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Inside GASB's far-reaching agenda

Accounting Today

The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. Governmental Accounting Standards Board chairman Joel M. All rights reserved.

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IASB revises practice statement on management commentary

Accounting Today

EDT 3 Min Read Facebook Twitter LinkedIn Email The International Accounting Standards Board released a revised practice statement on management commentary to achieve better global alignment, while its parent, the IFRS Foundation, released guidance on an entitys climate-related transition disclosures. All rights reserved.

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Is your firm overpaying for external hires?

Accounting Today

Practice management Compensation Recruiting Employee retention MORE FROM ACCOUNTING TODAY Accounting GASB gives guidance on pronouncements The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders. All rights reserved.

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IMA expands competency framework for accountants

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email The Institute of Management Accountants is expanding its competency framework for accounting and financial professionals. The IMA is explaining the details at its conference in Scottsdale, Arizona this week, as well as an American Accounting Association conference in August. "Its

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Boomer's Blueprint: 4 ways algorithms can improve your firm

Accounting Today

By Danielle Lee 8h ago Practice management Accountants expect firms to shrink headcount by 20% Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana CPA Society. All rights reserved.

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Instead adds AI-driven tax reports

Accounting Today

By Danielle Lee 8h ago Practice management Accountants expect firms to shrink headcount by 20% Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana CPA Society. All rights reserved.

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IRS spruces up Pre-Filing Agreement program

Accounting Today

By Michael Cohn June 18 Accounting CIMA names new president The Chartered Institute of Management Accountants named John Graham as its next president, succeeding Simon Bittlestone, effective today. All rights reserved.