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.
May 4, 2015
Guide Helps Firms Comply with New Accounting Standard
Thomson Reuters has introduced PPC’s Guide to SSARS Preparation Engagements in response to the new financial statement preparation service introduced by the Accounting and Review Services Committee of the AICPA.
April 29, 2015
FASB Proposes Changes to Not-for-Profit Financial Statements
The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) intended to improve the information provided in not-for-profit financial statements and notes to financial statements. Stakeholders are encouraged to review and comment on the proposed ASU, Presentation of Financial Statements of Not-for-Profit Entities, by August 20, 2015. “The proposed ASU contains...…
April 23, 2015
How Financials in the Cloud Are Affecting the Bottom Line for Businesses
More than ever, companies both big and small are finding success moving financial management to the cloud. This shift indicates that organizations are working to become more accessible and responsive in the ever-changing world of finance and accounting.
April 14, 2015
SAP Offers Solution for New Accounting and Reveue Recognition Standards
SAP SE has released the SAP Revenue Accounting and Reporting application, which specifically addresses both requirements derived from this new accounting standard as well as generic and existing requirements related to revenue recognition across various
April 7, 2015
Host Analytics Launches Cloud-Based Financial Modeling System
Modeling Cloud provides a bridge between operational and financial planning processes to help companies drive better organizational alignment and achieve greater business agility.
April 6, 2015
Most Americans Want Nonprofits to Have Better Financial Management
Four in five Americans believe not-for-profit employees should be exposed to the same training as finance professionals at other businesses
March 27, 2015
Shareholder Participation Improves Quality of Corporate Financial Reporting
The paper, titled “External Corporate Governance and Misreporting,” analyzed external governance provisions, specifically those provisions that limit direct shareholder participation in the governance process. The researchers found that fewer ...
March 23, 2015
83% of U.S. Finance Execs Predict Economy Will Expand
The U.S. is expected to continue its recovery from the global recession, but it may not have as much company, according to a new study from American Express and CFO Research.
March 11, 2015
Study Shows Top Concerns for CFOs
What keeps CFOs awake at night? In addition to keeping a close eye on key performance indicators such as capital expenditures and taxes, many cite less-expected concerns such as infectious diseases, severe weather and global political unrest, all of which
March 10, 2015
SEC Adopts 2015 GAAP Financial Reporting Taxonomy
The U.S. Securities and Exchange Commission (SEC) has adopted the 2015 GAAP Financial Reporting Taxonomy, the agency reported on Monday. The 2015 GAAP Taxonomy is available online.
February 25, 2015
AICPA Comments on FASB Disclosure Requirements Exposure Draft
In a February 23 letter, FinREC Chairman Jim Dolinar and AICPA Investment Companies Expert Panel Chairman Brent Oswald expressed support for the FASB’s effort to provide consistency and transparency through alignment of disclosure and ...
February 18, 2015
FASB Issues Standards Update for Consolidation Guidance
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and ...