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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.

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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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Is your firm overpaying for external hires?

Accounting Today

By Tobias Salinger 1h ago Accounting IMA expands competency framework for accountants The Institute of Management Accountants is expanding its competency framework for accounting and financial professionals. 3h ago Like what you see?

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Inside GASB's far-reaching agenda

Accounting Today

By Tobias Salinger 5h ago Accounting IMA expands competency framework for accountants The Institute of Management Accountants is expanding its competency framework for accounting and financial professionals. 7h ago Like what you see?

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GASB gives guidance on pronouncements

Accounting Today

By Tobias Salinger 1h ago Accounting IMA expands competency framework for accountants The Institute of Management Accountants is expanding its competency framework for accounting and financial professionals. 3h ago Like what you see?

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What is Managerial Accounting and How Does it Differ from Financial Accounting?

Snyder

Managerial accounting, also known as management accounting, involves identifying, measuring, interpreting, and communicating information to management to assist them in planning, decision-making, and risk management. How managerial accounting looks at data. Major tasks of managerial accounting.

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The Impact of AI on the Accounting Profession

CPA Practice

Cost accounting and inventory management: This includes standard cost systems, activity-based costing, and cost-volume-profit analysis, among others. It’s essential for companies to effectively manage their inventory costs and control the manufacturing process.