PYMNTS

NOVEMBER 8, 2019

LeaseQuery , which is one of the largest providers of lease accounting software, said that it has received an investment from Goldman Sachs’ Merchant Banking Division, to the tune of $40 million in Series A funding. Here in the U.S.,

B2B 40

B2B Technology accounting standards accounting software 40

PYMNTS

APRIL 29, 2020

Accounts receivable at many businesses continue[s] to grow as their customers hold onto cash,” Jason Brodmerkel, CPA, AICPA senior manager, Accounting Standards, said in the announcement. Providing liquidity for accounts receivable would help encourage growth and investments in business.”.

Finance 57

Finance cpas accounting standards B2B 57

ThomsonReuters

APRIL 6, 2023

GAAP for accounts payable and receivable The Generally Accepted Accounting Principles (GAAP) are a set of rules specific to the United States that are designed to provide oversight for accounting practices. Is invoicing accounts payable or receivable?

accounts payable 52

accounts payable Account accountant accounted 52

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

cpas 60

cpas CPA Technology accounting standards 60

PYMNTS

JUNE 10, 2019

Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.

cpas 51

cpas California Account accountant 51

PYMNTS

OCTOBER 26, 2018

Amid reports this week that changes to accounting standards are coming over the next few weeks, the Securities and Exchange Commission (SEC) has said that financial professionals, including accountants, must be mindful of cybersecurity risks.

international accounting standards 49

international accounting standards Washington accounting standards Construction 49

PYMNTS

AUGUST 15, 2019

Enterprise lease accounting software company LeaseAccelerator is teaming up with Clearlink Partners to help joint clients ease the administrative burden of complying with changes in lease accounting standards. The companies announced their partnership in a press release issued Wednesday (Aug.

Account 40

Account accountant accounted accounting standards 40

PYMNTS

JANUARY 2, 2020

The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., It also provides a new standard for companies that struggle with the implementation of the technology, according to a report by Compliance Week. The new information was released in Accounting Standards Update No.

Account 58

Account accountant accounted accounting standards 58

PYMNTS

JUNE 6, 2019

Changes in lease accounting standards have led top retailers and restaurant chains in the U.S. The lease accounting standard overhauls, led by the Securities and Exchange Commission (SEC), change the way companies report their lease commitments.

Account 43

Account accountant accounted accounting standards 43

CPA Practice

OCTOBER 20, 2023

He has served on the boards of the SASB Foundation and the Value Reporting Foundation, and as a member of the IFRS Advisory Council and the US Financial Accounting Standards Advisory Council. During his career, Mr Bless has had responsibility for financial, regulatory and sustainability reporting.

Washington 52

Washington cpas accounting and finance audit 52

CPA Practice

OCTOBER 19, 2023

He has served on the boards of the SASB Foundation and the Value Reporting Foundation, and as a member of the IFRS Advisory Council and the US Financial Accounting Standards Advisory Council. During his career, Mr Bless has had responsibility for financial, regulatory and sustainability reporting.

Washington 52

Washington cpas accounting and finance audit 52

PYMNTS

FEBRUARY 14, 2019

Along with regulatory action from tax reform and tougher Know Your Customer (KYC) rules adding the pressure of complex red tape, public companies need to add one more compliance concern to their list: changes to accounting standards by the Financial Accounting Standards Board (FASB). “In many ways, they are.”

accounting standards 46

accounting standards accounting and finance Finance accounting software 46

PYMNTS

JANUARY 30, 2020

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.

Account 40

Account accountant accounted accounting standards 40

PYMNTS

MARCH 6, 2019

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. In the U.K., In the U.S., But researchers warn that corporates continue to find ways to hide the bad news.

Finance 55

Finance accounting standards accounting principles accounting and finance 55

PYMNTS

MAY 3, 2019

The International Accounting Standards Board established the new lease accounting rules because previous lease accounting practices limited investor and analyst visibility into company finances without leases included on the balance sheet, reports explained.

Account 49

Account accountant accounted international accounting standards 49

PYMNTS

JANUARY 2, 2020

The Big Four auditing firms have also recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are considered debt.

Technology 71

Technology auditor accounting and finance accounting standards 71

PYMNTS

OCTOBER 25, 2019

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct.

