ThomsonReuters

JANUARY 3, 2022

Supply-chain finance is nothing new; it’s been?around Greensill Capital collapsed in early 2021 when it lost financing after its shady practices came to light. Understanding the supply-chain finance process. In general, the financing arrangement is one where: . And lenders get their financing fees.

Finance 98

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PYMNTS

JUNE 24, 2019

Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have said will place a significant burden as organizations work to comply with the requirements. We’ll ask you for input on this as well.”

accounting standards 58

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PYMNTS

OCTOBER 9, 2018

Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report financial metrics and performance. Experts say the move will not go unnoticed when the accounting standards begin to take effect for public companies in 2021.

accounting standards 61

accounting standards Account accountant accounted 61

CPA Practice

MARCH 1, 2024

By Amrita Choudhary, Kiplinger Consumer News Service (TNS) In recent years, lease accounting standard ASC 842 has replaced the ASC 840 standard. All companies—whether big or small, public or private—have to implement this new accounting standard. Despite AI’s capabilities, human verification remains crucial.

Account 115

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SMBAccountant

JANUARY 4, 2023

Sources: Lease Query: Five Tips for Small Business Lease Accounting CPA Hall Talk: How to Understand the New Lease Accounting Standard HWA Alliance of CPA Firms, Inc.:

Account 246

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PYMNTS

DECEMBER 12, 2019

Securities and Exchange Commission is turning its attention to a lack of transparency within corporates’ investor disclosures as more businesses use supply chain financing. Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec. Rising Criticism.

Finance 58

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ThomsonReuters

NOVEMBER 8, 2022

SEC Accounting and Reporting Update (SARU): No. Who needs to know : Small, midsize and large finance and accounting professionals that prepare or audit financial statements in compliance with US GAAP. Want more clarity around how to account for revenue-generating contracts in business combinations?

accounting and finance 59

accounting and finance audit Finance Account 59

CPA Practice

MAY 16, 2024

The remaining data will be in consolidation systems and outside the finance/tax sphere. In addition to tax data, CbCR incorporates information from finance, operations, and even HR. Finance teams and their advisors will be intimately involved in the orchestration calculations and provisioning.

Tax 59

Tax accounting and finance income tax Finance 59

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

Cherry Bekaert

APRIL 26, 2024

The Financial Accounting Standards Board (FASB) issued two Accounting Standard Updates (ASUs) in the first quarter of 2024. The Government Accounting Standards Board (GASB) did not issue any new GASB Statements in the first quarter of 2024.

accounting standards 88

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CPA Practice

FEBRUARY 27, 2024

By Amrita Choudhary, Kiplinger Consumer News Service (TNS) In recent years, lease accounting standard ASC 842 has replaced the ASC 840 standard. All companies—whether big or small, public or private—have to implement this new accounting standard. Despite AI’s capabilities, human verification remains crucial.

Account 52

Account accountant accounted accounting standards 52

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. As the letter notes, U.S.

Finance 40

Finance accounting and finance top accounting firms financial statements 40

CPA Practice

SEPTEMBER 1, 2023

While it is exciting that organizations are stepping up to pursue responsible practices en masse , the reality is that the onus to comply with related reporting requirements is on accounting and finance professionals. Achieving a successful ESG reporting framework often boils down to a well-defined system of controls and procedures.

accounting and finance 98

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Going Concern

JANUARY 25, 2023

When Thomson Reuters reported late last year that the Financial Accounting Standards Board (FASB) had proposed an eighth round of changes to lease accounting rules 1 , accounting and finance execs around the country channeled their inner Charlie Browns with a collective, “Good grief!”

Account 105

Account accountant accounted Real Estate 105

Cherry Bekaert

MARCH 27, 2024

Additionally, DSTs are financed with non-recourse debt and the beneficiaries do not carry any personal liabilities under the loan. It is critical for an entity to understand how a DST would be accounted for under GAAP before proceeding with an investment. DSTs are becoming more popular as an alternative for Section 1031 exchanges.

Delaware 110

Delaware Real Estate accounting standards Legal 110

Cherry Bekaert

MARCH 27, 2024

Additionally, DSTs are financed with non-recourse debt and the beneficiaries do not carry any personal liabilities under the loan. It is critical for an entity to understand how a DST would be accounted for under GAAP before proceeding with an investment. DSTs are becoming more popular as an alternative for Section 1031 exchanges.

Delaware 98

Delaware Real Estate accounting standards Legal 98

CPA Practice

APRIL 10, 2024

Tapping the global talent pool The accounting profession is witnessing a remarkable trend: a growing number of accounting and finance professionals in other countries are expanding their expertise and showing a keen interest in collaborating with or working for U.S. accounting standards and practices.

Technology 106

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CPA Practice

JANUARY 10, 2024

The Financial Accounting Standards Board ( FASB ) has announced the appointment of six new members to its Not-for-Profit Advisory Committee ( NAC ), effective January 1, 2024. The NAC serves as a standing resource for the FASB.

cpas 64

cpas accounting and finance accounting standards Finance 64

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 5, 2024

Lastly, interim tax reporting is crucial for complying with accounting standards and regulatory requirements such as FASB Accounting Standards Codification 740-270 Income Taxes (ASC 740). Stay informed and seek professional guidance: Keep abreast of the latest developments in tax regulations and accounting standards.

