Financial Reporting
Latest News
Three Whistleblowers Will Share One of the Largest Awards Ever Given By the IRS
[CPE] Balancing Automation and Personal Connection in this Digital Era
2024 Innovation Awards Roundup – The Accounting Technology Lab Podcast – Sept. 2024
NetSuite Announces New Enhancements to Help Businesses with Efficiency and Growth
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.
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.
FloQast Adds Advanced Reconciliation Management Automation Capabilities
Companies can now avoid the month-end rush and achieve greater reconciliation accuracy by minimizing manual matching and data gathering.
2024 GAAP Taxonomy Approved By SEC
The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.
New FASB Standard Clarifies Guidance on Profits Interest Awards
ASU helps companies determine whether these types of awards should be accounted for as share-based payment arrangements.
ADM Seeks to Reassure Investors Amid Accounting Probe
During an earnings call, the company's CEO said the internal problems have not torpedoed the overall financial picture.
Corporate Transparency Act and BOI Found Unconstitutional by Federal Court
A federal district court in Alabama has found the Corporate Transparency Act, which includes the controversial Beneficial Ownership Information reporting requirements, to be unconstitutional.
New SEC Climate Rule Gets a Thumbs Up From the AICPA
The rule “moves us closer to the high-quality reporting that investors, lenders, and other stakeholders require,” the AICPA and CIMA said.