Financial Reporting July 22, 2026
45% of CFOs Say Their AI Investments Lean Toward Productivity
Just 20% of finance AI projects lean towards decision quality, while 45% of AI investments in finance lean towards productivity.
Accounting August 19, 2024
Heightened PCAOB and SEC Enforcement Against Auditors Continues in H1 2024, According to Report
The PCAOB has already brought more actions in the first six months of the year than it did in each full year under its prior administration (2018–2021).
Accounting July 25, 2024
Uncertainty and Global Risks Outpace Risk Management Processes
Only a third (37%) say their organizations have complete enterprise risk management (ERM) processes in place, and just over a quarter (30%) rate their organizations overall risk management oversight as “mature” or “robust.”
Accounting July 23, 2024
FASB Aims to Improve Derivative Accounting
Investors, accounting firms, and other stakeholders have until Oct. 21 to provide comments to the FASB on the proposed ASU.
Accounting July 15, 2024
FASB Wraps Up Work on Its Conceptual Framework By Issuing Final Chapter
Chapter 6 of the framework, issued by the FASB on July 12, pertains to the measurement of items recognized in financial statements.
Accounting June 4, 2024
GASB Concludes Pension Standards Achieved Objectives
A post-implementation review of GASB 67 and GASB 68 found that the two standards, approved in 2012, met their goals.
Accounting May 30, 2024
Jury Finds Donald Trump Guilty of 34 Felony Charges in Hush Money Business Finance Case
A New York jury has found former President Donald J. Trump guilty of 34 counts of falsifying business expenses. The jurors had deliberated for about 10 hours over two days, after several weeks of trial in the Manhattan court of Judge Juan Merchan.
Financial Reporting May 28, 2024
GASB Issues Guidance to Improve Components of Government Financial Reports
GASB Statement No. 103, Financial Reporting Model Improvements, builds on Statement 34 by providing key targeted improvements to the financial reporting model.
Financial Reporting April 22, 2024
Survey Shows Divide Among Finance Pros When it Comes to the Future of Finance
60% of accounting and finance professionals surveyed say they identify as finance business partners, and 84% of those are extremely optimistic about the future of the profession.
Financial Reporting April 20, 2024
Uncat Launches Uncat Receipts for Expense Management
Clients can submit receipts via web, email, or text message, providing flexibility and convenience.
Accounting April 8, 2024
CPA Societies Concerned by Push to Implement BOI Reporting
The AICPA and state CPA societies are urging FinCEN to suspend all enforcement actions until one year after the conclusion of all court cases related to NSBA v. Yellen.
Financial Reporting March 27, 2024
First Invoice Sent and Received Over the U.S. Digital Business Networks Alliance Open Exchange Network
The transaction was executed from Avalara's E-Invoicing and Live Reporting solution leveraging the DBNAlliance Exchange Framework for message transfer, process descriptions, and document content exchange.
Financial Reporting March 27, 2024
Does Your Firm Have Trust Issues with its Data?
In the realm of financial reporting, data accuracy is crucial to regulatory compliance and complete visibility into business performance.