Going Concern

JULY 29, 2024

India Today explains why US firms love hiring accountants in India : Consequently, American firms are increasingly turning to other countries to fill the gap, particularly eyeing India for its highly skilled accounting professionals.

CPA

Withum

JUNE 14, 2023

ESG reporting standards are transitioning from the wild west to ridged government and accounting-imposed standards. ESG Disclosure Standards To navigate the evolving landscape of ESG reporting standards, companies must proactively integrate the forthcoming disclosure requirements into their reporting processes.

international accounting standards

PYMNTS

JUNE 4, 2020

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. In the U.S.,

Real Estate

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. The SEC may urge caution, but victimization continues, even at the government level.

international accounting standards

inDinero Accounting

JUNE 29, 2023

Along this journey, influential organizations such as FASB and International Accounting Standards Board have played a major role in establishing and maintaining GAAP standards across different jurisdictions and industries worldwide. This process occurs before any cash payment is made or taxes are due.

accrual accounting

Withum

JULY 11, 2023

Digital transformation is key to building a path to sustainable mining, addressing sustainability challenges and capturing meaningful, thorough ESG (Environmental, Social, and Governance) data. In today’s mining industry, the effective management of environmental, social, and governance (ESG) data is of paramount importance.

international accounting standards

Baruch Lev

JULY 11, 2021

The Wall Street Journal reported (July 1, 2021) that the International Accounting Standards Board (IASB), the accounting body that sets the financial reporting rules of public companies in more than 140 jurisdictions ? This is not a reliable accounting system. but not in the U.S. — Congratulations Mr. Barckow!

Account

inDinero Accounting

JUNE 24, 2021

Outside the organization, investors , analysts, lenders, and government agencies use the three main business financial statements to understand a company’s financial health better. Typically an accountant familiar with your business prepares the business financials for investors, creditors, government agencies, or taxes.

Non-Profits

Accounting Seed

MARCH 17, 2022

Paying overseas employees follows the same foreign exchange accounting principles but can be more complicated. Depending on the details of the arrangement, a foreign government may require you to register with them as an employer. For more accounting resources for your business, read on: Top 7 Issues Accountants Face Today.

Account

CPA Practice

FEBRUARY 13, 2023

Automation and digitalization of accounting processes: This includes the use of software systems, cloud computing, and artificial intelligence in the accounting process. Financial planning and analysis: This involves forecasting and budgeting, financial reporting and analysis, and performance management.

Account

Going Concern

AUGUST 25, 2023

News US Accounting Board Looks Across the Ocean to Fill Hole in Rules [ Bloomberg Tax ] The flood of government aid that helped keep companies afloat during the coronavirus pandemic exposed a hole in US accounting rules: Businesses have no way to record the grants, loans, and tax breaks that bolstered their bottom lines.

tax preparation

ThomsonReuters

MARCH 17, 2021

He shared his thoughts about whether technology will impact the way the board sets standards and provided the most current view of the board’s work on segment reporting, goodwill, government assistance, debt, and a slew of other topics. Government Assistance, Debt, Goodwill, Segment Reporting. What are the plans for this topic?

Government

DMCL

APRIL 11, 2022

The government continues to spend on significant new programs and initiatives and expects a budget deficit of $113.8 The government budgets for another large increase to the CRA’s budget of $1.2 Introduction of the new Tax-Free First Home Savings Account (FHSA). billion for the 2021/22 fiscal year. billion for 2022/23 and $39.9

Non-Profits