accounting standards financial statements payroll tax 
CPA Practice
JUNE 25, 2025
OBannon Accounting Standards June 23, 2025  IASB Issues Revised Practice Statement on Management Commentary The revised Practice Statement supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.
Analytix Finance & Accounting
JUNE 24, 2025
1 – Reduced Overhead Costs One of the most compelling reasons to outsource your accounting functions is the significant cost savings. When you maintain an in-house accounting department, you’re responsible for more than just salaries. Either way, you’re only paying for what you actually use.
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Accounting Today
JULY 24, 2025
From the fourth quarter of 2018 through the fourth quarter of 2020, she collected and withheld taxes from her employees wages but did not pay the funds over to the IRS or file quarterly payroll tax returns. Leard used funds in her business bank account to purchase approximately $3.5 All rights reserved.
CPA Practice
AUGUST 7, 2025
AICPA Seeks Comment on Proposed Update to Auditors’ Responsibilities Related to Fraud The American Institute of CPAs’ Auditing Standards Board (ASB) is currently seeking public comment on a proposed standard updating auditors’ responsibilities related to fraud. If issued as final, the proposed SAS would supersede SAS No.
Accounting Today
AUGUST 6, 2025
Under the law, stablecoin issuers would be required to establish and disclose stablecoin redemption procedures and to issue periodic reports of outstanding stablecoins and reserve composition, which would be certified by executives and "examined" by registered public accounting firms. All rights reserved.
inDinero Accounting
JUNE 29, 2023
Generally Accepted Accounting Principles (GAAP) are a set of accounting principles, standards, and procedures that define accepted accounting practice at a particular time. Its purpose is to ensure that financial statements provide an accurate and transparent view of the company’s financial condition and operations.
Cherry Bekaert
FEBRUARY 19, 2024
Contributor: Anthony Walsh The Governmental Accounting Standards Board (GASB) has issued Statement No. This new guidance supersedes GASB Statement No. This new guidance supersedes GASB Statement No. The goal of Statement No. 101, but it was removed in the final statement.
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