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Big Four Seek Guidance On Trade Finance

PYMNTS

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. “Trade payables classification tends to be treated more favorably than borrowings (i.e.,

Finance 40
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Blockchain in accounting – what does the future hold?

Reckon

This means that successful accounting firms will be those who can understand and relay the real-world interpretations and implications of blockchain databases and records. What the top accounting firms are saying about blockchain. The cost and time necessary to conduct an audit would decline considerably.”.

Account 97