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Inside GASB's far-reaching agenda

Accounting Today

Some examples include a statement of net position, a note disclosure on significant accounting policies, and management discussion and analysis. GASB has formed a Voluntary Digital Financial Reporting Taxonomy Consultative Group to provide advice from a group of experts.

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Beyond the bottom line: How FinOps turns finance leaders into innovation drivers

Accounting Insight

Enter FinOps (Financial Operations) a cloud financial management discipline that helps businesses maximise the value of their cloud investments. It brings together finance, IT, and business teams to align financial accountability with operational efficiency.

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Monday Morning Accounting News Brief: PwC Consolation Prizes; Al Pacino’s Accountant Ripped Him Off | 10.21.24

Going Concern

Financial reporting data has become extremely structured and repeatable across all enterprises because it’s guided by the standards set out through generally accepted accounting principles (GAAP), which are governed by the Financial Accounting Standards Board (FASB). Everybody measures the same things, in the same way.

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Tech Startup Accounting Insights From A Y Combinator Company

inDinero Tax Tips

But, as a Y Combinator funded company and referral partner, weve noticed a pattern: promising startups regularly fail because of poor financial management. In this article, well explore the essentials of tech startup accounting, including best practices, common mistakes, and the accounting software we think will make your life easier.

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Friday Footnotes: PwC Completes Its Punishment; Hybrid Work Should Stay in 2025; Deloitte Clutters Up the Dark Web | 1.3.25

Going Concern

The series is called Journeys of Accountancy and features accountants who, for example, work for a CPA firm specializing in the legalized cannabis industry in California, an accounting software company that serves the funeral industry, and a company that provides compliance services to the gaming industry.

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On the move: RRBB adds partner

Accounting Today

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan.

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Tax Fraud Blotter: Getting personal

Accounting Today

He concealed his financial accounts from the IRS, transferring funds from accounts he owned to accounts in only his spouses name, filing false court documents to terminate federal tax liens against his property and lying to IRS investigators. On these returns, Edwards admitted that he owed more than $2.5

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