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India Gives NBFCs Two Years To Adopt New Accounting Standards

PYMNTS

The Securities and Exchange Board of India will reportedly give non-bank financial companies (NBFCs) two years to adopt and implement changes to accounting standards, the Financial Express reported Wednesday (Sept. regulators have given small businesses more time than other firms to adopt the accounting standard changes.

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ChatGPT & The Accounting Industry: How Can AI Help Accountants?

Accounting Insight

As someone working in the accounting industry , I know first hand how important it is to keep your finger on the pulse and stay up to date with the latest accounting standards, regulations, and best practices. How Can AI Help Accountants? The post ChatGPT & The Accounting Industry: How Can AI Help Accountants?

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An Essential Guide to Accounting and Basic Accounting Principles for Beginners

Snyder

It can be hard to keep up with new opportunities and technologies in our rapidly changing and evolving world, especially in a professional field such as accounting. Why is accounting important? What are basic accounting principles? What is accounting software? Basic accounting and its secrets. Contents: 1.

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Best Accounting Blogs: Finding a Great Blog for Accountants

Snyder

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. So let’s begin our journey to the land of accountancy! Accountants, bookkeepers, and CPA’s.

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Why On-Time and Trustworthy Financials Are Vital to Your Business

GrowthForceBlog

7 min read Unless you are a bookkeeping and accounting professional, you likely didn't go into business with your heart set on financial reporting.

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Small Businesses’ Biggest Lease Accounting Pitfalls

PYMNTS

New lease accounting standards are in effect for publicly traded companies in the U.S. after the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) introduced changes to the way businesses account for their outstanding leases.

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Corporate Investors Irked By Lease Accounting Changes

PYMNTS

Chief financial officers are changing their views on how they assess corporate performance in light of changes to lease accounting rules coming into play. Companies including Orange, Deutsche Telekom and Air France have already notified investors that they are amending or changing performance metrics.

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