Finance 40

Finance accounting and finance top accounting firms financial statements 40

PYMNTS

OCTOBER 11, 2018

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements.

Account 49

Account accountant accounted financial statements 49

PYMNTS

DECEMBER 16, 2016

This is especially true when multinationals must reconcile data across different accounting standards, such as GAAP and IFRS. Thus, the report concluded, firms would benefit from what is known as continuous accounting, where traditional month-end processes would be accelerated to occur more often and more rapidly.

Technology 74

Technology accounting and finance accounting standards accounting software 74

PYMNTS

JULY 6, 2018

Directors and preparers should ensure that they understand the impact of new accounting standards and have systems and processes in place to support reporting under these new standards.”. The new rules, reports explained, fall under AASB 15 and AASB 9 regulations.

Account 41

Account accountant accounted audit 41

PYMNTS

JANUARY 2, 2020

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances.

auditor 52

auditor accounting and finance audit Finance 52

PYMNTS

JULY 13, 2018

The nation’s Financial Services Commission (FSC) has referred the case to prosecutors, reports said , after finding that the contract drug manufacturing unit violated accounting regulations in regards to its joint venture with Biogen. The joint venture, Samsung Bioepis , was not disclosed to the FSC, reports said.

Account 40

Account accountant accounted audit 40

PYMNTS

SEPTEMBER 21, 2017

“Bots like Alan will handle the traditional number-crunching and repetitive manual work, while we accountants become the analytical and strategic partners of organizations that guide companies through the increasingly dynamic nature of today’s business [world].”. “In

corporate accounting 45

corporate accounting Technology Account accountant 45

PYMNTS

MAY 21, 2018

M&G chief executive Anne Richards, HM Treasury non-executive director and deputy chair of Kinnevik Amelia Fawcett, and former audit partner at PwC and former chair of the Accounting Standard Board Mary Keegan are all on the panel.

Account 40

Account accountant accounted audit 40

PYMNTS

DECEMBER 12, 2019

auditing firms — EY, Deloitte, KPMG and PwC — for guidance from the Financial Accounting Standards Board in October with regard to how supply chain finance should be classified on financials, similarly pointing to an increased use of reverse factoring arrangements. The SEC’s remarks follow requests by the Big Four U.S.

Finance 58

Finance accounting and finance financial statements Washington 58

PYMNTS

AUGUST 1, 2018

Supply chain financing programs offered by banks and alternative lenders do not necessarily require disclosure of the debts under corporate accounting standards. Defunct U.K. A survey of 337 U.S. The survey traced supplier payment practices back to 2004.

Finance 40

Finance accounting and finance corporate accounting accounting standards 40

PYMNTS

MAY 17, 2018

A few key themes emerged from the fallout, however, with analysts citing Carillion as a prime example of how a consolidated auditing market risks lackluster accounting standards, as well as how late payments by large corporates can have detrimental impacts on small suppliers. Both topics, however, have captured headlines for some time.

audit 40

audit accounting and finance Government corporate accounting 40

PYMNTS

APRIL 16, 2019

Straight2Bank Pay allows businesses to accept payments across a range of channels, including mobile wallets, cards, bank transfers and QR Codes, with funds deposited directly into their accounts. Standard Chartered said the solution allows companies to work with a single collections provider regardless of payment technology.

accounting standards 61

accounting standards Account accountant accounted 61

PYMNTS

JANUARY 10, 2019

Today, external auditors and accountants are facing rising pressure to mitigate risk amid market volatility, with analysts pointing to increased auditing fees last year as accounting standards tighten.

Finance 74

Finance auditor accounting and finance corporate accounting 74

PYMNTS

JUNE 29, 2018

The company said that new accounting standards will mandate that firms must move leases onto their balance sheets — thus, opening up huge potential for LeaseAccelerator. The company said it has tripled revenues in the past year. Peter Sobiloff, who serves as managing director at Insight Venture Partners, will join the board.

accounting standards 40

accounting standards payroll online accounting Government 40

PYMNTS

MARCH 7, 2016

GAAP and international accounting standards, is another boon to efficiency, said Bres. The ability to have such dialogue across transactions but also have a 360-degree view of intercompany flows and payments, with tracking of U.S.

Technology 40

Technology international accounting standards accounting and finance Finance 40