases, for entities to meet the 30-day filing deadline.

The Accounting Technology Lab Podcast – Beneficial Ownership Information Reporting – Dec. 2023

Accounting Technology Lab Podcast December 8, 2023 

The Accounting Technology Lab Podcast – Beneficial Ownership Information Reporting – Dec. 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss a new regulatory change coming in 2024, and what firms need to know and do for their clients.

Brian Tankersley, Randy Johnston

FASB Issues New Rules on Segment Reporting

Accounting November 27, 2023 

FASB Issues New Rules on Segment Reporting

The guidance will provide investors with additional useful information about a public company's segment expenses, the FASB says.

Jason Bramwell

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