Remove tag accounting-reports
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Building a better P2P solution at breakneck speed.

Airbase

Since the launch of Guided Procurement, this year has seen a rapid-fire release of additional features that we love telling accountants about because, well, you’re unique in your ability to fully appreciate the value of our improvements. The magical upgrades that we introduce to improve the lives of accountants. Guided Procurement.

NetSuite 130
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2024 GAAP Taxonomy Approved By SEC

CPA Practice

The Securities and Exchange Commission has accepted the 2024 GAAP Financial Reporting Taxonomy (GRT) and the 2024 SEC Reporting Taxonomy (SRT), collectively known as the “ GAAP Taxonomy ,” the Financial Accounting Standards Board (FASB) said on March 19. In addition, the FASB finalized the 2024 DQC Rules Taxonomy (DQCRT).

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Putting a Price Tag on Intangible Assets

RogerRossmeisl

Intangible assets — such as patents, copyrights and trademarks — are essential to the operations of many companies, but they’re rarely reported on the balance sheet. And even when they are reported due to an acquisition, book value is often based on historical cost under U.S. Generally Accepted Accounting Principles (GAAP).

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FASB Makes 2024 GAAP and SEC Taxonomies Available

CPA Practice

The Financial Accounting Standards Board (FASB) on Dec. 18 released the following taxonomies for 2024: GAAP Financial Reporting Taxonomy (GRT), SEC Reporting Taxonomy (SRT), and DQC Rules Taxonomy (DQCRT). Data Quality Committee’s (DQC) validation rules, predominantly for regulator use.

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How a continuous close leads to more accurate forecasting, better time management, and more.

Airbase

In other words, moving to a continuous close is a cultural change and a shift in accounting procedures However, the monthly close has long been a cornerstone of accounting practice. It’s possible to simplify and shorten a monthly close by drawing on the concepts of continuous accounting. And why now?

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Work from anywhere with these new updates to our Xero apps

Xero

If you’re an accountant or bookkeeper, it can save you time chasing documents and manually entering data. Refreshed partner portal We’ll be updating the Hubdoc partner portal soon, which helps accountants and bookkeepers easily find and manage their clients’ documents.

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Why we can’t keep old reports (and other burning questions)

Xero

The retirement of old reports is now only a little over five months away. We’ve answered some of your most common questions, so you can feel confident about switching to new reports before 31 July 2023. Q: Why are you getting rid of old reports? Our teams have big plans to add even more reports and functionality in the future.