Tax 68

Tax income tax financial statements accounting standards 68

PYMNTS

AUGUST 1, 2018

Trade finance is a critical part of cross-border trade, particularly for small businesses. The explosion of different kinds of trade finance enables businesses to address multiple areas of cash flow gaps for both buyers and suppliers, all with the same goal: keep the global trade gears turning. Defunct U.K. Defunct U.K.

Finance 40

Finance accounting and finance corporate accounting accounting standards 40

CPA Practice

OCTOBER 18, 2023

As a leader on the forefront of financial reporting during a challenging period for the accounting and finance profession, Herz has demonstrated exemplary leadership and held key positions that have shaped the accounting landscape.

cpas 52

cpas accounting standards accounting and finance CPA 52

CPA Practice

JANUARY 5, 2024

The Financial Accounting Standards Board ( FASB ) has appointed six new members to its Not-for-Profit Advisory Committee ( NAC ), effective January 1, 2024. The NAC serves as a standing resource for the FASB.

cpas 52

cpas accounting and finance accounting standards Finance 52

Withum

JANUARY 29, 2024

The current environment in the financial markets compels the consideration of low tide in the valuation of private equity and venture capital investments as the funding landscape has experienced a shift in financing conditions and outlook over the past year. Venture Capital deal value in Q3 2023 fell to the lowest level since Q2 2018. [1]

accounting and finance 64

accounting and finance accounting principles accounting standards Finance 64

Cherry Bekaert

MARCH 6, 2024

At Cherry Bekaert, we tailor our solution to your unique situation in order to best support your finance team. Cherry Bekaert’s tax team brings expertise in both industry and public accounting to deliver a tailored solution.

Tax 52

Tax accounting principles financial statements income tax 52

Basis 365

FEBRUARY 20, 2023

It's one of the most important financial documents to help you make informed decisions, plan for the future, and secure financing. This blog post will discuss the importance of an accurate balance sheet and why outsourcing accounting services can be the best option for small businesses. What is a Balance Sheet?

financial statements 52

financial statements accounting and finance accounting standards accounting principles 52

CPA Practice

NOVEMBER 6, 2023

The program allows UMCS students to kickstart their careers by developing their accounting, finance, and business skills and earning prestigious professional qualifications alongside their university studies. research program, which explores the future of the finance profession in the age of disruption and uncertainty.

Texas 114

Texas Georgia accounting and finance Virginia 114

Basis 365

MARCH 23, 2023

It's one of the most important financial documents to help you make informed decisions, plan for the future, and secure financing. This blog post will discuss the importance of an accurate balance sheet and why outsourcing accounting services can be the best option for businesses. What is a Balance Sheet?

financial statements 52

financial statements accounting and finance accounting standards accounting principles 52

inDinero Accounting

JUNE 29, 2023

The history of GAAP dates back to 1929 when the Committee on Accounting Procedure was founded by the American Institute of Accountants and tasked with developing uniform accounting standards. Learn more about the difference between cash and accrual accounting methods in another indinero deep dive.

accrual accounting 98

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Accounting Today

SEPTEMBER 30, 2022

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Finance 97

Finance accounting standards Account accountant 97

Withum

JUNE 15, 2023

Recognizing and getting a refresher in the newly effective accounting standard, ASC 842 Leases, that changed accounting and terminology for reporting operating and finance leases under the previous standard.

CPA 52

CPA accounting and finance accounting standards Finance 52

ThomsonReuters

FEBRUARY 1, 2024

What are the GAAP accounting rules? Established by the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB) , GAAP is a set of standardized accounting rules, requirements, and practices to guide how financial statements are prepared and presented.

Non-Profits 52

Non-Profits accounting standards Maine accounting and finance 52

CPA Practice

MAY 22, 2023

As a sponsor, exhibitor and presenter, LeaseCrunch is dedicated to engaging with industry professionals and offering valuable insights on lease accounting standards. The first event on the agenda is the Government Finance Officers Association (GFOA) 2023 Annual Conference , scheduled for May 21-24 in Portland, Oregon.

accounted 52

accounted Account accountant Oregon 52

Basis 365

JUNE 29, 2023

When managing your company's finances, several roles come into play. Outsourced bookkeeping services allow you to focus on running your business while the bookkeeper handles finances. Two of the most important roles are the bookkeeper and the controller. But do you need both or can you get by with just one? What is a Bookkeeper?

bookkeeping 90

bookkeeping accounts payable basic accounting accounting and finance 90

Cherry Bekaert

MARCH 14, 2023

Scoping For private companies, the first step we recommend performing as part of the adoption of CECL is to identify all in scope financing receivables. standby letters of credit and financial guarantees).

auditor 96

auditor accounting and finance accounting standards Finance 96

Cherry Bekaert

OCTOBER 25, 2023

After a period of relative inactivity, standard setters have issued four new standards. The Financial Accounting Standards Board (FASB) has issued Accounting Standard Update (ASU) 2023-03 through ASU 2023-06. According to SAB 120, entities should consider whether observable market prices (e.g.,

financial statements 111

financial statements accounting and finance accounting standards Finance 111

ThomsonReuters

DECEMBER 11, 2023

Accounting for tax equity investments Implementing ASU 2023-02 Accounting professionals with equity investor clients who are involved with projects to receive income tax credits and other income tax benefits need to have a clear understanding of the proportional amortization method (PAM), especially in light of recent changes.

income tax 52

income tax accounting standards Non-Profits accounting and finance 52