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Financial Reporting

riskmanagement1

Financial Reporting June 5, 2026 

Compliance Policies Need Tools Sophisticated Enough to Enforce Them

Your written supervisory procedures are more sophisticated than your supervision technology. For most firms, that gap is where the real compliance risk lives.

Jamie Hoyle

Featured Articles

June 4, 2026  

Oscilar Launches Agent Hub

June 4, 2026  

Expanded Section 4960 Rules Create New Financial Planning Challenges for Nonprofits

June 1, 2026  

Why Review Delays Are Becoming a Bigger Problem for CPA Firms

May 29, 2026  

Gartner Says CFOs Gain a Competitive Advantage From Strategic AI Deployment, Not AI Spending Levels

May 29, 2026  

Gartner Says CFOs Risk Falling Behind Without a Scalable AI Strategy
Online Payment keyboard button

Small Business December 15, 2025 

Three Practical A/R Improvements That Help Businesses Get Paid Faster

One of the simplest changes a business can make is to invoice as soon as work is delivered rather than waiting for a weekly or end-of-cycle batch.

FASB Posts New Standard to Improve Interim Reporting

Accounting Standards December 8, 2025 

FASB Posts New Standard to Improve Interim Reporting

The Financial Accounting Standards Board issued a new Accounting Standards Update on Dec. 8 that the board said improves the navigability of the required interim reporting disclosures and clarifies when that guidance is applicable.

Jason Bramwell

FASB Adds Guidance to GAAP on Accounting for Government Grants by Businesses

Accounting Standards December 4, 2025 

FASB Adds Guidance to GAAP on Accounting for Government Grants by Businesses

A new Accounting Standards Update published by the Financial Accounting Standards Board on Dec. 4 establishes authoritative guidance on the accounting for government grants received by business entities.

Jason Bramwell

Finance Pros Still Uncertain About Reliability of AI

Financial Reporting November 26, 2025 

Finance Pros Still Uncertain About Reliability of AI

Nearly one in five finance professionals (17%) cite limited time or resources to learn new tools as the top roadblocks to AI adoption. Another 21% hesitate to use AI due to concerns around data accuracy and privacy.

Isaac M. O'Bannon

FASB Releases New Standard Clarifying Certain Aspects of Hedge Accounting Guidance

Accounting Standards November 25, 2025 

FASB Releases New Standard Clarifying Certain Aspects of Hedge Accounting Guidance

The Financial Accounting Standards Board says the ASU published on Nov. 25 also addresses several incremental hedge accounting issues arising from the global reference rate reform initiative.

Jason Bramwell

FASB Says Certain Costs of Leases Standard Were Significantly Higher Than Expected

Accounting November 20, 2025 

FASB Says Certain Costs of Leases Standard Were Significantly Higher Than Expected

A post-implementation review report on the standard says that while it achieved its overall objective, the initial costs to implement the lessee requirements along with the ongoing costs to apply those requirements "were significantly higher than the FASB expected at issuance."

Jason Bramwell

Extend Brings Universal Expense Management to the SMB Market

Financial Reporting November 20, 2025 

Extend Brings Universal Expense Management to the SMB Market

Extend’s expanded functionality gives small and mid-sized businesses, in particular, an easier path to modern, AI-powered expense management.

riskmanagement-100041109-large_11143534

Financial Reporting November 19, 2025 

Report Says Internal Audit Profession Requires ‘Superhuman’ Skills to Survive Era of Hypervolatility

The survey of 213 global internal audit leaders shows the profession is being challenged by three converging forces: persistently tight resources, the rise of AI, and a demand for role redefinition.

Isaac M. O'Bannon

AuditBoard Launches Scenario Planning to Arm Enterprises with Data-Driven Risk Foresight

Financial Reporting November 18, 2025 

AuditBoard Launches Scenario Planning to Arm Enterprises with Data-Driven Risk Foresight

Scenario Planning is designed to empower executive leaders and risk teams to shift their focus from reactive reporting to proactive anticipation.

U.S. Bank Partners with Kyriba for Forecasting and Cashflow Management

Financial Reporting November 18, 2025 

U.S. Bank Partners with Kyriba for Forecasting and Cashflow Management

U.S. Bank has introduced a cash forecasting tool with Kyriba to help businesses gain real-time visibility and control over their cash and liquidity positions. 

FASB Updates Accounting Guidance for Purchased Loans

Accounting Standards November 13, 2025 

FASB Updates Accounting Guidance for Purchased Loans

The Financial Accounting Standards Board issued an update to accounting standards on Nov. 12 that it says improves the accounting for purchased loans.

Jason Bramwell

CFOs and Spend Management: From Stewardship to Orchestration

Financial Reporting November 7, 2025 

CFOs and Spend Management: From Stewardship to Orchestration

With a financial orchestration mindset–and the tools to pull it off–CFOs move from stewardship over finances to actually steering finances.

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